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RATIONAL (0FRJ) Earnings Call Presentation
2025-08-05 05:00
Company Overview - RATIONAL has been successful on the stock exchange for 25 years due to innovation and stability[1] - RATIONAL aims to substitute traditional equipment in professional kitchens[32] - RATIONAL holds a strong Net Promoter Score (NPS) of +60, placing it in the "Best in Class" segment[30] - RATIONAL has a global presence in 120 countries[26] Products and Services - iCombi Pro is a combi-steamer with intelligent cooking paths[3] - iVario Pro is a multifunctional cooking system with contact heat[7] - ConnectedCooking is a digital kitchen management system[10] - Equipment revenue is supplemented by recurring non-equipment revenue, with iCombi accounting for 59%, iVario for 10%, and aftersales business for 31% of sales revenues in FY 2024[25] Financial Performance - Sales revenues increased by 6% to 1194 million euros in 2024[50] - The company's EBIT margin was at 26% in Q2 2025[58] - The company proposes a dividend of 1500 euros per share for 2024, with a total payout ratio of 68% and a dividend yield of 18% based on the 2024 year-end share price[69]