News

German leisure vehicle giant Knaus Tabbert AG has reported significant revenue and sales growth for its 2021 financial year. The company, which owns brands such as Knaus, Tabbert, Weinsberg, T@B and Morelo, achieved consolidated group revenue of €863 million, which represents an 8.6 per cent increase on the previous year’s figure. The group also reported a double-digit increase in its sales figures, achieving a final figure of 27,089.

“The significant growth in revenue and sales underlines the attractiveness of our brands for dealers and customers,” said Wolfgang Speck, CEO of Knaus Tabbert AG.

“The high demand for recreational vehicles continues unbroken, which is also reflected in our order backlog of 1.3 billion EUR as of December 2021. The challenges along the supply chain have demanded a lot from us, our suppliers and our customers. In the course of the fourth quarter of 2021, we were able to successively reduce the delivery backlogs of unfinished vehicles.”

In detail, revenues in the luxury segment increased by 13.7 per cent from €107 million to €122 million in the 2021 financial year. 501 vehicles were invoiced, compared to 452 in the previous year. A plus of 10.8 per cent.

In the premium segment, revenue increased by 7.8 per cent from €687 million in 2020 to €741 million in the past year. Sales even increased by 11.3 per cent from 23,897 motorhomes, caravans and vans to 26,588 units. These figures reflect the temporary shift in production from motorhomes to caravans, which were less affected by supply bottlenecks.

Wolfgang Speck added: “In many industries, 2021 was characterised by strained supply chains. Our flexible production planning across locations allowed us to react quickly to the unavailability of various materials at short notice and bring forward other orders. This allowed us to significantly reduce the overall impact on our business and achieve optimisation along the value chain.”

* All based on preliminary figures. Audited consolidated financial statements of Knaus Tabbert will be published on 30 March, 2022.