Rational maintains stable valuation on strong order backlog

Rational, a German specialist in professional cooking and cooling systems, maintains a stable market valuation supported by a high order backlog and solid financial performance. For the 2023 fiscal year, the company reported revenue in the high triple-digit millions with a double-digit EBIT margin.

The company’s business model relies on equipping professional kitchens in sectors such as gastronomy, hotels, and communal catering. Profitability is bolstered by a combination of new machine sales and recurring revenue from service and spare parts. Additionally, production efficiency gains, price adjustments, and a product mix featuring high-value systems like the SelfCookingCenter contribute to stable or improving margins.