EANS-Adhoc: Rosenbauer International AG Weaker procurement due to low oil
Price Decline in orders influencing development of revenues and earnings in
2016
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is solely responsible for the content of this announcement.
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annual result
18.07.2016
Demand for firefighting equipment saw a decline in some Asian countries in the
second quarter. Owing to political unrest and the low oil price, there is no
indication that this weak demand can be offset by the end of the year. In
addition, the political situation in the Gulf States is also resulting in delays
in deliveries in the current year.
The resulting weaker development of revenues means that the originally
forecasted improvement in earnings in the 2016 financial year cannot be
achieved, despite positive effects from the measures to increase efficiency and
reduce costs, and earnings are instead expected to be at around the previous
year's level.
Thanks to its long-term internationalization, the Rosenbauer Group is well
positioned to cope with such variations in demand and economic fluctuations. The
successfully launched products, such as the AT municipal vehicle and the new
HEROS-titan helmet, and the continued positive development on the fire equipment
markets in Europe and the US are helping enable Rosenbauer to continue operating
proactively on the market.
The report on the first half of 2016 will be published on August 25, 2016.
Further inquiry note:
Rosenbauer International AG
Mag. Gerda Königstorfer
Tel.: 0732/6794-568
gerda.koenigstorfer@rosenbauer.com
end of announcement euro adhoc
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issuer: Rosenbauer International AG
Paschingerstrasse 90
A-4060 Leonding
phone: +43(0)732 6794 568
FAX: +43(0)732 6794 89
mail: ir@rosenbauer.com
WWW: www.rosenbauer.com
sector: Machine Manufacturing
ISIN: AT0000922554
indexes: WBI, ATX Prime
stockmarkets: free trade: Berlin, Stuttgart, official market: Wien
language: English