Knaus Tabbert AG Reports Lower Revenue and Profits for 2024, Optimistic Forecast for 2025

Knaus Tabbert AG announced preliminary results for the 2024 fiscal year, revealing a decrease in consolidated revenue to EUR 1,082.1 million, compared to EUR 1,441.0 million in the previous year. This decline is attributed to over two months of production stoppages. The company also reported a significant drop in adjusted EBITDA to EUR 28.4 million, with an adjusted EBITDA margin of 2.6%.

The adjusted earnings were adversely affected by lower revenues, temporary sales promotion measures, and specific risk provisions. Despite these challenges, Knaus Tabbert is optimistic about the coming year. For 2025, the Management Board anticipates consolidated revenue around one billion euros with an improved adjusted EBITDA margin between 5.0% and 6.5%.