Knaus Tabbert AG / DE000A2YN504

  The Management Board of Knaus Tabbert AG today resolved to adjust its guidance for the 2025 financial year following an overall positive order intake development in the wake of the recent caravan trade fairs, but in light of continued margin pressure. Despite a generally positive market environment, the recent trade fairs have once again shown that Knaus Tabbert AG continues to operate in a market characterized by elevated price pressure, driven by strong competition and a remaining supply overhang, partly due to normalizing, yet still persisting, excess inventories. This market environment continues to necessitate sales-promoting measures. The effects of prior years’ overproduction have in recent quarters required adjustments across the entire industry – not only among leisure vehicle manufacturers. These include more cautious ordering behaviour of trading partners, as well as capacity adjustments throughout the supply chain, which also impact our short-term production. Accordingly, the Management Board of Knaus Tabbert AG has today decided to revise its outlook for the remainder of the 2025 financial year. The company continues to expect Group revenue of around one billion euros for the full year 2025. The previously narrowed adjusted EBITDA margin* is now forecast in a range of 3,2% to 4,2% (previous guidance of August 8, 2025: 5,0% to 5,5%).   *An explanation of the alternative performance indicators can be found in the published 2024 annual financial statements on page 31, available in the Investor Relations section of the company's website