euro adhoc: Rosenbauer International AG
Addional agreement to the value of EUR 21.5 m (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
In October 2001 Rosenbauer won the tender - against fierce international competition - to supply the Saudi Arabian Interior Ministry with 234 vehicles and equipment to a total value of EUR 44.7 m. On the basis of Rosenbauers satisfactory performance to date, in May 2002 the customer increased the value of the contract by an initial 10 percent (EUR 4.5 m).
Yesterday Rosenbauer International AG signed a further agreement for the delivery of 122 fire-fighting vehicles, together with equipment, worth altogether EUR 21.5 m.
The total value of the 379 vehicles plus equipment which are going to equip 9,000 fire fighters in Saudi Arabia is EUR 70.7 m. This makes it the largest contract in Rosenbauers 136-year history. This order provides an excellent basis for Rosenbauer Groups prospects in financial 2003 and 2004.
end of announcement euro adhoc 28.08.2002
Further inquiry note:
Gerda Königstorfer
Branche: Machine Manufacturing
ISIN: AT0000922554
WKN: 092255
Index: ATX Prime, WBI
Börsen: Baden-Württembergische Wertpapierbörse / free trade
Berliner Wertpapierbörse / free trade
Wiener Börse AG / official dealing