Article Tools

Rosenbauer Reports Drop in Profit

Published: November 18, 2011; 12:53 · (Vindobona)

The Austrian manufacturer of fire fighting vehicles registered record order intake of € 456m in the first nine months of the year. Revenues and EBIT came in lower than expected due to shipment delays.

Rosenbauer Reports Drop in Profit / Picture: © Rosenbauer International AG

Rosenbauer today reported results for the first three quarters of the year. At € 368.5m (1-9/2010: € 421.2m), Group revenues were still lagging some way behind plan – above all due to the timing of product shipments. Initial 'teething troubles' at vendor firms – which were unable to fulfill the required delivery volumes – have led to delayed shipments during series start-up of…

This article includes a total of 376 words.

or Log In