Outstanding Performance for Knaus Tabbert AG According to First Berlin Equity Research

First Berlin Equity Research has released an update on Knaus Tabbert AG, confirming a buy recommendation with a maintained price target of 86 euros. Preliminary revenue for 2023 amounted to 1.44 billion euros, reaching the top end of sales forecasts and marking a 37% year-on-year growth, significantly outpacing the growth of the German sector. Full results will be announced on March 31, with expectations of also achieving the EBITDA margin targets for 2023. Despite an anticipated normalization of the caravaning sector in 2024, prospects remain positive for Knaus Tabbert AG, with expectations of revenue growth and margin improvement.