Rational AG (RAA.DE)
Rational AG operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Landsberg am Lech, BV, DE. The stock last traded at $629.00, down 2.63% on the session, giving a market capitalisation of $7.15B. Its beta of 1.26 implies it has historically moved more than the broad market.
Headquartered in Landsberg am Lech, Germany, Rational AG, established in 1973, is a global leader in the development, manufacture, and distribution of advanced professional cooking appliances for commercial kitchens. Its innovative product portfolio features the iCombi Pro and iCombi Classic, intelligent combi-steamers accompanied by dedicated care solutions, as well as the iVario, a versatile cooking system designed for liquid-based preparation or direct contact heating. Furthermore, the company provides ConnectedCooking, an online platform to optimize kitchen operations. Beyond these core systems, Rational also supplies a full range of accessories, spare components, and comprehensive services for its equipment. The company caters to a broad spectrum of clients, encompassing hospitality venues like restaurants and hotels, alongside various communal and institutional food service providers such as corporate canteens, hospitals, schools, universities, military facilities, prisons, and retirement homes. Its reach also extends to quick-service establishments, catering companies, supermarkets, bakeries, butcher shops, petrol stations, and food delivery services. These sophisticated culinary solutions are brought to market through a network of independent sales partners.
Rational AG is most often compared with the following Industrials names: