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21.11.2002 – 08:57

Rosenbauer International AG

euro adhoc: Rosenbauer International AG
Quarterly or Semiannual Financial Statements
* EBT shot up to the record figure of EUR 9.9 m in the first three quarters (E)

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Rosenbauer Group                                    1-9/2002 1-9/2001
Revenues                                        m EUR 200.9      192.2
EBIT                                              m EUR 12.9        4.5
EBT                                                m EUR 9.9         2.0
Profit after tax                          m EUR 5.3         0.7
Net profit / loss for the period m EUR 2.1         (2.2)
Cash-flow from pre-tax period      m EUR 11.5        4.2
Employees as of 30.09.                          1.245      1,290
Order books                                  m EUR 257.9      194.6

REVENUE AND RESULTS TRENDS The gratifying course taken by the Rosenbauer Group’s business in the 1st half of the year was sustained, and even improved upon, during the third quarter. On revenues of EUR 200.9 m (up 5 % on the comparable figure of EUR 192.2 m for 1-9/2001), EBT rose several times over from EUR 2.0 m to EUR 9.9 m. Completion of the restructuring operations at the Metz Group, successful implementation of the rationalisation and organisational streamlining projects at the Austrian and German locations, and stepped-up sales activities have combined to bring about a marked improvement in the results trend as compared with the previous year. These measures are set to have a lasting impact on the positive overall development of the Group.

OUTLOOK Best year in the Group’s history Thanks to the outstandingly positive development of the Group’s business during the first three quarters, Management expects the 2002 Financial Year to close not only with an increase in revenues from EUR 273.7 m to EUR 285 m, but also with a jump in EBT from EUR 5.1 m to around EUR 13 m. This considerably surpasses the previous EBT forecast of EUR 11 m. As outlined above, the main reasons for this development are the successful restructuring of the Metz Group, sharply reduced manufacturing costs at the Leonding site, economies of scale from major orders, and the good results from the export deliveries made by the Spanish subsidiary.

end of announcement            euro adhoc 21.11.2002

Further inquiry note: Marlene Schneider

Branche: Machine Manufacturing
ISIN:      AT0000922554
WKN:        092255
Index:    ATX Prime, WBI
Börsen:  Baden-Württembergische Wertpapierbörse / free trade
              Berliner Wertpapierbörse / free trade
              Wiener Börse AG / official dealing

Original content of: Rosenbauer International AG, transmitted by news aktuell