Preliminary FY23 Figures Exceed Forecast For Sales Revenues, Profit

From RTTNews:

Rational AG (RTLLF.PK) reported a 10% increase in consolidated sales revenues for fiscal 2023, reaching 1.125 billion euros. The fourth quarter saw sales revenues of around 293 million euros, a slight increase from the previous year’s 290 million euros. The company also achieved a record EBIT of around 277 million euros, with an EBIT margin projected to be around 24.5%.

The strong sales revenue growth, paired with slower rising costs, contributed to Rational AG’s record EBIT of around 277 million euros for fiscal 2023. This marks an increase from the 237.5 million euros recorded in the previous year. The EBIT margin is projected to be around 24.5%, exceeding the upper threshold of the forecast range.

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