German leisure vehicle producer Knaus Tabbert AG has published the results for the third quarter of its 2025 financial year.

The company, which owns brands Knaus, Tabbert, Weinsberg, T@B, Morelo, and Rent and Travel, has been implementing a program of targeted measures to strengthen its competitiveness over the year, which has included reducing its vehicle inventories.

It says it has streamlined its portfolio for the coming model years and is focusing on the innovative further development of proven models. The package of measures has also included a significant adjustment of the company’s cost base.

However, Knaus Tabbert also says it is adjusting its production plan through to the end of 2025 due to short-term delivery delays announced by a key chassis supplier. This includes potential production suspensions and shifts into 2026.

The management board of the company is assessing key financial implications based on these developments.

In the first nine months of its 2025 financial year, Knaus Tabbert AG generated consolidated revenue of €761.5 million (previous year: €897.2 million), mainly due to production interruptions and lower delivery volumes.

Adjusted EBITDA amounted to €19.8 million (previous year: €42.9 million). The adjusted EBITDA margin stood at 2.6 per cent, reflecting the ongoing challenges in the market.

In an official press release, Knaus emphasised that there is still cause for optimism in the leisure vehicle market, saying: “The trend towards individual and nature-oriented travel continues, as evidenced by the second-highest number of visitors in the history of the Caravan Salon – 269,000 in 2025.

“While the overall recreational vehicle market in Germany remains stable, individual segments developed differently: motorhomes recorded 62,374 new registrations, only slightly below the previous year’s level, whereas caravans saw a more significant decline with 16,180 units. Supply overhang in the market continues to drive intense price competition, putting pressure on margins across the industry.”

In the same statement, the management board of Knaus Tabbert refined its forecast for the remainder of the 2025 financial year, saying it continues to expect revenue of around €1 billion. Profitability, expressed by the adjusted EBITDA margin, is expected to be at the lower end of the previously communicated range of 3.2 per cent to 4.2 per cent.