Knaus Tabbert continues profitable growth course: 2020 revenues & financial results higher than in previous year despite lockdown Knaus Tabbert, one of the leading manufacturers of recreational vehicles in Europe, has closed the 2020 financial year, which was dominated by the Coronavirus pandemic, slightly better than its own forecast, according to its preliminary figures. For 2020, the year of the IPO, the company recorded sales of 795 million euros.
This corresponds to an increase of around 2% compared to the previous year (2019: 780 million euros). Knaus Tabbert has thus completely made up for the Corona-related revenue shortfall in April 2020 despite renewed restrictions in the fourth quarter. Total output amounted to 807 million euros and thereby just exceeded the previous year’s figure (2019: 804 million euros). Adjusted EBITDA was 68 million euros, also above the previous year’s figure of around 65 million euros. Originally, Knaus Tabbert had forecasted revenues and EBITDA at the previous year’s level for 2020. The total number of vehicles sold in the past financial year was 24,349 compared to 25,729 in 2019. This reflects the company’s focus on the sale of high-quality motorised vehicles. Knaus Tabbert set a record in this segment with 4,627 (previous year: 4,289) van conversions sold. The Weinsberg models CaraBus and CaraTour were particularly popular. Added to this is the well-filled order book of 18,487 pre-ordered vehicles, which offers a high degree of planning security for the current 2021 fiscal year. This is particularly true when considering the sustained positive environment for caravanning, which is increasingly attractive among young people and the trend towards increasing regional tourism.
“First the lockdown in April, then the successful IPO in autumn – 2020 was an absolutely exceptional year in the history of Knaus Tabbert. We are very pleased that we were able to increase revenues and earnings,” says Wolfgang Speck, CEO of Knaus Tabbert. “The lockdown last year showed how well we can deal with challenging situations. Looking ahead to the current financial year, we are convinced that we will be able to serve the further increasing demand for our leisure vehicles in the European growth market well. Caravanning will continue to be one of the most popular types of holidays in the future and will become even more attractive.” Knaus Tabbert will publish the final results for the 2020 fiscal year on March 31, 2021.
Stuttgart/Jandelsbrunn (Germany). What could the future of the caravan be like? What might motorhomes look like in five or ten years’ time? Nobody knows exactly. But there are many different approaches, ideas and concepts.
However, one thing is clear: The recreational vehicle of the future is a combination of innovation, technology and unique design – and it is made by Knaus Tabbert.
As an innovation driver in the industry, the company, which is based in lower Bavaria, is always working on new approaches. In doing so, they never lose sight of one thing: consistent customer orientation and unique design.
In this spirit, the year 2020 begins: An experienced, motivated and highly qualified team working at the Jandelsbrunn, Mottgers, Schlüsselfeld and Nagyoroszi locations demonstrates courage and the power of innovation.
At the CMT, Knaus Tabbert created great anticipation and excitement among guests with its presentation of innovative new product developments and refreshing ideas.
The future is well within reach: In close cooperation with Bosch Engineering, Knaus Tabbert is working on developing an intelligent 48-volt wiring system in order to completely redefine freedom.
That means: independent power supply in the caravan, a longer period of self-sufficient camping – and the retention of all everyday comforts. What could the future of the caravan be like? What might motorhomes look like in five or ten years’ time? Good question. But one thing is clear: The recreational vehicle of the future is Knaus Tabbert.
KNAUS, WEINSBERG, TABBERT, T@B, MORELO and RENT AND TRAVEL – Knaus Tabbert presents all three brands in three halls at the CMT: C2, 3 (MORELO) and 10 (KNAUS and WEINSBERG CUVs). Exciting and powerful innovations, new groundbreaking motorhomes, CUVs and caravans – the highlights of model year 2020 include:
Powerful: Charging booster available in series for all motorhomes and CUVs. Clean: Filtered water in all Knaus Tabbert models – as a standard. Rugged: Every rear carrier is not the same: The optional e.hit for all motorhomes: Safe: Head-up display in the media package for all motorhomes and CUVs. Smart: optional voice control available in the new TABBERT CELLINI. Exciting: With the 48-volt wiring system, Bosch Engineering and Knaus Tabbert are working on creating a completely new caravanning freedom. Carefree: Maintenance and repair of all KNAUS and WEINSBERG Motorhomes available at 29 MAN service centres.
KNAUS is celebrating a major birthday: 60 years of KNAUS and the 100th birthday of company’s founder Helmut Knaus. Completes the L!VE family: the new L!VE I – Fully integrated at an entry-level price. Elegant: the successful SKY TI is now available as the fully equipped
Extravagant and futuristic: the SPORT&FUN is now available as the BLACK SELECTION in black and silver-grey. Bigger on the inside than on the outside: the BOXSTAR with new, spacious high-roof layout.
The new addition to the family: the CaraCore, the first fully-integrated WEINSBERG model, offers the highest degree of comfort in the mid-size vehicle class. Classic models: CaraCompact and CaraCompact EDITION [PEPPER] in new designs. WEINSBERG classics: the CaraOne with a fresh new look, now also with a lifting bed. The first series production CUV for more motorcycling fun: CaraBus and CaraTour 630 MEG [OUTLAW].
More innovative, refined and modern than ever before: PUCCINI sets new standards in the superior class. Pure luxury on wheels: CELLINI re-defines the high-end standard. T@B Iconic, cool, T@B: the modern retro classic continues to improve as it successfully enters model year 2020.
Show cars – KNAUS L!VE I and WEINSBERG The CORE Striking: the KNAUS L!VE I and WEINSBERG The CORE show cars are truly eye-catching, and show what the exterior design of a motorhome can look like.
RENT AND TRAVEL
Rent a vehicle, get in, and enjoy your holiday: Currently, there are more than 160 rental stations and 1,900 vehicles available – this also includes rental motorhomes. Innovative, unique booking system: Caravan hire made simple.