Knaus Tabbert saw revenue drop by over a fifth in the first three months of this year, although it now expects the situation to stabilise following a programme of cost reduction and redundancies introduced by the new management.
The German company, one of Europe’s biggest caravan producers, and the name behind well-known caravan manufacturers Knaus, Weinsberg and T@B caravans, says the 21.5% decline from €376.7m to €295.6m was mainly due to its decision to halt production for a period late last year.
This pause was designed to reduce production volume to clear a backlog both at the factory and on dealer forecourts.
As a result, over the same period inventories of finished goods and work in progress decreased by €55.5m. In 2024 over the same period they decreased by just €9.1m.
At the end of March the order backlog was still accounting for at least 30% of total revenue, but the company says it now expects to turn over €1000m across 2025 as a whole.
The new Knaus Tabbert management team behind the turnaround now includes Jochen Hein, who spent eight years as technical director. He joined Knaus Tabbert this month as technical director. Matjaž Grm, former chief sales officer at Adria Mobil, has also been taken on as a consultant.
See what we made of the Knaus Azur 460 EU when we put it to the test recently, a four-berth tourer with a quality build.
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