Rational AG Reports Growth in First Nine Months of 2024

Rational AG has announced a successful performance in the first nine months of 2024, reporting a 5% increase in sales revenues to 875 million euros. This growth is largely driven by strong performance in the Americas, where sales have risen significantly. The company's EBIT reached 226.6 million euros, maintaining a robust EBIT margin of 25.9%.

Sales were particularly strong in North and South America, with increases of 8% and 10% respectively. Europe also contributed positively, while sales in Asia stabilized despite a decline in the third quarter caused by fluctuations in Chinese and Japanese markets.

Rational's iCombi and iVario product groups reported revenue growths of 4% and 12% respectively. The company expects the positive trends in gross profit and EBIT margin to continue, confirming their forecasts for the year.