-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 27.04.2007 |KEY FIGURES | |2006 |2005 |Changes in %| |Revenue |in m EUR|372.0 |321.3 |+ 16% | |EBIT |in m EUR|25.1 |19.6 |+ 28% | |EBT |in m EUR|22.0 |15.9 |+ 38% | |Consolidated profit |in m EUR|18.4 |12.0 |+ 53% | |Cash flow from operating |in m EUR|(1.4) |21.9 |(106%) | |activities | | | | | |Total assets |in m EUR|206.2 |168.8 |+ 22% | |Equity in % of total assets | |30,7% |36,9% |(17%) | |Investments |in m EUR|11.2 |7.9 | + 42% | |Earnings per share |EUR |8.0 |4.1 |+ 95% | |Dividend per share |EUR |2.8* |2.0 |+ 40% | |Employees | |1,452 |1,407 | + 3% | |Order intake |in m EUR|485.9 |377.0 |+ 29% | |Order backlog as at Dec 31 |in m EUR|354.1 |243.1 |+ 46% | * Proposal to the Annual General Meeting Group revenues rose last year to 372.0 m EUR (2005: 321.3 m EUR), the highest figure ever. All the segments contributed to the 50.7 m EUR increase in revenues. Export sales from Austria, stepped-up shipments of aerials from Karlsruhe, increased sales volumes on the Spanish market and continued growth in the Group's US business were all key drivers here. The international export successes of Rosenbauer International AG, the turnaround at Metz Aerials and a massive increase in output were the crucial factors enabling the operating result (EBIT) to be raised by 28% to 25.1 m EUR (2005: 19.6 m EUR). Profit before tax (EBT) rose in line with EBIT to 22.0 m EUR (2005: 15.9 m EUR). The taxation ratio decreased from 24.3% in 2005 to 16.4%. The main reason for this decrease is the utilization of not yet capitalized loss carryforwards resulting from Metz Aerials. This kept the stated taxation expense of 3.6 m EUR below the previous year's figure (2005: 3.9 m EUR). The consolidated profit rose to 18.4 m EUR (2005: 12.0 m EUR). Despite the redemption of the "Subordinated mezzanine capital" before the end of the year, the substantial improvement in the result meant that equity capitalization still finished the year slightly higher, at 63.4 m EUR (2005: 62.2 m EUR, incl. "Subordinated mezzanine capital"). At 30.7 %, the Group's equity ratio remained below the previous year's figure after redemption of the beneficial interest (2005: 36.9 %), owing to the larger balance-sheet total. The net cash flow from operating activities decreased last year to -1.4 m EUR (2005: 21.9 m EUR). This deterioration, despite the substantially better result, is primarily attributable to the inventories purchased before the year-end, with a view to fulfilling the large volume of orders on hand, and to the higher volume of receivables at the year-end as compared to the previous year. Corporate Actions The internationally noted fire apparatus supplier Rosenbauer will be putting a 4 : 1 (four for one) share split to the vote at its 15th General Meeting on May 25, 2007, increasing the number of shares in issue from 1.7 m to 6.8 m. In future, each non-par-value share will embody a 2.0 EUR portion of the nominal share capital. The share split reflects the continued strong performance of the Rosenbauer share. In connection with the approval of the share split, a motion will be presented for the nominal share capital to be increased from 12.4 m EUR to 13.6 m EUR, from the company's own resources, by conversion of the relevant partial amount from the committed capital reserve and without the issuance of new shares. Outlook Continued growth in the company. In view of the high volume of order backlog at the end of 2006, and the upbeat forecasts for the main markets, Management is confident of further revenue and earnings growth this year. This will be conditional upon smooth fulfillment of the high volumes to be supplied - especially towards year-end 2007. Further inquiry note: For further information please contact: Robert Kastil, Member of the Executive Board Gerda Königstorfer, Investor Relations, Spokesperson Phone: +43 732 6794-568 Mobile: +43 664 4547636 Email: ir@rosenbauer.com emitter: 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: Börse Berlin-Bremen, Baden-Württembergische Wertpapierbörse, official dealing: Wiener Börse AG language: English