euro adhoc: Rosenbauer International AG
Financial Figures/Balance Sheet
+
Rise in revenue of + 21% to 215.7 MEUR
+ EBIT to 18.1 MEUR more than doubled
+ New record level of the order intake with 256.2 MEUR
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Half-year financial report 2008
22.08.2008
|KEY FIGURES | |1-6/2008 |1-6/2007 |Changes in | | | | | |% | |Revenue |MEUR |215.7 |178.4 |+ 21% | |EBIT |MEUR |18.1 |8.8 |+ 106% | |EBT |MEUR |15.3 |6.1 |+ 151% | |Consolidated profit1) |MEUR |11.9 |4.7 |+ 153% | |Cash flow from operating |MEUR |7.2 |(38.0) | | |activities | | | | | |Total assets |MEUR |281.3 |265.9 |+ 6% | |Investments |MEUR |4.5 |3.4 |+ 32% | |Earnings per share |EUR |1.4 |0.4 2) |+ 250% | |Employees as at June 30 | |1,703 |1,571 | + 12% | |Order intake |MEUR |256.2 |224.5 |+ 14% | |Order backlog as at June 30 |MEUR |406.7 |391.4 |+ 4% | 1) Before profits/losses on minority interest. 2) Earnings per share for the period 2007 have been recalculated on the basis of the 4-for-1 share split. The Group's revenues and result in the first half of 2008 were considerably higher than in the corresponding period of 2007. Revenues were lifted 21% to 215.7 MEUR (1-6/2007: 178.4 MEUR). At 18.1 MEUR (1-6/2007: 8.8 MEUR), EBIT in the first six months more than doubled over the figure for this period last year. This took the EBIT margin from 4.9% up to 8.4%, mainly due to positive effects from the high level of capacity utilization and the resulting fixed-cost degression. Moreover, a number of high-margin international export orders were fulfilled in the first half of the year. Group order intake continued at a very satisfactory level in the first half of 2008, reaching a new record figure of 256.2 MEUR (1-6/2007: 224.5 ). This includes the major order received at the end of June 2008 from the Saudi Arabian Ministry of the Interior to supply 130 fire fighting vehicles and technical fire safety equipment worth around 30.0 MEUR. The vehicles will be delivered and commissioned in several tranches by the middle of 2010.
At 406.7 MEUR (June 30, 2007: 391.4 MEUR), order books per the end of the first half of the year broke the 400 million Euro barrier for the first time. This gives the ROSENBAUER Group a fairly clear view of the likely course of revenues in the months ahead.
OUTLOOK
Overall, the situation on the world fire-equipment market is expected to remain stable through 2008, although certain regions will be prone to greater fluctuations. On the strength of the first half-year results and on the assumption that the high volume of orders continues to be processed smoothly, Management can confirm its expectations for continued growth throughout 2008. Group revenues and EBIT are set to be some 15% above the level of the previous year, taking Group revenues to around the 500 MEUR mark for the first time.
The half-year financial report 2008 is available on the ROSENBAUER Web site (www.rosenbauer.com) as PDF version.
Text and visual material are available under www.rosenbauer.com/Press.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Rosenbauer International AG
Mag. Gerda Königstorfer
Tel.: 0732/6794-568
gerda.koenigstorfer@rosenbauer.com
Branche: Machine Manufacturing
ISIN: AT0000922554
WKN: 892502
Index: WBI, ATX Prime
Börsen: Börse Berlin / free trade
Börse Stuttgart / free trade
Wiener Börse AG / official dealing
Original-Content von: Rosenbauer International AG, übermittelt durch news aktuell