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Rational AG (Rational) is an industrial machinery company. It offers the development, production and sale of professional cooking appliances. The company primarily provides products such as baking and roasting trays, pizza trays, tandoori skewers, variosmoker. The company offers kitchenware products under the brands iCombi, VarioCookingCenter and Vario. It serves canteens, hospitals, schools, universities, military facilities, prisons and retirement homes, through to quick service restaurants, caterers and delivery services, as well as quick-service restaurants, caterers, supermarkets, bakeries and snack shops, 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
2,554
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
RAA (ETR)
Revenue (2022)
$1.2B
10.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
16.2%
(2022 vs 2021)
Market Cap*
$10.1B
Net Profit Margin (2022)
XYZ
5.5%
(2022 vs 2021)
* As of and is in US$
Rational AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Granite-Enameled Containers | Installation Solutions | iCombi |
| Variosmoker | iVario | |
| Perforated Container | ConnectedCooking | |
| 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 | Henny Penny Corporation |
|---|---|---|---|---|---|
| Headquarters | Germany | United States of America | United States of America | Sweden | United States of America |
| City | Landsberg Am Lech | Elgin | New Port Richey | Stockholm | Eaton |
| State/Province | Bayern | Illinois | Florida | - | Ohio |
| No. of Employees | 2,554 | 5,047 | 4,800 | 4,329 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter Stadelmann | Chief Executive Officer | Senior Management | 2014 | 58 |
| Jorg Walter | Chief Financial Officer | Senior Management | 2021 | 53 |
| Peter Wiedemann | Chief Operating Officer | Senior Management | 2022 | 64 |
| Martin Hermann | Chief Technology Officer | Senior Management | 2022 | 56 |
| Markus Paschmann | Chief Marketing Officer; Chief Sales Officer | Senior Management | 2013 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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