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Knaus Tabbert AG
ISIN: DE000A2YN504
WKN: A2YN50
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Knaus Tabbert AG · ISIN: DE000A2YN504 · EQS - Company News (107 News)
Country: Germany · Primary market: Germany · EQS NID: 1558723
14 February 2023 07:00AM

Knaus Tabbert AG: Knaus Tabbert achieves over one billion euros in consolidated revenues for the first time in fiscal year 2022


EQS-News: Knaus Tabbert AG / Key word(s): Forecast/Annual Results
Knaus Tabbert AG: Knaus Tabbert achieves over one billion euros in consolidated revenues for the first time in fiscal year 2022

14.02.2023 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


  • Growth spurt in the fourth quarter due to multi-brand strategy and improved supply of chassis
  • Based on preliminary figures, group revenue increases by 22 percent to EUR 1,050 million in fiscal year 2022
  • 29,556 leisure vehicles of the group brands sold in 2022

 Jandelsbrunn. Driven by a strong growth spurt in the fourth quarter, Knaus Tabbert increased consolidated group revenue to over EUR 1 billion for the first time in fiscal year 2022 based on preliminary figures.

 Overall, consolidated group revenue in financial year 2022 increased by 22 percent to EUR 1,050 million (previous year: EUR 863 million). Of this, EUR 356 million was attributable to the fourth quarter alone (previous year: EUR 228 million), in which the positive effects of the multi-brand strategy at chassis became clearly evident for the first time. As a result, 11,426 motorized vehicles and 18,130 caravans were sold across the Group in the past fiscal year.

"The growth momentum in revenue and unit sales underscores the appeal of our brands for dealers and customers alike. The strong demand for leisure vehicles is also reflected in a continued high order backlog of EUR 1.3 billion at the end of the year," commented Wolfgang Speck, CEO of Knaus Tabbert AG, on the past year. "We are very proud of what we have achieved in the past year. The strong fourth quarter underlines Knaus Tabbert's great potential. Although the overall market was characterized by challenges along the supply chains, Knaus Tabbert added four new chassis suppliers to its offering and launched more than 16 new model variants in less than twelve months."

The strong growth was driven by all five group brands - equally in the luxury and premium segments. The key figures reflect the temporary shift in production from motorhomes to caravans.

All information on revenue development is based on unaudited and preliminary figures in accordance with IFRS. Further statements on the 2022 forecast remain unchanged. The audited consolidated financial statements 2022 including the forecast for the financial year 2023 will be published on March 31, 2023.

Contact
IR: Manuel Taverne // +49 152 020 929 09 // m.taverne@knaustabbert.de
PR: Stefan V. Diehl // +49 8583 21-300 // s.diehl@knaustabbert.de

About Knaus Tabbert
Knaus Tabbert AG is a leading manufacturer of leisure vehicles in Europe with headquarters in Jandelsbrunn, Lower Bavaria. Other locations in Germany are Mottgers and Schlüsselfeld as well as Nagyoroszi in Hungary. The company has been listed in the Prime Standard segment of the Frankfurt Stock Exchange (ISIN: DE000A2YN504) since September 2020 and generated revenues of more than one billion euros in 2022 with its brands KNAUS, TABBERT, T@B, WEINSBERG, MORELO and the internet platform RENT AND TRAVEL and produced almost 30,000 recreational vehicles with around 4,000 employees. More information: www.knaustabbert.de

 



14.02.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Knaus Tabbert AG
Helmut-Knaus-Str. 1
94118 Jandelsbrunn
Germany
Phone: +49 (0)8583 / 21-1
Fax: +49 (0)8583 / 21-380
E-mail: info@knaustabbert.de
Internet: www.knaustabbert.de
ISIN: DE000A2YN504
WKN: A2YN50
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1558723

 
End of News EQS News Service

1558723  14.02.2023 CET/CEST

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Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

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