Knaus Tabbert Reports First Quarter 2025 Financial Performance

Knaus Tabbert AG experienced a 21.5% decline in revenue to EUR 295.6 million in Q1 2025, attributed to a production break until January's end and reduced production volume. This aligns with an anticipated normalization in demand. The company implemented significant cost-saving measures and headcount reductions in response.

Adjusted EBITDA fell 78% to EUR 8.5 million due to the production hiatus, resulting in a 2.9% EBITDA margin compared to 10.3% the previous year. Nevertheless, Knaus Tabbert achieved a positive free cash flow of EUR 14.6 million, driven by effective working capital management.

As of March 31, 2025, the order backlog stood at EUR 341 million, covering 30% of annual revenue. The company projects a revenue of EUR 1 billion and an EBITDA margin of 5.0% to 6.5% for the full year.