Financial news

KNAUS TABBERT AG provides a more detailed revenue forecast and increases the forecast for the adjusted EBITDA margin for the financial year 2023

KNAUS TABBERT AGpublished at 20.09.2023 at 11:00
  • Forecast consolidated revenue: EUR 1.35 – 1.45 billion 
  • Forecast adjusted EBITDA margin: 8.5 – 9.0 %


The Management Board of KNAUS TABBERT AG has specified the forecast for consolidated revenue and now expects consolidated revenue for the financial year 2023 to be between EUR 1.35 billion and EUR 1.45 billion (previous year: EUR 1.05 billion). 

The concretization of the revenue forecast is based on the ongoing stabilization of the supply chains and the associated improved planning reliability of the production processes of KNAUS TABBERT AG. 

Compared to the previous planning, the Management Board now sees a significantly lower cost increase in materials procurement. The Management Board is therefore increasing its forecast for the adjusted EBITDA margin for the financial year 2023 to a target of between 8.5 % and 9.0 %. 

On March 31, 2023, the Company had forecast strong Group sales growth and an adjusted EBITDA margin of 7.5 – 8.5% for fiscal 2023. This was based on price increases vis‐à‐vis dealers of 6 – 8%. This forecast was last confirmed again on August 10, 2023.

The revised forecast for the financial year 2023 was based on the current market environment and assumes no significant deterioration in the geopolitical and economic environment. The communicated medium‐term targets up to 2027 remain unaffected by the adjustment of the forecast for the financial year 2023.

About the Knaus Tabbert AG

Knaus Tabbert AG, headquartered in Jandelsbrunn, is one of the leading manufacturers of leisure vehicles in Europe and looks back on a long tradition in caravanning. With its strong brands KNAUS, TABBERT, WEINSBERG, T@B, MORELO and the rental brand RENT AND TRAVEL, the company has stood for quality, innovation and freedom of travel on wheels for decades. The broad portfolio ranges from high‐quality luxury models to practical entry‐level vehicles. At four locations, the employees combine traditional craftsmanship with modern technology – for mobile travel that inspires.

Press-Contact

Stefan V. Diehl - Communications/PR

Knaus Tabbert AG
Helmut‐Knaus‐Str. 1
D‐94118 Jandelsbrunn

Phone: +49 8583 21 – 300
Fax: +49 8583 21 – 550
E‐Mail:s.diehl@knaustabbert.de

Lily Passberger

Knaus Tabbert AG
Helmut‐Knaus‐Str. 1
D‐94118 Jandelsbrunn

Phone: +49 8583 21 – 355
Fax: +49 8583 21 – 550
E‐Mail: l.passberger@knaustabbert.de