EANS-Adhoc: Rosenbauer International AG Record levels for revenues, earnings
and incoming orders Revenues rise by 6% to EUR 785.0 million EBIT increases
to EUR 48.1 million
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annual result/Company Information/Preliminary results 2014
19.02.2015
KEY CORPORATE FIGURES 2014 (prel.) 2013 Change %
Revenues in EUR million 785.0 737.9 6%
EBIT in EUR million 48.1 42.3 14%
EBT in EUR million 47.0 41.7 13%
Employees as of December 31 2,941 2,651 11%
Order intake in EUR million 820.4 760.6 8%
Order backlog as of December 31 in EUR million 670.2 590.1 14%
"In 2014 we set new records again - for revenues and earnings. This is a
validation of the decisions that we made and successfully implemented years ago.
One of these was to produce our own American custom chassis, which made a
significant contribution to the company's success in the year under review,"
said Dieter Siegel, CEO of Rosenbauer International AG.
The Rosenbauer Group's revenues reached a top level of EUR 785.0 million in the
2014 financial year (2013: EUR 737.9 million), marking a year-on-year increase
of 6%. The main factors contributing to the rise in revenues were US
manufacturing and the companies in Spain and Singapore, which increased their
delivery levels. The revenues of the recently acquired Rosenbauer UK, based in
Holmfirth near Manchester, of more than EUR 3.5 million were included in the
consolidated financial statements for the first time.
Result of operations
At EUR 48.1 million, EBIT in the 2014 financial year was up 14% on the previous
year (2013: EUR 42.3 million), while the EBIT margin climbed from 5.7% to 6.1%.
A significant share of this improvement was accounted for by the German and the
American segment, the latter of which on account of the further optimization of
chassis production at Rosenbauer Motors.
While consolidated earnings developed positively in 2014, the Austria segment
posted a decline in earnings due to start-up costs in the plant in Leonding and
higher location costs. To counter these effects, measures have already been
initiated to compensate for the steady rise in location costs in Austria
relative to international standards.
"Our line of approach for the current year is to continue growth and enhance
efficiency. We intend to grow sustainably and profitably," stated Dieter Siegel.
Orders
The order trend on international export markets was highly satisfactory for the
Rosenbauer Group in 2014. Incoming orders rose to a further record level of EUR
820.4 million (2013: EUR 760.6 million) and were therefore once again higher
than in the previous year. This is due in part to a follow-up order from Saudi
Arabia for EUR 150 million.
At EUR 670.2 million (December 31, 2013: EUR 590.1 million), the order level
remained at a high level as of the end of the year despite increased deliveries
towards the end of the year as a result of industry factors. This gives the
Rosenbauer Group assured capacity utilization at its production facilities in
2015 and good visibility for revenue development in the months ahead.
The figures shown are based on a projection in accordance with IFRS. The final
figures for 2014 will be published on April 15, 2015.
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