17/02/2023

17 February 2023
17 February 2023, Comments Comments Off on Knaus Tabbert increased to over one billion euros the group revenue in fiscal year 2022
Knaus Tabbert increased to over one billion euros the group revenue in fiscal year 2022

Driven by a strong growth spurt in the fourth quarter, Knaus Tabbert increased consolidated group revenue to over EUR 1 billion for the first time in fiscal year 2022 based on preliminary figures.

Overall, consolidated group revenue in financial year 2022 increased by 22 percent to EUR 1,050 million (previous year: EUR 863 million). Of this, EUR 356 million was attributable to the fourth quarter alone (previous year: EUR 228 million), in which the positive effects of the multi‐brand strategy at chassis became clearly evident for the first time. As a result, 11,426 motorized vehicles and 18,130 caravans were sold across the Group in the past fiscal year.

“The growth momentum in revenue and unit sales underscores the appeal of our brands for dealers and customers alike. The strong demand for leisure vehicles is also reflected in a continued high order backlog of EUR 1.3 billion at the end of the year,‟ commented Wolfgang Speck, CEO of Knaus Tabbert AG, on the past year. „We are very proud of what we have achieved in the past year. The strong fourth quarter underlines Knaus Tabbert’s great potential. Although the overall market was characterized by challenges along the supply chains, Knaus Tabbert added four new chassis suppliers to its offering and launched more than 16 new model variants in less than twelve months.”
The strong growth was driven by all five group brands – equally in the luxury and premium segments. The key figures reflect the temporary shift in production from motorhomes to caravans.