EANS-Interim Report: Rosenbauer International AG
Zwischenmitteilung
-------------------------------------------------------------------------------- Intermediate report of the management transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
3rd quarter of 2009 sees further increase in revenues and result New order-intake record of EUR 454.0 Mio Largest-ever reserve of unfilled orders (EUR 553.2 Mio)
|Quarter 1-3 | |1-9/2009 |1-9/2008 |Changes in | | | | | |% | |Revenues |EUR Mio| 374.4 | 322.0 |+16% | |EBIT |EUR Mio| 27.2 | 21.5 |+27% | |EBIT margin |in % | 7.3 % | 6.7% |- | |EBT |EUR Mio| 24.5 | 16.9 |+45% | |Consolidated profit 1) |EUR Mio| 19.5 | 13.1 |+49% | |Cash flow from operating |EUR Mio| (47.2) | (2.3) | - | |activies | | | | | |Total assets |EUR Mio| 347.1 | 278.0 |+25% | |Investments |EUR Mio| 11.2 | 7.6 |+47% | |Employees (as at September 30) | | 1,931 | 1,758 |+10% | |Order intake |EUR Mio| 454.0 | 365.8 |+24% | |Order backlog (as at September |EUR Mio| 553.2 | 423.3 |+31% | |30) | | | | | | | | | | | |Quarter 3 | |7-9/2009 |7-9/2008 | | |Revenues |EUR Mio| 133.9 | 106.3 |+26% | |EBIT |EUR Mio| 11.7 | 3.4 |+244% | 1) Before profits/losses on minority interest The ROSENBAUER Group notched up both top and bottom-line growth during the reporting period, with revenues up 16% on the first three quarters of 2008 at EUR 374.4 Mio (1-9/2008: EUR 322.0 Mio). The principal drivers of top-line growth were international export sales and the Group´s US business. Helped by an excellent third quarter, the operating result (EBIT) for the first nine months was lifted by 27% to EUR 27.2 Mio (1-9/2008: EUR 21.5 Mio). This took the EBIT margin to 7.3%, up from 6.7% year-on-year, largely due to positive effects from the high level of capacity utilization. Despite the need for greater financing to fulfill the high shipment volumes, there was a marked improvement in the finance cost incurred in the reporting period, from EUR -4.1 Mio to EUR -2.6 Mio, thanks to considerably lower interest rates. EBT in the first three quarters of this year thus came to EUR 24.5 Mio (1-9/2008: EUR 16.9 Mio), a year-on-year rise of around 45%. Despite the weak state of the world economy, the ROSENBAUER Group once again managed to increase its order intake in the first three quarters of 2009. At EUR 454.0 Mio, it was 24% above the figure for this period of last year (1- 9/2008: EUR 365.8 Mio). This gratifying development is attributable in part to the major order from Saudi Arabia, worth around EUR 100 Mio, that was taken in the 1st half of the year. At EUR 553.2 Mio, the Group´s order backlog at September 30, 2009 were 31% above the comparable figure for last year (September 30, 2008: EUR 423.3 Mio)."ROSENBAUER has been successful in consolidating its leading market position still further, and in making the best possible use of the still positive market trend in our sector. We have ramped up production capacity at all our facilities and will be working to capacity until at least the third quarter of 2010", reports a gratified Julian Wagner, President and CEO ROSENBAUER International AG. ROSENBAUER Group Management can confirm a continuation of growth throughout 2009, with revenues expected to come in at around 10% above last year´s level (2008: EUR 500.3 Mio). As far as EBIT is concerned, Management is confident that last year´s record figure (2008: EUR 39.9 Mio) can be matched or even bettered. In view of the even stiffer competition, however, a somewhat narrower EBIT margin is expected than last year, of between 7% and 7.5% (2008: 8.0%). Text and visual material are available under www.rosenbauer.com/Press.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Branche: Machine Manufacturing
ISIN: AT0000922554
WKN: 892502
Index: WBI, ATX Prime
Börsen: Berlin / free trade
Stuttgart / free trade
Wien / official dealing
Original content of: Rosenbauer International AG, transmitted by news aktuell