Knaus Tabbert AG (KTA) Earnings Call Transcripts

Knaus Tabbert AG's Latest Earnings Call - March 31, 2026

In the fiscal year 2025, Knaus Tabbert AG (KTA:DE) reported revenues of EUR 1.002 billion, aligning with management's guidance, but faced significant profitability challenges, achieving an adjusted EBITDA of EUR 27.3 million, translating to a 2.7% margin, well below expectations. The company anticipates revenues of approximately EUR 950 million for 2026, with an adjusted EBITDA margin projected between 5% to 7%, reflecting ongoing operational adjustments and market normalization. Management emphasized the need for a cautious approach due to persistent pricing pressures and macroeconomic uncertainties.

Reported metrics

Guidance from management

For the fiscal year 2026, management expects revenues of around EUR 950 million and an adjusted EBITDA margin in the range of 5% to 7%, indicating a cautious outlook due to ongoing market uncertainties.

What management said

I think that should be included in the annual report when it comes to the number of vehicles that MORELO sold. Is that the question you're asking, the number of vehicles that MORELO sold? Let us look it up, and then I'll come back to your question once we've looked it up, and I'll give you the answer to that.

I'd be relatively hesitant to be providing these numbers. But let's just say that the impact that we've had was almost as significant as the whole chassis situation in the Premium segment. And then there is the -- yes, we have the [indiscernible]. Okay. We'll look further and we'll let you know.

What analysts pressed on

Analysts expressed concerns regarding the impact of rising fuel and gas prices on demand and the overall health of dealer financing. There were also questions about the company's ability to rebuild dealer buffers and the implications of high inventory levels on future sales.

Main topics on the call

• Profitability Challenges — Knaus Tabbert's profitability was significantly impacted by 'continued pricing pressure across the market due to elevated inventory levels' and 'dealer insolvencies,' resulting in an adjusted EBITDA margin of only 2.7%. ...
• Operational Adjustments — The company has undertaken 'decisive actions' to address operational inefficiencies, including a 'structural reset of our cost base' and reducing production levels to manage inventory. These measures are aimed at restori...
• Revenue Guidance for 2026 — Management provided a cautious revenue outlook for 2026, expecting 'around EUR 950 million' and an adjusted EBITDA margin of '5% to 7%.' This guidance reflects the impact of previously implemented cost measures and a gra...
• Market Stability — Despite a stable end customer demand, management indicated that 'the market environment remains uncertain' due to macroeconomic and geopolitical factors. They expect 'relative pricing stabilization' but remain cautious a...

Read the full Knaus Tabbert AG transcript (March 31, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 9 Knaus Tabbert AG earnings call transcripts on record, spanning March 30, 2022 to August 6, 2026. Based on this history, Knaus Tabbert AG reports semi-annually. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

KTA

Exchange

XTRA

Country

DE

Sector

Consumer Discretionary

Industry

Automobiles

Calls on record

9

First call

March 30, 2022

Most recent

August 6, 2026

Reporting cadence

semi-annually