sur Knaus Tabbert AG (isin : DE000A2YN504)
Knaus Tabbert Reports Strong First Half of 2024 Results
Knaus Tabbert AG announced robust financial results for the first half of 2024. The company posted consolidated revenue of EUR 699.4 million and an adjusted EBITDA margin of 9.6%. CEO Wolfgang Speck attributed this success to early adjustments in product mix and the multi-brand strategy.
The motorhome brands KNAUS, WEINSBERG, and MORELO continue to lead the market in new registrations, particularly in the semi-integrated and luxury segments. Order intake showed positive momentum, resulting in an order backlog exceeding half a billion euros as of August 2024.
In June, Knaus Tabbert secured a syndicated loan of EUR 250 million to support growth. Investment activities focused on the new production line at Morelo, leading to a positive free cash flow of EUR 12.3 million.
The company has updated its full-year forecast, expecting consolidated sales between EUR 1.3 billion and EUR 1.4 billion and an adjusted EBITDA margin of 7.0% to 8.0%.
R. H.
Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de Knaus Tabbert AG