The Rational stock has seen a strong rally in the past few weeks.

Last Updated: 15. Dezember 2023By

The Rational stock also belongs to the winners of the last week in a strong stock market environment. Thus, the paper of the kitchen appliance company has gained around 30 percent since the end of October and thus compensated for the downward movement of the previous months. The title has recently approached the 700 euro mark again (as of December 15, around 11 a.m.).

Although the Q3 figures were weaker than expected in advance, the outlook for the current fiscal year could be confirmed. In addition, Rational scores as the world market leader with brand and pricing power. Innovative new cooking appliances could also provide a boost.

Rational with overall good nine-month figures It had already been expected from Rational in advance that the dynamics in the 3rd quarter would weaken. In the months of July to the end of September, the company achieved sales of just under 272 million euros, about 1 percent less than in the same period last year. EBIT fell by 6 percent to just under 66 million euros. The margin was just over 24 percent – more than had been expected in advance.

In view of the first 9 months of the year, the figures from Rational can still be seen: Sales rose 14 percent to 833 million euros, EBIT by 24 percent to just over 202 million euros. For the full year, the MDAX company continues to expect an EBIT margin roughly at the level of 2022 as well as a high single-digit percentage growth in sales.

Rational-Aktie: Growth and market leader as arguments Rational should also grow further next year 2024, which is due, among other things, to stable customer demand and strong market power. A new product category provides a spark of imagination and hope: a new cooking system will link steam, hot air and microwave technologies.

The downside of Rational stock has of course increased lately – with a 30 percent price increase in a few weeks, investors should prepare for several scenarios. Nevertheless, there are still good long-term arguments for the paper and the year-end high from the end of August (713.50 euros) has not yet been reached.