(RTTNews) - Professional kitchen specialist Rational AG (RTLLF.PK) reported Wednesday that its first-quarter earnings after taxes climbed 46 percent to 24.4 million euros from last year's 16.7 million euros.
Earnings per share were 2.15 euros, up from 1.47 euros last year.
Earnings before financial result and taxes or EBIT grew 24 percent to 32.2 million euros from 26.0 million euros last year. EBIT margin improved to 19.2 percent from prior year's 14.3 percent.
Gross margin was 56 percent, same as last year.
Sales revenues of 167.7 million euros declined 7 percent from last year's 181.3 million euros. Sales revenues on a currency-adjusted basis declined 5 percent.