Rational AG
RAA.SW
Swiss Exchange615.00
CHF
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Rational AG
RAA.SW
(Swiss Exchange)
Recent
price
615.00
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Rational AG is a German manufacturer specializing in commercial and industrial kitchen equipment for thermal food preparation. The company produces advanced cooking systems including the iCombi Pro and iCombi Classic intelligent combi steamers, combining steaming, baking, roasting, grilling, and convection cooking; the iVario Pro, a multifunctional cooking appliance replacing multiple traditional kitchen devices such as tilting pans, kettles, and fryers; and the recently launched iHexagon introduced in 2024, which integrates steam, hot air, and microwave technologies to offer rapid, precise cooking across six levels, significantly reducing preparation times. Rational’s products are digitally connected via the cloud-based ConnectedCooking platform, enabling remote control, digital menu planning, recipe management, and access to extensive online culinary content. The company supplements its appliances with software innovations like iDensityControl, iProductionManager, iCareSystem, and iCookingSuite, which enhance operational efficiency and simplify cooking workflows. Founded in 1973 and headquartered in Landsberg am Lech, Germany, Rational operates internationally across Europe, the Americas, and other global markets, serving professional kitchens in the foodservice industry including restaurants, hotels, hospitals, and catering companies. It is widely recognized as a world market and technology leader in hot food preparation systems. In recent developments, Rational executed a 6 percent revenue increase in 2024 to approximately €1.19 billion, driven by strong demand primarily in Europe and Germany, where sales increased by 18 percent in the third quarter of 2025 alone. The company reaffirmed its outlook for mid-single-digit sales growth and an EBIT margin near 26 percent for 2025. Operational enhancements include digitalization efforts, investments in production efficiencies, and sustainability-oriented energy-efficient designs for its iVario and iCombi series, which contributed to margin expansion despite cost pressures. Rational has not pursued recent mergers or acquisitions, focusing instead on organic growth and strategic digital innovation. Its latest major product launch, the iHexagon, exemplifies its ongoing commitment to market-leading cooking technology and operational excellence. Overall, Rational AG maintains a leadership role in the commercial kitchen appliance industry through innovative product offerings, digital transformation, and a focus on energy efficiency and user-centric automation.