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21st Austria weekly - Rosenbauer (12/08/2022)

14.08.2022

Rosenbauer: Firefighter supplier Rosenbauer Group generated revenues of Euro 429.7 mn in the first half of 2022 (1–6/2021: Euro 448.1 mn). This meant that business volumes were 4.1% lower than in the previous year despite a stronger second quarter. Persistent supply chain issues and price rises for intermediary products and energy are creating highly uncertain production conditions and shifts in revenues throughout the Group. To better satisfy the most pressing fire service needs in the current circumstances, Rosenbauer will for the first time in its history manufacture a limited number of largely standardized vehicles kept in stock in Europe that will be available to emergency services at very short notice. Furthermore Rosenbauer Group has adjusted its prices for new tenders in May. Lower gross profit and higher structural costs resulted in EBIT of Euro -23.2 mn (1–6/2021: Euro 11.8 mn). At the same time, incoming orders were much higher than in the corresponding period of the previous year at Euro 581.4 mn (1–6/2021: Euro 488.2 mn). In light of the tough general conditions, provided order books remain full, the Executive Board of the Rosenbauer Group anticipates revenues of around Euro 1 billion and positive EBIT in the current year. “The Rosenbauer Group’s operating result improved in the second quarter, in line with revenue development. Excluding the costs for the industry’s leading trade show, Interschutz, where we once again clearly positioned ourselves as a leader in innovation with our line-up of electric vehicles, it would even have been balanced. However, this should not obscure the fact that we need to step up our efficiency efforts,” says Sebastian Wolf, CEO of Rosenbauer International AG.
Rosenbauer: weekly performance: -1.13%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (12/08/2022)


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21st Austria weekly - Rosenbauer (12/08/2022)


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Rosenbauer: Firefighter supplier Rosenbauer Group generated revenues of Euro 429.7 mn in the first half of 2022 (1–6/2021: Euro 448.1 mn). This meant that business volumes were 4.1% lower than in the previous year despite a stronger second quarter. Persistent supply chain issues and price rises for intermediary products and energy are creating highly uncertain production conditions and shifts in revenues throughout the Group. To better satisfy the most pressing fire service needs in the current circumstances, Rosenbauer will for the first time in its history manufacture a limited number of largely standardized vehicles kept in stock in Europe that will be available to emergency services at very short notice. Furthermore Rosenbauer Group has adjusted its prices for new tenders in May. Lower gross profit and higher structural costs resulted in EBIT of Euro -23.2 mn (1–6/2021: Euro 11.8 mn). At the same time, incoming orders were much higher than in the corresponding period of the previous year at Euro 581.4 mn (1–6/2021: Euro 488.2 mn). In light of the tough general conditions, provided order books remain full, the Executive Board of the Rosenbauer Group anticipates revenues of around Euro 1 billion and positive EBIT in the current year. “The Rosenbauer Group’s operating result improved in the second quarter, in line with revenue development. Excluding the costs for the industry’s leading trade show, Interschutz, where we once again clearly positioned ourselves as a leader in innovation with our line-up of electric vehicles, it would even have been balanced. However, this should not obscure the fact that we need to step up our efficiency efforts,” says Sebastian Wolf, CEO of Rosenbauer International AG.
Rosenbauer: weekly performance: -1.13%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (12/08/2022)



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