EANS-Adhoc: Rosenbauer International AG
Revenues up again, by 14% to 270.7 Mio
EUR;
2012 expected to bring record revenues of over 600 Mio EUR;
2012 earnings being held back by market environment
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 6-month report 24.08.2012 |Group key data | |1-6/2012 |1-6/2011 |Change in %| |Revenue |Mio EUR|270.7 |236.7 |+ 14% | |EBIT |Mio EUR|11.8 |14.0 |(16%) | |EBT |Mio EUR|11.9 |14.3 |(17%) | |Net profit for the period |Mio EUR|9.5 |11.4 |(17%) | |Earnings per share |EUR |1.2 |1.3 |(8%) | |Order intake |Mio EUR|280.3 |281.5 |0% | |Order backlog as at June 30 |Mio EUR|715.8 |447.5 |+ 60% | The Rosenbauer Group boosted its year-on-year shipment volumes in the first half of 2012, lifting its revenues by 14% to 270.7 Mio EUR (1-6/2011: 236.7 Mio EUR). This revenue growth is largely attributable to the international shipments made by Rosenbauer International AG, where capacity utilization continued to be very strong due to the high volume of orders on hand. The Group's firms in the USA and Switzerland also achieved higher revenues. At 11.8 Mio EUR, EBIT was 2.2 Mio EUR down on the previous year (1-6/2011: 14.0 Mio EUR), corresponding to an EBIT margin of 4.4% (1-6/2011: 5.9%). With the exception of Rosenbauer Schweiz in Switzerland, all segments were affected, albeit to differing extents. The Leonding site experienced considerable overutilization of production capacity in the 1st half of the year, a situation that only eased towards the end of the reporting period when an additional - leased - production building was put into service. The US segment incurred higher start-up costs in connection with the roll- out of the new US chassis Commander. Ultimately, the adverse budgetary situation of the public sector is making it impossible for the cost-increases at the production locations in Austria and in Germany to be fully passed on in the form of higher prices. This development is especially true of the new municipal vehicle AT and has also affected the half-year result. Outlook After a year of consolidation in 2011, the growth trajectory is set to continue in Financial 2012, with revenues expected to come in at over 600 Mio EUR. Despite the difficult market environment, characterized by intense price competition in developed markets, and the temporary additional expense caused by product start-ups and the high volumes being dealt with in the company's production operations, Management is aiming for a result above 40 Mio EUR. Overall, then, from today's perspective the outlook for Financial 2012 is for a slightly narrower EBIT margin than the year before, of between 6% and 7% (EBIT margin in 2011: 7.7%). Further inquiry note: Rosenbauer International AG Mag. Gerda Königstorfer Tel.: 0732/6794-568 gerda.koenigstorfer@rosenbauer.com 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 mail: ir@rosenbauer.com WWW: www.rosenbauer.com sector: Machine Manufacturing ISIN: AT0000922554 indexes: WBI, ATX Prime stockmarkets: free trade: Berlin, Stuttgart, official market: Wien language: English
Original content of: Rosenbauer International AG, transmitted by news aktuell