EANS-Adhoc: Rosenbauer International AG
Weaker procurement due to low oil
Price
Decline in orders influencing development of revenues and earnings in
2016
-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- annual result 18.07.2016 Demand for firefighting equipment saw a decline in some Asian countries in the second quarter. Owing to political unrest and the low oil price, there is no indication that this weak demand can be offset by the end of the year. In addition, the political situation in the Gulf States is also resulting in delays in deliveries in the current year. The resulting weaker development of revenues means that the originally forecasted improvement in earnings in the 2016 financial year cannot be achieved, despite positive effects from the measures to increase efficiency and reduce costs, and earnings are instead expected to be at around the previous year's level. Thanks to its long-term internationalization, the Rosenbauer Group is well positioned to cope with such variations in demand and economic fluctuations. The successfully launched products, such as the AT municipal vehicle and the new HEROS-titan helmet, and the continued positive development on the fire equipment markets in Europe and the US are helping enable Rosenbauer to continue operating proactively on the market. The report on the first half of 2016 will be published on August 25, 2016. 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