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13.05.2015 – 08:01

Rosenbauer International AG

EANS-Interim Report: Rosenbauer International AG

  Intermediate report of the management transmitted by euro adhoc. The issuer
  is responsible for the content of this announcement.
Rosenbauer starts in 2015 with strong first quarter 

- Revenues up 25% to EUR 191.3 million
- EBIT of EUR 6.0 million (+ 28%)
- Incoming orders of EUR 133.9 million still at high level without major order
|KEY CORPORATE |               |               |               |               |

|FIGURES_______|_______________|___1-3/2015____|___1-3/2014____|Change %_______|
|EBIT__________|in EUR million_|____________6.0|____________4.7|___________+28%|

|Net profit for|               |               |               |               |
|Cash flow from|               |               |               |               |
|operating     |               |               |               |               |
|Earnings per  |               |               |               |               |
|Dividend per  |               |               |               |               |
|Employees as  |               |               |               |               |
|Order backlog |               |               |               |               |

*) Due to the change in segment reporting, the previous year's figures were
**) Proposal to Annual General Meeting
The firefighting industry will face a range of different challenges in 2015 as
well. Growth will come predominantly from Asia and the Middle East. A positive
trend in demand should get underway on the North American market in 2015, while
the industry will recover only slightly - if at all - in Europe.
The first quarter of 2015 developed positively for the Rosenbauer Group, with
consolidated revenues rising by 25% to EUR 191.3 million in the first three
months (1-3/2014: EUR 152.7 million). In addition to positive currency effects,
this revenue growth was attributable in particular to increased deliveries to
Arabic countries in comparison to the same period of the previous year. Sales
volumes in North America were also increased by 65%. The previous year's
revenues figures were also adjusted due to the review of the criteria for
segment reporting.
In the firefighting industry, the first quarter generally tends to be weaker in
terms of revenues and earnings. This is because the majority of deliveries are
usually made in the second half of the year. However, this seasonality over the
course of the year is leveled out by centrally managed procurement that is not
based on government budgets.
Result of operations
EBIT was 28% higher than last year at EUR 6.0 million (1-3/2014: EUR 4.7
million). Although foreign exchange valuations as of the end of the quarter and
expenses for the launch of new products and the Group's appearance at the
world's largest trade fair caused other expenses to rise, EBIT improved thanks
to higher earnings in North America as a result of optimized production.
However, the intra-year EBIT margin of 3.1% (1-3/2014: 3.1%) still fell short of
the long-term target.
Owing to the remeasurement effects of forward transactions, net finance costs
deteriorated year-on-year to
EUR -3.3 million (1-3/2014: net finance costs of EUR -0.3 million); the gains by
the companies in Russia and Spain that are accounted for using the equity method
amounted to EUR 0.1 million in the first quarter of the current year (1-3/2014:
EUR 0.6 million). Consolidated EBT for the reporting period amounted to EUR 2.9
million (1-3/2014: EUR 5.0 million).
Even though the situation on the fire equipment markets is not the same all over
the world and in some cases there are signs of restrained demand due to the
leading trade fair in June 2015, a slight recovery in overall demand is
nonetheless anticipated for the year as a whole. In the first three months,
incoming orders of EUR 133.9 million were generated and were thus on a par with
the previous year's level. The order backlog as of March 31, 2015 amounted to
EUR 694.6 million, up 14% on the previous year's figure (March 31, 2014:
EUR 607.5 million). This gives the Rosenbauer Group a good level of capacity
utilization at all its production facilities and good visibility for the months
Based on the forecast market development and the solid development in incoming
orders, the management is confirming a 10% increase in both revenues and EBIT in
the 2015 financial year.

end of announcement                               euro adhoc 

issuer:      Rosenbauer International AG
             Paschingerstrasse 90
             A-4060 Leonding
phone:       +43(0)732 6794 568
FAX:         +43(0)732 6794 89
sector:      Machine Manufacturing
ISIN:        AT0000922554
indexes:     WBI, ATX Prime
stockmarkets: free trade: Berlin, Stuttgart, official market: Wien 
language:   English

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