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Rosenbauer International AG

Quarterly Report Nov 23, 2007

757_rns_2007-11-23_477deb99-8f45-467b-9620-caa98ddf84be.pdf

Quarterly Report

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QUARTER REPORT 1-3/2007

ECONOMIC ENVIRONMENT

The third quarter of 2007 saw a continuation of the positive trend in the fire-equipment sector's principal markets. Heightened security concerns, prompted by the threat of terrorism and natural disasters, have kept international demand in the fire-protection and civil-defence fields at a high level. Besides this, the buoyant international aviation market has led to increased demand for air crash tenders.

The US dollar lost yet more ground against the euro, reaching a low of 1.42 to the euro by the end of September 2007. Thanks to its international span, with production facilities in both the euro and dollar zones, the Rosenbauer Group is strategically well placed to largely balance out any exchange-rate fluctuations.

REVENUES AND RESULTS TRENDS

1

The third quarter was marked by further growth for the Rosenbauer Group, with satisfying improvements in both revenues and the result. Measured against the first three quarters of 2006, Group revenues were up 21.3% at 277.1 m€ (1-9/2006: 228.5 m€). International export business and US sales were once again the main drivers of corporate growth. On the back of this increase in revenues, the operating result (EBIT) also surged by 26.1% to 15.0 m€ (1-9/2006: 11.9 m€), with profitability (EBIT margin) slightly above last year's level, at 5.4% (1-9/2006: 5.2%).

The Group's client structure means that in this financial year – as in previous years – the lion's share of all shipments will be effected towards the year-end. Accordingly, it is in the last few months of each financial year that the bulk of its revenues and result tends to be realized.

Owing to the increased financing requirements for fulfilling the high volume of orders, and to markedly higher interest rates, the finance cost swelled to -3.6 m€ (1-9/2006: -2.7 m€). The pro-rata result from the joint venture in China came to -0.2 m€ (1-9/2006: 0.0 m€). Overall, then, EBT in the first three quarters of this year totalled 11.2 m€ (1-9/2006: 9.1 m€).

A year-on-year quarterly comparison shows that in the usually rather slower 3rd quarter, both the Group's revenues, at 98.8 m€ (7-9/2006: 81.1 m€) and its EBIT at 6.2 m€ (7-9/2006: 4.5 m€) were up on the comparable figures for last year.

SEGMENT DEVELOPMENT

The segment statements refer to the revenues and results earned by the individual companies both on their respective local market and from export sales.

Austria

The Austrian Group companies' revenues rose 36.1% on the back of increased export shipments, reaching 161.0 m€ (1- 9/2006: 118.3 m€). With EBIT of 8.7 m€ (1-9/2006: 5.7 m€), the Austrian locations made a very substantial con tribution to the Group result. International business continues to be a vital factor underpinning this ongoing top and bottom-line growth. The strong international position of the Rosenbauer Group, and its technological leadership in specialty vehicles, are the main contributors to this positive development.

With no let-up in the high level of demand, pressure on capacity at the production facilities in Leonding and Neidling/St. Pölten continues unabated. The sustained high order volumes, and the delivery times that are usual in the sector, together mean that the additions to capacity made in recent years are already being used to the full.

Whether the forecast revenue and result targets can be met will depend in large part on there being a smooth supply of materials and chassis. With demand currently so strong in the world economy, ensuring this is quite a challenge. The need to bring in external capacity to cover the huge increase in shipment volumes will now tend to flatten bottomline growth.

USA

In spite of rather restrained demand for municipal vehicles over the past few months, Rosenbauer has been successful in further consolidating its strong position on the US market, raising its revenues to 79.7 m€ (1-9/2006: 74.9 m€). At 6.2 m€ (1-9/2006: 6.4 m€) EBIT in the US segment remained at the same excellent level as the year before, despite the decline in the US dollar.

Germany

The German segment – comprising Metz Aerials in Karlsruhe, Rosenbauer Feuerwehrtechnik in Luckenwalde and Rosenbauer Deutschland in Passau – managed a 20.9% boost in its revenues, to 53.8 m€ (1-9/2006: 44.5 m€). Owing to the structure of shipments at Metz Aerials, the German segment was unable to close the first three quarters in the black, posting a result of -1.9 m€ (1-9/2006: -1.6 m€). The unveiling of the new Metz L32 A turntable ladder with articulated cage boom to the trade public in October marked another resolute step forward for the strategic product initiative which got underway last year by Metz Aerials .

