Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Rational AG (Rational) is an industrial machinery manufacturing company. It carries out the development, production and sale of professional kitchen equipment for thermal food preparation. The company’s products include combi ovens and steamers, multi-functional cooking system and accessories such as baking and roasting trays, mobile racks and oil carts. The company offers kitchenware products under the brands iCombi Pro, iCombi Classic, iHexagon and iVario Pro. Rational also provides digital access to its cooking systems and service through ConnectedCooking. The company serves canteens, hospitals, universities, schools, military facilities, prisons and retirement homes, quick service restaurants, caterers and delivery services, caterers, bakeries, and snack shops, supermarkets, butchers and petrol stations. It operates in Asia, Europe, the Middle East and the Americas. Rational is headquartered in Landsberg am Lech, Germany.
Headquarters
Germany
Address
Siegfried-Meister-Strasse 1, Landsberg Am Lech, Bayern, 86899
Website
www.rational-online.com
Telephone
49 8191 3270
No of Employees
2,838
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
RAA (ETR)
Revenue (2024)
$1.4B
5.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
1.3%
(2024 vs 2023)
Market Cap*
$8.7B
Net Profit Margin (2024)
XYZ
-4.0%
(2024 vs 2023)
* As of and is in US$
Rational AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Combi Ovens and Steamers | Installation Solutions | iCombi Pro |
| Multi-Functional Cooking System and Accessories | iCombi Classic | |
| iVario | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In February, the company launched a new product category, the RATIONAL iHexagon. |
| 2022 | Plans/Strategy | In June, the company announced its plans to discontinue business operations in Russia and to close the sales company. |
| 2021 | New Products/Services | In March, the company, the company launched iCombi Pro in India, the intelligent and super powerful combi-steamer. |
Competitor Comparison
| Key Parameters | Rational AG | The Middleby Corp | Welbilt Inc | Electrolux Professional AB | WMF GmbH |
|---|---|---|---|---|---|
| Headquarters | Germany | United States of America | United States of America | Sweden | Germany |
| City | Landsberg Am Lech | Elgin | New Port Richey | Stockholm | Eislingen |
| State/Province | Bayern | Illinois | Florida | - | Baden-Wurttemberg |
| No. of Employees | 2,838 | 4,309 | 4,800 | 4,300 | - |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter Stadelmann | Chief Executive Officer | Senior Management | 2014 | 60 |
| Jorg Walter | Chief Financial Officer | Senior Management | 2021 | 56 |
| Martin Hermann | Chief Technology Officer | Senior Management | 2022 | 59 |
| Markus Paschmann | Chief Marketing Officer; Chief Sales Officer | Senior Management | 2013 | 60 |
| Erich Baumgartner | Deputy Chairman | Executive Board | 2024 | 72 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer