RATIONAL AG : Continued growth in 2024 and maintenance of a good margin level
>Conference call feedback - In 2023, revenue rose by 10%, fuelled by dynamic growth in iCombi and after-sale services revenue (90% of consolidated revenue) and a positive pricing (linked to the price increase in 2022). By geography, growth was driven by North America (23% of total revenue; +18% year on year), Asia (14% of total revenue; +24%), with a good performance in China, and Latin America (6% of total revenue; +18%). For 2024, management expects prices to remain...Rational is a producer and supplier of equipment for industrial and commercial kitchens. Co. is engaged in providing units for heating and cooking all types of food. Co.'s products include the SelfCooking Center®, a cooking appliance with intelligent cooking processes for roasting and pan-frying, poultry, fish, vegetables and other side dishes, potato dishes, egg dishes, desserts and bakery products; and the VarioCooking Center®, used for cooking in liquid or in direct contact with heat; and the CombiMaster®, a combi-steamer. Co.'s customers include restaurants, hotels, company canteens, hospitals, schools, universities, miliatry facilities, prisons and retirement homes.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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