Spain

With shipment volumes for major orders still as high as ever, the Spanish segment matched its 2006 performance by achieving revenues of 16.3 m€ in the first three quarters (1-9/2006: 16.9 m€). Thanks to an improved order-book structure, it was able to boost its EBIT to 1.4 m€ (1-9/2006: 0.4 m€).

Switzerland

The Swiss segment consists of the sales company Rosenbauer AG in Oberglatt. Due to stiffer competition on its market, it was only able to post EBIT of 0.0 m€ (1-9/2006: 0.2 m€) in the first three quarters, on revenues that were slightly down at 4.3 m€ (1-9/2006: 4.7 m€).

Asia

The Asian segment, comprising SK Fire, Singapore and Eskay Rosenbauer,Brunei, posted EBIT of 0.6 m€ (1-9/2006: 0.7 m€) on revenues of 7.3 m€ (1-9/2006: 8.6 m€).

FINANCIAL POSITION AND ASSET SITUATION

The Group's financial position and asset situation in the first three quarters of 2007 were greatly marked by the higher production and shipment volumes mentioned above. The increase in the balance-sheet total from 235.4 m€ (September 30, 2006) to 268.7 m€ is attributable to higher receivables in consequence of the timing of product shipments, and to higher levels of production orders. The current interest-bearing liabilities rose to 78.8 m€ (September 30, 2006: 63.5 m€) due to the external financing needed for fulfilling the stepped-up shipment volumes. Net cash flow from operating activities, which represents changes in the current assets, totalled -37.1 m€ in the period under review (1-9/2006: -37.8 m€). The greater financing requirements reflect the company's strong growth at present.

INVESTMENTS

Investments in tangible assets decreased to 5.1 m€ in the period under review (1- 9/2006: 7.8 m€). The high level of capital investment in the comparable period last year is due to the new logistics centre at the Leonding plant, which went into operation in 2006.

EMPLOYEES

At the end of the 3rd quarter, the Group employed a total of 1637 people (September 30, 2006: 1498). This 9% rise in the size of the workforce is basically due to the recruitment of new production staff in Austria and the USA, and reflects the Group's continued corporate growth. 50 employees were hired in Austria, and 89 in the companies outside Austria – especially those in the USA.

ORDERS

Last year's excellent inflow of new orders continued unchanged through the first three quarters of 2007, reaching 328.0 m€ (1-9/2006: 337.7 m€). The reserve of unfilled orders as at September 30, 2007 grew to 395.2 m€ (September 30, 2006: 337.6 m€), mainly as a result of the strong order intake during the last quarter of 2006. This gives the Rosenbauer Group a fairly clear view of the likely course of revenues in the months ahead.

OUTLOOK

The Rosenbauer Group is expecting the positive trend on the relevant markets to continue during the coming months. Market volumes in the fire-equipment sector are expected to remain at a high level.

On the strength of the results for the first three quarters, and assuming that the high shipment volumes are fulfilled as planned, 2007 has the makings of a record year. Given the high degree of capacity utilization at the production companies, the composition of the orders on hand, and timely availability of production materials, the Management of the Rosenbauer Group still expects 2007 to bring a rise of at least 10% in revenues and EBIT.

OTHER EVENTS

The 4:1 share split resolved at the General Shareholders' Meeting was implemented as of July 3, 2007, taking the number of shares in issue from 1.7 million to 6.8 million. Despite the recent turbulence on the capital markets, the Rosenbauer share continues to put in a solid performance.

In the USA, most sales of fire fighting vehicles are handled by dealers, with nearly 80% of procurement transactions being done with the manufacturers' distribution partners. In September 2007, the Rosenbauer US Dealers' Council met for the first time in Austria. At this meeting, the US dealers were briefed on the Group's strategic orientation and on European product technology, with a view to involving them more thoroughly in the future development of the company.

MATERIAL RISKS AND UNCERTAINTIES IN THE FIRST THREE QUARTERS OF 2007

As a globally active company, Rosenbauer is exposed to a variety of risks in the course of its business operations. Essentially risks are seen at Rosenbauer as potential deviations from the corporate objectives; this view of "risk" encompasses not only the possibility of a loss but also the failure to seize potential opportunities. Rosenbauer is constantly addressing the strategic and operational risks. The risk management policy of the Rosenbauer Group, and the principal categories of risk – strategic and operational risks, competition-related, market and product risks, personnel and financial risks – are explained in detail in the 2006 Annual Report (see "Risk Management" on pages 23 and 24 of the Rosenbauer Group Annual Report 2006).

In Rosenbauer's view, the most significant risks which might militate against the positive trend in the Group's business continuing unbroken throughout the current financial year relate to provision of the requisite resources for continued growth – especially supplies of materials and chassis – and to future developments in exchange rates and interest rates. In view of the considerable increase in production output, special precautions have been taken to ensure that customers' high expectations are met.

The risk-management system is an integral part of the management, planning and controlling process. The thorough reporting provided by the Controlling Department means that there is a high probability of any more sizeable risks being identified at a very early stage, enabling timely counter-measures to be initiated.

On the basis of the information known today, there are no existential risks which might weigh decisively upon the asset position, financial status and earnings situation.

CONSOLIDATED BALANCE SHEET

in k€ Sept 30, 2007 Dec 31, 2006 Sept 30, 2006
ASSETS
A. Non-current assets
I.
Tangible assets
40,714.5 39,731.1 38,381.4
II.
Intangible assets
467.3 483.6 598.0
III. Securities 221.8 202.5 1,603.5
IV. Joint Venture 2,153.6 2,014.0 2,120.8
V.
Receivables
1,151.4 1,221.0 500.0
VI. Deferred tax assets 5,038.8 5,845.6 6,194.8
49,747.4 49,497.8 49,398.5
B.
Current assets
I.
Inventories
93,049.0 80,860.3 104,976.6
II.
Production contracts
35,336.8 23,709.4 19,120.1
III. Receivables 80,627.3 48,188.2 50,324.4
IV. Cash and short-term deposits 9,936.2 3,945.6 11,624.3
218,949.3 156,703.5 186,045.4
TOTAL ASSETS 268,696.7 206,201.3 235,443.9
EQUITY AND LIABILITIES
A.
Equity
I.
Share capital
13,600.0 12,359.0 12,359.0
II.
Capital reserves
23,703.4 24,944.4 24,944.4
III. Other reserves 178.5 144.8 220.8
IV. Accumulated results 15,934.9 15,039.0 6,310.0
53,416.8 52,487.2 43,834.2
V.
Minority interest
11,324.7 10,884.4 10,715.3
Total Equity 64,741.5 63,371.6 54,549.5
B.
Subordinated (mezzanine) capital
0.0 0.0 7,497.1
C.
Other non-current liabilities
I.
Non-current, interest-bearing liabilities
19,239.5 13,761.2 10,916.4
II.
Other non-current liabilities
845.5 1,453.9 830.2
III. Non-current provisions 19,627.2 19,388.4 20,232.6
IV. Deferred income tax liabilities 348.7 632.9 555.0
40,060.9 35,236.4 32,534.2
D. Current liabilities
I.
Current, interest-bearing liabilities
78,832.6 29,091.8 63,546.4
II.
Advance payments received
15,891.5 10,747.2 11,160.1
III. Trade accounts payable 28,239.7 30,218.4 27,329.6
IV. Other current liabilities 27,802.5 25,387.8 21,951.7
V.
Provisions for taxes
471.6 517.5 635.0
VI. Other provisions 12,656.4 11,630.6 16,240.3
163,894.3 107,593.3 140,863.1
TOTAL EQUITY AND LIABILITIES 268,696.7 206,201.3 235,443.9

CONSOLIDATED INCOME STATEMENT

in k€ 1-9/2007 1-9/2006 7-9/2007 7-9/2006
1. Revenue 277,113.0 228,529.1 98,755.2 81,053.6
2. Other income 1,774.8 1,694.5 800.0 626.8
3. Change in inventories of
finished goods and work in progress 13,105.7 15,920.6 2,776.2 7,947.0
4. Expenses for materials and services (188,692.3) (153,394.4) (66,248.9) (57,838.9)
5. Personnel expenses (62,936.2) (56,469.2) (21,915.3) (19,236.3)
6. Depreciation on intangible and tangible assets (3,796.1) (3,805.1) (1,241.7) (1,292.8)
7. Goodwill impairment 0.0 0.0 0.0 0.0
8. Other expenses (21,581.3) (20,616.4) (6,733.4) (6,730.0)
9. Operating result (EBIT) before result
of joint venture 14,987.6 11,859.1 6,192.1 4,529.4
10. Financing expenses (4,254.1) (3,335.9) (1,254.7) (1,206.9)
11. Financing income 686.3 588.7 265.5 150.6
12. Profits/losses on joint venture (234.8) (14.0) (78.3) (38.9)
13. Profit before tax (EBT) 11,185.0 9,097.9 5,124.6 3,434.2
14. Taxes on income (2,100.0) (2,191.2) (768.6) (827.9)
15. Consolidated profit 9,085.0 6,906.7 4,356.0 2,606.3
thereof
Profits/losses on minority interest 3,400.7 3,241.1 1,462.1 1,411.2
Profits/losses parent company 5,684.3 3,665.6 2,893.9 1,195.1
Average number of shares issued 6,800,000.0 1,700,000.0 6,800,000.0 1,700,000.0
Basic earnings per share 0.84 € 2.16 € 0.43 € 0.70 €
Diluted earnings per share 0.84 € 2.16 € 0.43 € 0.70 €

CONSOLIDATED CASH FLOW STATEMENT

in k€ 1-9/2007 1-9/2006
Net cash flow from operating acitivities (37,149.3) (37,768.6)
Net cash flow from investing acitivities (5,097.5) (7,814.6)
Net cash flow from financing acitivities 48,324.9 49,829.4
Net change in cash and cash equivalents 6,078.1 4,246.2
Cash and cash equivalents at the beginning of the period 3,945.6 7,596.6
Adjustments from currency translation (87.5) (218.5)
Cash and cash equivalents at the end of the period 9,936.2 11,624.3

4

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

Attributable to shareholders in parent company
Other reserves
Share Capital Currency Re-evaluation Hedging Accumulated Minority
in k€ capital reserve translation reserve reserve results Subtotal interest Equity
As at Jan 1, 2007 13,600.0 23,703.4 (341.2) 0.0 486.0 15,039.0 52,487.2 10,884.4 63,371.6
Total income and expense
for the year
recognized directly in equity (453.3) 0.0 487.0 (28.4) 5.3 (826.2) (820.9)
Consolidated profit 5,684.3 5,684.3 3,400.7 9,085.0
Total income and expense
for the year (453.3) 0.0 487.0 5,655.9 5,689.6 2,574.5 8,264.1
Dividend (4,760.0) (4,760.0) (2,134.2) (6,894.2)
As at September 30, 2007 13,600.0 23,703.4 (794.5) 0.0 973.0 15,934.9 53,416.8 11,324.7 64,741.5
As at Jan 1, 2006 12,359.0 24,944.4 (317.0) 83.5 (267.6) 5,317.6 42,753.9 11,991.2 54,745.1
Total income and expense
for the year
recognized directly in equity (452.2) (23.5) 563.6 726.8 814.7 (1,452.0) (637.3)
Consolidated profit 3,665.6 3,665.6 3,241.1 6,906.7
Total income and expense
for the year (452.2) (23.5) 563.6 4,392.4 4,480.3 1,789.1 6,269.4
Dividend (3,400.0) (3,400.0) (3,065.0) (6,465.0)
As at September 30, 2006 12,359.0 24,944.4 (135.2) 60.0 296.0 6,310.0 43,834.2 10,715.3 54,549.5

SEGMENT OVERVIEW

Revenue Revenue EBIT EBIT
in k€ 1-9/2007 1-9/2006 1-9/2007 1-9/2006
Austria 160,957.2 118,295.7 8,651.0 5,690.1
America 79,701.2 74,911.4 6,245.5 6,390.4
Germany 53,775.2 44,476.2 (1,854.4) (1,586.9)
Spain 16,309.2 16,914.3 1,379.0 426.8
Switzerland 4,266.9 4,699.0 (37.9) 201.1
Asia 7,265.1 8,641.7 604.4 737.6
Consolidation (45,161.8) (39,409.2)
Group total 277,113.0 228,529.1 14,987.6 11,859.1

DECLARATION BY THE LEGAL REPRESENTATIVES

These condensed interim consolidated financial statements of Rosenbauer International AG as at September 30, 2007 have been drawn up in accordance with IFRS (as adopted in the European region) and, to the best of our knowledge, convey a true and fair view of the asset position, financial status and earnings situation of all the enterprises included in the consolidation.

