Earnings Release • Apr 15, 2015
Earnings Release
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Financial Figures/Balance Sheet/annual report
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in EUR mill. in EUR mill. Net profit of in EUR mill. in EUR mill. in EUR mill. Order backlog in EUR mill. |
____________ FIGURES_ __ 2014 _____2013______ ___Change_%____ Revenues______ _____EUR______ _________784.9 __________737.9 __________+6_% EBIT_ __ _48.4 _42.3 _+14% the_period __ _36.7 __30.8 ____+19% activities_ __ _(37.1) __82.2 __- totalassets __ _34.2% __________45.2% ______________- Investments___ ______________ __________51.2 ___________25.4 _________+102% share______ _EUR_ __4.0 __3.9 _+3% share______ _EUR_ _1.21 __1.2 __0% Empl.__ __ _2,941 _2,651 _+_11% as_of_Dec_31__ __ ___670.2 _590.1 _+_14% |
1) Proposal to the AGM
The Rosenbauer Group continued its growth in 2014 and again posted record revenues. Its long-term growth strategy allowed it to further expand its business and grow its revenues in the regions of North America and Asia and Oceania. The revenues of the Rosenbauer Group reached a record level of EUR 784.9 million in the 2014 financial year (2013: EUR 737.9 million). This corresponds to an increase of 6% as against the previous year. The main contributors to the rise in revenues were S.K. Rosenbauer, which increased deliveries in the Asian region, and the Spanish and US companies.
At EUR 48.4 million, EBIT in the 2014 financial year was up 14% on the previous year (2013: EUR 42.3 million), while the EBIT margin climbed from 5.7% to 6.2%. A significant share of this improvement was accounted for by the German and American segments, the latter of which on account of the further optimization of chassis production at Rosenbauer Motors. The capitalization of development costs of EUR 3.4 million (2013: EUR 2,3 million) also had a positive effect on earnings.
Even though the situation on the fire equipment markets is not the same all over the world, a slight recovery in overall demand is nonetheless anticipated. Given the solid development in incoming orders in recent months and the expanded production capacity, management is assuming that consolidated revenues will rise in 2015.
The following factors in particular are significant to the income situation in 2015:
The currently very high expenses for the launch of new products, appearing at the world's largest trade fair and tapping new markets such as France and the UK will not positively affect earnings until after a delay.
In order for the intended growth to be implemented on a solid financial basis, the processes and workflows in all areas of production have to be optimized further. The investment in the new Plant II is already bearing first fruit. However, the optimized processes relating to the two most important vehicle series, the PANTHER and the AT, will not have a positive effect on earnings
until later years. On the basis of the forecast market development and the above factors, the management target is to increase revenues and EBIT by 10% for the 2015 financial year. Further inquiry note: Rosenbauer International AG Mag. Gerda Königstorfer Tel.: 0732/6794-568 [email protected] issuer: Rosenbauer International AG Paschingerstrasse 90 A-4060 Leonding phone: +43(0)732 6794 568 FAX: +43(0)732 6794 89 mail: [email protected] WWW: www.rosenbauer.com sector: Machine Manufacturing ISIN: AT0000922554 indexes: WBI, ATX Prime stockmarkets: free trade: Berlin, Stuttgart, official market: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service
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