Brief: Rational expects sourcing to be very volatile in 2022

Rational AG

24/03/2022 06:05

March 24 (Reuters) - Rational AG  RAAG.DE :
    * SAYS 2021: SALES REVENUES UP BY 20 PERCENT TO 780 MILLION
EUROS
    * FY EBIT OF 160 MILLION EUROS - EBIT MARGIN OF 20.5 PERCENT
    * FY SALES REVENUES OF 780 MILLION EUROS - UP 20 PERCENT
    * POSITIVE OUTLOOK FOR FUTURE
    * SAYS UKRAINE CRISIS AND COVID PANDEMIC IN CHINA COULD
EXACERBATE
SUPPLY BOTTLENECKS SITUATION AGAIN
    * SAYS EXPECTS MATERIAL SOURCING SITUATION TO BE EXTREMELY
VOLATILE IN 2022
    * SAYS COMPANY ANTICIPATES THAT EBIT WILL GROW AT A SLIGHTLY
HIGHER RATE THAN SALES REVENUES
    * SAYS EBIT MARGIN WILL BE SLIGHTLY HIGHER YEAR ON YEAR
    * SAYS 7.50 EUROS DIVIDEND AND 2.50 EUROS SPECIAL DIVIDEND
PER
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Further company coverage:  RAAG.DE 

 (Reporting by Frankfurt Newsroom)
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