Rational AG (ETR:RAA) will release the third quarter earnings for 2009 on Tuesday, November 10. The financial results will be posted on the company’s website, www.rational-online.com, on the Quarterly Reports page of the Financial Reports section under the Investors tab.
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Rational posted sales of 147.7 million euros in the first half of 2009. The number shows a 12% fall in comparison with the previous year, however it is within the forecast boundaries. The decline can be attributed to the strong performance in the first half of 2009. Some countries were reported to have lost more than others. Rational CEO Dr. Gunter Blaschke is quoted as saying, “In Asia, sales have almost reached the previous year’s level, but also the German market, with a loss of just 5 percent, is standing up quite well. This reveals the advantage of our broad, global business approach even in times of economical crisis.”
RATIONAL AG is a Germany-based global developer, producer and supplier of products for industrial and commercial kitchens worldwide. The Company's core competence is providing units for heating and cooking all types of food. The Company's principal products are the SelfCooking Center, an all-in-one appliance that facilitates baking, frying, grilling, steaming, stewing, blanching and poaching, and CombiMaster, a range of combination ovens. The product range also includes a range of kitchen accessories. RATIONAL AG offers additional services, such as RATIONAL ChefLine, a telephone service for expert in-house advice on using the Company's products, and RATIONAL Service for on-site maintenance and repairs. RATIONAL AG operates through a number of subsidiaries located in Europe, the Americas and Asia.
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