News

Leading German leisure vehicle manufacturer Knaus Tabbert has begun the 2021 financial year with some very healthy and encouraging indicators. The company has reported a 9.2 per cent increase in revenues to €238.9 million and a doubling of order volume to €624 million relative to the previous year.

Wolfgang Speck, CEO of Knaus Tabbert, said: "We are undergoing profitable growth and are stepping up our growth course! In the first three months of this year, we were once again able to increase both revenues and adjusted EBITDA. Our growth offensive will create close to 600 new jobs in 2021 alone, and will be accompanied by substantial investments in our locations and products.

“Our customers, dealers and rental companies are delighted with the products of our Weinsberg, Tabbert, T@B, Knaus and Morelo brands. With Rent and Travel, young people in particular find the perfect introduction to the wonderful world of caravanning. Thanks to the persistently high demand for our recreational vehicles, we are starting into our first full financial year following the IPO with an order backlog of more than 18,000 units – the largest in the history of Knaus Tabbert.”

The total number of vehicles sold for the first three months of 2021 amounted to 7,088 (up from 6,853 for the same period last year), and as of 31 March 2021, there is a record backlog of 18,860 pre-ordered vehicles – this offers a high degree of security for future financial planning according to Knaus.

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