Rosenbauer International AG: A Strong Year Ahead

Rosenbauer International AG is poised for a robust fiscal year 2025, following a substantial recovery in 2024. The company reported a 20% year-over-year increase in sales, reaching €841 million in the first nine months of 2024. This growth is attributed to a high demand for firefighting trucks and equipment, with an impressive €1.23 billion in order intake and a record order backlog of €2.20 billion.

The easing of chassis supply chain issues from previous years and a 14.6% increase in the average price per fire truck have further bolstered Rosenbauer's outlook. The company is on track to meet its raised FY24 sales guidance of over €1.20 billion and anticipates high single-digit sales growth for FY25, targeting €1.36 billion. Moreover, Rosenbauer projects an EBIT margin improvement to 5.6% due to pricing strategies and a lucrative Equipment segment.

Significant financial maneuvers are in play, including capital increase and debt refinancing deals worth €330 million, expected to secure all necessary approvals by Q1 2025. This strategic financial positioning supports Rosenbauer's commitment to maintaining a healthy equity ratio and meeting lender covenants.