The situation report gives a true and fair view of the asset position, financial status and earnings situation in terms of the information required pursuant to § 87 Sects. 2 and 4 of the Austrian Stock Exchange Act ("Börsegesetz").

In the case of the present report, it was decided to dispense with audit or review by an external auditor.

Leonding, November 23, 2007 Executive Board of Rosenbauer International AG

NOTES

1. Information on the company and on the basis of preparation

The Rosenbauer Group is an internationally active corporate grouping with an Austria-based parent company, Rosenbauer International AG. Its main focus is on the production of fire fighting vehicles, the development and manufacture of extinguishing systems and the equipping of both vehicles and their crews. The Group head office is at Paschinger Strasse 90, 4060 Leonding, Austria.

These unaudited interim financial statements at September 30, 2007 have been in drawn up in conformity with International Financial Reporting Standards (IFRS), notably IAS 34 (Interim Financial Reporting). Hence the condensed interim financial statements do not contain all the information and explanatory notes stipulated by IFRS for an end-of-financial-year set of consolidated financial statements, but should be read in conjunction with the IFRS-compliant consolidated financial statements published by the Company for the financial year 2006.

These interim financial statements have been drawn up in thousands of Euros (k€), and unless expressly stated, this also applies to the figures quoted in the Notes.

2. Main effects of new accounting standards

With the exception of standards that have since come into force, the interim financial statements have been prepared on the basis of the same reporting and valuation methods as those applied as at December 31, 2006. No use has been made of new standards prior to their coming into force, nor, from today's perspective, are these expected to have any significant effect upon the consolidated financial statements.

3. Scope of consolidation

Pursuant to IAS 27, the scope of consolidation includes the same two domestic and 17 foreign subsidiaries as at December 31, 2006, all of which are under the legal and actual control of Rosenbauer International AG and are thus fully consolidated. The joint venture founded in China in 2005 (Rosenbauer YongQiang Fire Fighting Vehicles Ltd., China) has been reported in the balance sheet on the basis of the equity method.

4. Seasonal fluctuations

Due to the high degree of dependency on public-sector clients, the usual pattern in the fire equipment sector is for a very high proportion of its shipments to be made in the second half of the year, and especially in the last quarter. This may give rise to very considerable differences – in terms of revenues and results – between interim reporting periods. In the period under review, there were no unusual developments over and above the seasonal fluctuation that is characteristic of the industry. More information on developments in the period under review may be found in the situation report.

5. Main effects of estimates

In preparing the consolidated financial statements, the Executive Board made certain assumptions and estimates which have influenced the figures and recognition methods for assets, debts, income and expenses in the period under review. The actual figures may deviate from these estimates. Estimation errors had no significant effect on the financial statements in the reporting period.

6. Related party disclosures

There has been no change in the composition of the related parties since December 31, 2006. The following transactions were conducted with related parties in the period under review, the structure of these transactions having remained unchanged since the previous year.

in k€ 1-9/2007 1-9/2006
Sale of goods 45.4 7.7
Purchase of goods 1,431.1 1,012.0
Rental agreement for land 452.6 475.3
Rental agreement for office 44.6 50.2

The following transactions were made with the joint venture in China:

Sale of goods 551.9 1,404.0
Purchase of goods 930.2 28.7
Receivables 519.2 1,245.5
Liabilities 166.5 34.1

7. Taxes on income

Taxes on income for the period under review have been recognized on the basis of the best available estimate of the weighted average annual income-tax rate expected for the financial year as a whole. Taxes on income for 1-9/2007 breaks down into 1,729.9 k€ (1-9/2006: 1,511.1 k€) of expense for current income taxes, and 370.1 k€ (1-9/2006: 680.1 k€) of changes in deferred income taxes.

8. Segment reports

The Group's internal reporting places great emphasis on keeping track of developments at the Group companies. For this reason, it is the geographical segments that constitute the uppermost segmentation level in the Rosenbauer Group. An outline of these segments, condensed in accordance with IAS 34, and explanations regarding developments in the segments, may be found in the situation report.

9. Events after the balance-sheet date

No events of any consequence occurred prior to the drawing up of the quarter report.

