Rational Ag Lndsberg (RTLLF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to Rational's earnings call for the fiscal year 2025. Following the balance sheet press conference, which was held earlier today, management would like now to give you a run-through through last year's results. That will be done by the CEO, Dr. Peter Stadelman, and the CFO, Jörg Walter. Thanks to everyone who submitted their question in advance. They will be answered after the presentation. To avoid duplication and for your convenience, I will post a list of the questions that have already been submitted. You will find them in the chat box on the lower right-hand corner in a few moments. Should you have additional questions, please feel free to enter them in the chat. We're looking forward to an insightful exchange, and I now hand it over to Dr. Stadelmann. The floor is yours. Thank you very much, and good afternoon, ladies and gentlemen. We can celebrate again, it's 50 years of combi ovens that we celebrate in 2026. We started in 1976 with the first convection oven where at that time also steam was included, which made it a very multifunctional device with a great future to come. You know our history a little bit, some of you, 1979, we started to clearly focus on combi steamers only, so we stopped producing and selling convection ovens, which at that time made up to 40% of our total sales. The company doubled several times in the following years. In 1986, we were celebrating the 100,000th iCombi oven and shortly after, in 1987, we introduced Clima Plus Control. That was the globally first combi steamer with a very precise control of the humidity in the cabinet. Oops, that was a little bit too much. 2000, as we know, and as we celebrated a year ago, was our IPO. 2004, we celebrated the launch of the Self-Cooking Center and the iValue Cookin...