euro adhoc: Rosenbauer International AG
Quarterly or Semiannual
Financial Statements
ROSENBAUER GROUP - 1st QUARTER 2004 (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Owing to shipments made in fulfilment of major orders during the first few months of both 2002 and 2003, the Rosenbauer Group achieved atypically positive first-quarter results in each of these years. The first quarter of 2004 has seen a return to the pattern that is more usual in the fire-equipment sector, with the majority of vehicle shipments scheduled to be made during the second half of the year.
~ Key figures 1-3/2004 1-3/2003 Revenue in EUR m 66.0 74.3 EBIT in EUR m 1.3 5.1 EBT in EUR m 0.6 4.2 Profit after tax in EUR m (0.1) 2.5 Net profit for the period in EUR m (0.8) 1.4 Cash-flow from pre-tax profit in EUR m 1.6 6.2 Capital investments in EUR m 1.1 1.3 Order backlog (31.03.) in EUR m 195.3 228.0 Order intake in EUR m 66.8 72.2 Employees 1,327 1,269 Market capitalisation (31.03.) in EUR m 82.5 46.8 ~
Revenue and results trends The Group posted decreased EBT of EUR 0.6 m (1-3/2003: EUR 4.2 m), on Group revenues of EUR 66.0 m (1-3/2003: EUR 74.3 m). Last year's exceptionally high revenues and good first-quarter result are attributable to seasonally untypical shipments from Austria and Spain in connection with major orders. This year, the majority of shipments will once again be made - as is usual in our industry - in the second half of the year. Due to the continuing pressure on volumes and prices, the German companies were once more unable to achieve a satisfactory result in the period under review.
Outlook On the strength of the orders currently on hand, and of the expected international economic and exchange-rate trends, Management's forecast for the current financial year continues to be for Group revenues of around EUR 310 m, and EBT of between EUR 10.5 m and EUR 12.5 m.
end of announcement euro adhoc 27.05.2004
Further inquiry note:
Marlene Schneider
Branche: Machine Manufacturing
ISIN: AT0000922554
WKN: 092255
Index: ATX Prime, WBI
Börsen: Wiener Börse AG / official dealing
Berliner Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade