Brief: Rational Q2 Sales Revenues Of 212 Million Euros

Rational AG

22/07/2021 10:14

July 22 (Reuters) - Rational AG  RAAG.DE :
    * DGAP-ADHOC: RATIONAL AG EXPECTS FASTER RECOVERY AFTER VERY
GOOD
FIRST HALF OF 2021
    * SALES REVENUES OF 212 MILLION EUROS IN Q2 OF 2021 -
SLIGHTLY
ABOVE PRE-CRISIS LEVEL
    * EBIT MARGIN OF 22 PERCENT IN FIRST SIX MONTHS - 25 PERCENT
IN Q2
OF 2021
    * IN POSITIVE SCENARIO 15 TO 20 PERCENT RISE IN SALES
REVENUE AND
EBIT MARGIN OF SLIGHTLY MORE THAN 20 PERCENT EXPECTED FOR 2021
    * SURPRISINGLY FASTER AND STRONGER RECOVERY THROUGHOUT
INDUSTRY -
RETURN TO ABOVE PRE-CRISIS LEVEL POSSIBLE IN 2022 ALREADY
    * IF RECOVERY TREND CONTINUES, IT COULD BE FEASIBLE TO
RETURN, IN
FULL-YEAR 2022, TO SALES REVENUE LEVELS LAST SEEN IN 2019
    * SINCE COSTS ARE PROJECTED TO MOVE IN LINE WITH SALES
REVENUES,
EBIT MARGIN IS FORECAST TO BE JUST ABOVE 20 PERCENT, REGARDLESS
OF WHICH SCENARIO PLAYS OUT

Source text for Eikon:  ID:nEQ8zJ2Ypa 
Further company coverage:  RAAG.DE 

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