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Rosenbauer Reports Decline in Revenue and Profit
The Austrian producer of fire-fighting equipment announced its results for 2011. Revenues decreased by 9.0%, net profit fell by 20%. Orders went up substantially.
Rosenbauer Reports Decline in Revenue and Profit / Picture: © Rosenbauer International AG
Group revenues came to € 541.6m in 2011 (2010: € 595.7m), meaning that because of the grave aftermath of the financial and economic crisis – especially in the USA and Western Europe – they were 9% below the previous year's figure. Largely due to delays in the supply of bought-in chassis, and for reasons connected to the start-up phase for the new municipal vehicle AT, it was not…
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