NEWSROOM

Industrial Kitchen Equipment Company RATIONAL Reaches 1 Billion Euro Turnover

*** This release is originally published in Turkish.

Google Translate Application translates the content you see on this page.***

TURKEY - Industrial Kitchen Equipment Company RATIONAL reached a group turnover of 1 billion Euros in 2022 with its two different cooking systems, iVario and iCombi. Peter Stadelmann, CEO of the company, which announced a turnover of 780 million euros the previous year, “This satisfactory development is the result of the relaxation of the procurement process in the second half of the year, along with the acceleration of production and the reduction of backlog orders,” he said.

According to the statement, sales growth of 28 percent was achieved in the iCombi product group compared to the previous year, thanks to the improvement in the supply process in the second half of the year. On the other hand, sales in the iVario product group recorded a 57 percent growth.

Markus Paschmann, Chairman of the Board of Directors for Sales and Marketing of RATIONAL AG, stated that the American market stands out among the markets with growth rates above expectations and that they generally perform well in almost all markets: It has been possible thanks to the long-term partnerships and the endless efforts of the employees.

Jörg Walter, Chief Financial Officer of RATIONAL AG; “The profit after tax and interest is expected to be around 237 million euros, which is a record value. This success demonstrates the exemplary commitment of our 2,367 employees around the world to the company and its customers."