Knaus Tabbert Supports Its Dealerships Amid Inventory Challenges

Motorhome registration figures for Knaus Tabbert AG's brands continue to rise, reflecting strong demand. Registrations in Germany increased by 9.3% by the end of June 2024. Brands such as Knaus, Weinsberg, and Morelo saw a 12.7% growth in registrations. Additionally, order intake has shown positive momentum with an order backlog exceeding half a billion euros.

However, the rise in inventory financing costs, up to 8%, presents challenges for over 500 dealers. This increase is due to inflation and rising interest rates. To support its dealer network, Knaus Tabbert is extending factory holidays at Jandelsbrunn and Nagyoroszi and temporarily reducing production output.

CEO Wolfgang Speck stated that although demand remains high, temporary production cuts should help reduce inventory levels and the associated interest burden on dealers. As a result, revenue forecasts for 2024 are adjusted to EUR 1.3-1.4 billion, with an EBITDA margin expected between 7.0% and 8.0%.