Rational Aktiengesellschaft · XETR:RAA
Rational Aktiengesellschaft — Rational — Q2 2025 Earnings Presentation
21 slides from Rational Aktiengesellschaft's earnings presentation, Aug 5, 2025
Slide 1: 25 years of success on the stock exchange
25 years of success on the stock exchange. . Thanks to innovation and stability. Earnings Call Q2 2025 Landsberg am Lech, 5 August 2025 1
Slide 2: Agenda
Agenda RATIONAL AG | Q2 2025 Earnings Call 03 Important Q2 2025 news Important Q2 2025 news Housekeeping 11 Figures. Facts. Data. Figures. Facts. Data. All participants remain muted. 19 Outlook 2025 Outlook 2025 Please send questions to ir@rational-online.com All questions will be answered after the
Slide 3: Improving the efficiency of commercial kitchens
Improving the efficiency of commercial kitchens Study on energy and water savings in the company restaurant of AXA Konzern AG, Cologne
Slide 4: Goals of the kitchen renovation
Goals of the kitchen renovation Saving resources reducing energy and water consumption Facts and figures Food quality Number of meals AXA Cologne: 1,200 – 1,600 further optimizing Employees AXA canteen Cologne: 28 Old production kitchen from 2004 Modernizing production and cleaning areas Project per
Slide 5: Great saving potentials are possible
“ The study helps to make solid decisions about investments. Great saving potentials are possible. Prof Dr Michael Greiner University of Applied Science Weihenstephan-Triesdorf
Slide 6: Old kitchen: Measurement technology and collected data
Old kitchen Measurement technology and collected data Electricity meter Water meter Cold Warm
Slide 7: New kitchen: Measurement technology and collected data
New kitchen Measurement technology and collected data Electricity meter Water meter Cold Warm
Slide 8: Benefits of RATIONAL cooking systems
Benefits of RATIONAL cooking systems
Slide 9: Study results: Improvements measured in the new kitchen
Study results Improvements measured in the new kitchen The water consumption The electricity consumption The connected loads of all The power peaks have been (warm and cold) per meal per meal has been reduced relevant kitchen appliances reduced on average by has been reduced on on average by have be
Slide 10: Current situation of US tariffs
Current situation of US tariffs General information, current developments and plans Production sites What measures are in place? iCombi: Landsberg, Germany • Warehouse in Canada iVario: Wittenheim, France • Local sourcing (e.g. stands) Suppliers: More than 95% European • Reactions in discussion - Pr
Slide 11: Figures. Facts. Data.
Figures. Facts. Data. HY 2025
Slide 12: Strong sales performance in HY 2025
Strong sales performance in HY 2025 Sales revenues increased by 4% to 606 million euros in HY 2025 +4% +23% +4% 606 +21% 581 561 -25% +27% 458 399 379 298 HY 2019 HY 2020 HY 2021 HY 2022 HY 2023 HY 2024 HY 2025 5 Aug. 2025 | RATIONAL AG | Earnings Call Q2 2025 12 Sales revenues in m EUR | Year-on-ye
Slide 13: Sales revenues by quarter
Sales revenues by quarter Q2 2025 – second-highest sales revenues in the company's history +5% +3% 311 318 286 295 295 294 2024 2025 2024 2025 2024 2025 2024 2025 Q1 Q2 Q3 Q4 5 Aug. 2025 | RATIONAL AG | Earnings Call Q2 2025 13 Sales revenues in m EUR | Year-on-year sales growth
Slide 14: Sales revenues by region
Sales revenues by region Americas and Europe spur growth North America Germany Asia +11% -2% -16% 148 62 60 134 79 67 HY 2024 HJ 2025 Europe HY 2024 HY 2025 HY 2024 HY 2025 +9% 262 240 Latin America Rest of the World +1% +4% 34 34 33 35 HY 2024 HY 2025 HY 2024 HY 2025 HY 2024 HY 2025 5 Aug. 2025 | R
Slide 15: iVario continues growing disproportionally high
iVario continues growing disproportionally high iCombi up by 5% in Q2 2025 iCombi +4% iVario 537 517 +9% 64 70 HY 2024 HY 2025 HY 2024 HY 2025 5 Aug. 2025 | RATIONAL AG | Earnings Call Q2 2025 15 Sales revenues in m EUR | Year-on-year sales growth
Slide 16: EBIT continues growing from high previous-year level
EBIT continues growing from high previous-year level EBIT margin at 26% in Q2 2025 24.3% 25.6% 25.3% 24.6% 22.3% 20.3% +10% +3% +46% 9.2% 153 149 136 -72% +10% +206% 98 93 84 28 HY 2019 HY 2020 HY 2021 HY 2022 HY 2023 HY 2024 HY 2025 5 Aug. 2025 | RATIONAL AG | Earnings Call Q2 2025 16 EBIT in m EUR
Slide 17: High profitability in HY 2025
High profitability in HY 2025 Healthy sales revenue performance and favourable COGS HY HY HY 2025 vs. HY 2024 1) in m EUR 2024 2025 Change Margin Impact Sales revenues 581 606 +4% --- COGS -239 -248 +4% +10 bps + Sales growth in line with expectations Gross Profit 342 358 +4% Gross Margin 58.9% 59.0
Slide 18: Solid balance sheet provides security and flexibility
Solid balance sheet provides security and flexibility High equity ratio and liquidity in m EUR 30.06.20241 31.12.2024 30.06.2025 Key balance sheet KPIs Non-current assets 290 292 282 +7% Growth in total assets Inventories 108 108 116 compared to HY 2024 Trade receivables 178 181 191 Other assets 264
Slide 19: Sales revenue and profit outlook for 2025
Sales revenue and profit outlook for 2025 Cautiously optimistic – despite challenging economical environment Sales growth Gross profit margin Operating costs EBIT margin in the mid single-digit slightly lower than previous rise slightly faster than at around 26%. After Q1 percentage range. year. sal
Slide 20: RATIONAL
RATIONAL
Slide 21: Disclaimer
Disclaimer This presentation serves the single purpose of introducing the RATIONAL Group and providing a brief overview. The information contained is not intended to be exhaustive and does not provide a basis for corporate decisions or serve as investment advice. We assume no warranty, guarantee or