EANS-News
Rosenbauer International AG / Revenues up slightly at EUR 181.9 million thanks to increases in Europe and USA / Lower capacity utilization negatively impacts EBIT in first quarter of 2017 / Management expects revenues and earnings similar to 2
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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quarterly report
______________________________________________________________________________
|GROUP_KEY_FIGURES__|_________________|_____________1/2016|______________1/2017|
|Revenues___________|___EUR million___|______________172.0|_______________181.9|
|EBIT_______________|___EUR million___|________________3.4|_______________(3.1)|
|Net profit for the | EUR million | |
| |period_____________|_________________|________________2.8|________
_______(2.6)| |Cash flow from | |
| | |operating | EUR million |
| | |activities_________|_________________|_______
______(53.6)|______________(49.7)| |Equity in % of |
| | | |total_assets_______|_____
____________|______________33.7%|_______________35.1%| |Earnings_per_
share_|_______EUR_______|________________0.0|_______________(0.7)|
|Employees as of | | |
| |March_31___________|_________________|______________3,241|________
_______3,360| |Order backlog as of| EUR million |
| | |March_31___________|_________________|_______
_______861.7|_______________790.6|
A similar development to 2016 is expected on the global firefighting
markets in 2017. Above all demand is currently being driven by
countries with continuous procurement or elevated security
requirements following natural or terrorist disasters.
Development of revenues and earnings The Rosenbauer Group generated
revenues of EUR 181.9 million in the first quarter of 2017 (1-3/2016:
EUR 172.0 million). While decreases in deliveries were observed in
some Middle Eastern countries, deliveries were on the rise in North
America and parts of Europe.
The first three months of the current year once again showed that the
first quarter is always significantly weaker in terms of revenues and
income. This is partly because the majority of deliveries are usually
made in the second half of the year. These seasonal fluctuations over
the course of the year are partially leveled out by centrally managed
procurement that is not based on government budgets.
In the first quarter, EBIT was down on the previous year at EUR -3.1
million (1-3/2016: EUR 3.4 million). The difference in comparison to
the first quarter of the previous year was mainly attributable to low
capacity utilization due to the political situation in the Gulf
States and the resulting lower coverage of fixed costs at the plants
in Leonding, combined with the lack of any highly profitable
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