10. Contingent claims and contingent liabilities

Rosenbauer International AG issued no letters of indemnity in favour of third parties outside the Group. Moreover, in the same way as at the year-end, there are no contingent claims and liabilities from which material claims and liabilities will result.

11. Resolutions at the General Shareholders' Meeting

The 15th Annual General Shareholders' Meeting of Rosenbauer International AG took place on May 25, 2007.

At the General Meeting, it was resolved to increase the nominal share capital by 1,241,000 €, from the company's own resources, from 12,359,000 € to 13,600,000 €, by conversion of the relevant partial amount from the committed capital reserve, without issuing new shares.

It was further resolved to carry out a 4:1 share split, increasing the number of shares in issue to 6,800,000 so that in future each nonpar-value share will embody a 2.00 € portion of the nominal share capital. A resolution on a corresponding amendment to the Articles of Association was also passed.

Both the increase in the nominal share capital and the share split were carried out in the 3rd quarter.

12. Other notes

Interest-rate and foreign-exchange risks are hedged by means of derivative financial instruments such as foreign-exchange forwards and interest-rate cap instruments. At September 30, 2007, the fair value of the hedging transactions recognized in the income statement was 1,130.6 k€ (September 30, 2006: 10.7 k€), and that of the hedges recognized under equity was 1,297.3 k€ (September 30, 2006: 394.6 k€).

KEY FIGURES

Rosenbaue
Rosenbauer Revenue m€ 277.1 228.5 211.8
Group thereof Austria m€ 27.3 27.9 30.6
thereof international m€ 249.8 200.6 181.2
EBIT m€ 15.0 11.9 9.7
EBIT margin 5.4% 5.2% 4.6%
EBT m€ 11.2 9.1 7.8
Consolidated profit1) m€ 9.1 6.9 5.8
Cash flow from operating activities m€ (37.1) (37.8) (4.0)
Investments m€ 5.1 7.8 3.9
Order backlog as at September 30 m€ 395.2 337.6 218.4
Order intake m€ 328.0 337.7 243.1
Employees (average) 1,552 1,473 1,417
thereof Austria 738 702 724
thereof international 814 771 693
Employees (September 30) 1,637 1,498 1,426
thereof Austria 772 722 726
thereof international 865 776 700
Key balance Total assets m€ 268.7 235.4 194.2
sheet date Equity2) in %of total assets 24.1% 26.4% 28.7%
Capital employed (average) m€ 153.4 125.7 107.9
Return on capital employed 9.8% 9.4% 9.0%
Return on equity2) 17.5% 14.6% 14.0%
Net debt m€ 87.9 61.2 30.5
Gearing ratio 57.6% 49.7% 35.4%
Key stock Highest share price 39.9 21.33) 18.13)
exchange figures Lowest share price 30.2 15.43) 14.43)
Closing price 39.4 20.53) 15.13)
Number of shares m units 6.8 1.7 1.7
Market capitalization m€ 267.9 139.4 102.9
Earnings per share 0.8 2.2 1.3

1-9/2007 1-9/2006 1-9/2005

1) Consolidated profit before profits/losses on minority interst

2) Including minority interest and subordinated (mezzanine) capital 2005

3) The highest share price, lowest share price and closing price for the periods in 2006 and 2005 have been recalculated on the basis of the 4:1 share split.

CORPORATE CALENDAR 2008

February 27, 2008 Publication of the preliminary results 2007
April 25, 2008 Press conference on financial statements 2007
May 27, 2008 Publication of the Quarter Report 1/2008
May 30, 2008 General Shareholders' Meeting, 2:00 pm
Altes Rathaus (City Hall)
Hauptplatz 1, 4020 Linz, Austria
June 9, 2008 Ex-dividend day
August 22, 2008 Publication of the Report on the first half of 2008
November 21, 2008 Publication of the Quarter Report 1-3/2008

DETAILS OF THE SHARE

ISIN AT0000922554
Reuters RBAV.VI
Bloomberg ROSB AV
Class of shares Non-par-value shares made out to bearer
ATX prime weighting 0,1%

Published by Rosenbauer International Aktiengesellschaft, Paschinger Strasse 90, 4060 Leonding, Austria

Information

Gerda Königstorfer, Phone: +43 732 6794-568, Fax: +43 732 6794-89 E-mail: [email protected], Website: www.rosenbauer.com

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