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Rational achieves €1Bn turnover for first time in company’s history

25th Jan 2023 - 05:00
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Abstract
For the first time in its 50-year history Rational, the specialist in hot food preparation, achieved a group turnover of just over €1Bn in the 2022 financial year with its two iVario and iCombi cooking system lines.

This corresponds to an increase of 31% compared to the previous year (€780m). The American markets stood out in terms of sales development, with disproportionately high growth rates. 

Peter Stadelmann, chief executive of Rational, said: “This pleasing development was due to the full order book in light of the positive business development, combined with the sufficient supply of electronic components in the second half of the year to reduce the high backlog in orders.

“To show further appreciation for the performance of our employees, we paid out a global inflation compensation bonus in 2022 – €2,000 per capita in Germany – and for everyone who is at least in their second full year of service, as usual a voluntary special payment in the amount of one month’s salary.”

Written by
Edward Waddell