Rosenbauer International AG Achieves Strong FY24 Results

Rosenbauer International AG has posted robust final results for the fiscal year 2024. The company saw a 22.7% year-on-year increase in sales, reaching €1,306 million, driven by a rise in vehicle numbers and higher average prices per fire truck. The fourth quarter alone contributed 36% to the annual sales, marking a growth of 27% year-on-year. Supply chains have normalized, facilitating steady operations and boosting order intake by 18%, with a backlog now at €2,280 million.

EBIT for the year jumped 73% to €65 million, while the EBIT margin improved by 1.5 percentage points to 5.0%. These results were achieved despite one-time costs from a banking agreement implementation. The “offer-to-cash” efficiency program helped reduce the trade working capital by 10%, contributing to a significant increase in free cash flow to €47 million from a negative €112 million in FY23.

While production in the US remains largely unaffected by tariffs on imported materials, some challenges may persist for exports to Canada. Nevertheless, with a strong order backlog and efficiency programs in place, Rosenbauer is positioned for continued growth in FY25.