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RATIONAL (RAA) investor relations material
RATIONAL CMD 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic direction and site development
Wittenheim site is positioned as the global hub for iVario, with significant expansion to support strategic growth and a maximum capacity of 75,000 units, up from the current 25,000 units.
The facility covers 100,000 m², with 10,000 m² dedicated to production and investments in sustainability, including photovoltaic technology.
The site operates in synergy with the iCombi product group, sharing services in supply, innovation, marketing, and digital solutions.
Product innovation and market positioning
iVario Pro offers multifunctionality, combining boiling, braising, deep-frying, and pressure cooking in one appliance, replacing several traditional kitchen devices.
Intelligent assistance features include intuitive displays, pre-installed cooking processes, and online connectivity for ease of use and training.
Sustainability is emphasized, with studies showing up to 47.9% lower water consumption and 24.1% lower energy use compared to conventional kitchens.
Market reach and growth potential
As of September 2025, 86,000 iVario units are installed worldwide, with the majority in Europe and significant growth potential in North America, Asia, and South America.
Only 4% of the 1.6 million relevant commercial kitchens globally use iVario, leaving a large addressable market of over 1.5 million kitchens.
Positive growth trends are identified across all major global regions.
- Revenue and EBIT hit record highs in 2024, driven by strong Americas and Europe sales.RAA
Q4 2024 TU12 Mar 2026 - Sales up 5% to €980m, EBIT margin 25.5%, guidance confirmed despite tariff headwinds.RAA
Investor Update9 Feb 2026 - Record H1 sales, profit, and margin growth, led by Asia and North America, with positive outlook.RAA
Q2 20242 Feb 2026 - EBIT up 12% and sales up 5% year-over-year, with strong growth in the Americas.RAA
Q3 202415 Jan 2026 - Record sales, margin expansion, and innovation drive strong 2024 results; 2025 growth expected.RAA
Q4 202419 Dec 2025 - Innovation in intelligent cooking and digitalization drives growth and efficiency in commercial kitchens.RAA
New Food Conference25 Nov 2025 - Margin guidance cut to 25%-26% as tariffs and FX weigh, with pricing actions under review.RAA
Investor Update23 Nov 2025 - Record H1 2025 sales and EBIT, with margin guidance at 25–26% amid tariff and FX risks.RAA
Q2 202523 Nov 2025 - Q1 2025 sales and margins rose, led by US and Europe, with Asia down on prior-year effects.RAA
Q1 202516 Nov 2025
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