KNAUS TABBERT SUCCESSFULLY STARTS THE 2024 FINANCIAL YEAR - STRONG INCREASE
IN EARNINGS IN THE FIRST QUARTER OF 2024

EQS-News: Knaus Tabbert AG / Key word(s): Quarterly / Interim
Statement/Forecast
KNAUS TABBERT SUCCESSFULLY STARTS THE 2024 FINANCIAL YEAR - STRONG INCREASE
IN EARNINGS IN THE FIRST QUARTER OF 2024

08.05.2024 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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  * Group revenue increases by 2.2 per cent to EUR 376.7 million in the
    first quarter of 2024

  * Adjusted EBITDA increases disproportionately to revenue by 18.5 per cent
    to EUR 38.8 million

* KNAUS, WEINSBERG and MORELO remain leaders in new registrations

* Forecast for the 2024 financial year confirmed

    in EUR mill.        01.01. to  01.01. to  01.01. bis Chan-
                        31.03.2024 31.03.2023 31.03.2022  ge
    Revenue                  376,7       368,5       222,3   2,2%
    thereof premium          327,7       323,1       190,1   1,4%
    segment
    thereof luxury            49,0        45,4        32,2   7,9%
    segment
    Total output             388,4       380,7       212,1   2,0%

    EBITDA                    38,1        32,7        16,2  18,5-
                                                                %
    EBITDA adjusted           38,8        32,7        16,2  18,5-
                                                                %
    EBITDA-margin            10,3%        8,9%        7,3%
    adjusted
    Net income                18,2        17,0         6,2   6,6%
    Earnings per share        1,77        1,71        0,62   3,4%
    (in EUR)

Overall, consolidated Group revenue increased by 2.2% to EUR 376.7 million
in the first quarter of 2024 (previous year: EUR 368.5 million). EBITDA
adjusted for special items rose from EUR 32.7 million to EUR 38.8 million in
the reporting period, an increase of 18.5 per cent. The adjusted EBITDA
margin increased significantly to 10.3% (previous year: 8.9%).

In the past financial year, 4,663 motorhomes and camper vans (previous year:
4,390) and 2,925 caravans (previous year: 3,915) were delivered across the
Group. A total of 7,588 units were invoiced.

'The start to 2024 is characterised by a positive development of the leisure
vehicle market in Europe. Record figures for new registrations impressively
confirm this,' comments Wolfgang Speck, CEO of Knaus Tabbert AG, on the
start to the 2024 financial year. 'Our order backlog as of the end of March,
the product innovations planned for the 2025 model year and the launch of a
new brand give us the necessary planning security and confidence for the
2024 financial year.'

The Group continues to have a solid order backlog of around EUR 621 million
as at the reporting date of 31 March 2024 - measured against the revenue
forecast for 2024 as a whole.

GROWTH IN ALL SEGMENTS

Knaus Tabbert achieved an increase in revenue in all business segments in
the first three months of the 2024 financial year. The premium segment
accounted for EUR 327.7 million of Group revenue (previous year: EUR 323.1
million), while a further EUR 49.0 million (previous year: EUR 45.5 million)
was attributable to the luxury segment. Group revenue mainly resulted from
the sale of leisure vehicles. The Aftersales business, which mainly
comprises the spare parts business, contributed EUR 9.9 million (previous
year: EUR 4.3 million) to revenue.

DIVIDEND

The Knaus Tabbert Group's dividend policy is geared towards continuity. With
this in mind, it is also planned to propose an increase in the dividend to
EUR 2.90 per share (previous year: EUR 1.50) at the Annual General Meeting
in June 2024 in line with the very pleasing earnings performance in the 2023
financial year.

FORECAST CONFIRMED

Based on the current business development of the Knaus Tabbert Group, the
following forecasts have been made for the key performance indicators:

For the 2024 financial year, we expect Group revenue to develop in a range
of EUR 1.4 billion to EUR 1.55 billion compared to the 2023 financial year.

For the remainder of the 2024 model year, which ends on 31 July 2024, Knaus
Tabbert is not planning any price increases compared to the trade.

Earnings as expressed by the adjusted EBITDA and the adjusted EBITDA margin
are expected to be in a range of 8% to 9% based on the expected revenue
development.


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08.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Knaus Tabbert AG
                   Helmut-Knaus-Str. 1
                   94118 Jandelsbrunn
                   Germany
   Phone:          +49 (0)8583 / 21-1
   Fax:            +49 (0)8583 / 21-380
   E-mail:         info@knaustabbert.de
   Internet:       www.knaustabbert.de
   ISIN:           DE000A2YN504
   WKN:            A2YN50
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1898075

End of News EQS News Service
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1898075 08.05.2024 CET/CEST