Rosenbauer International AG: Robust business development - Rosenbauer increases profitability and benefits from ongoing strong demand

Leonding (pta006/07.08.2026/07:15 UTC+2)

• Revenues rise by 3.5% despite operational and geopolitical pressures
• EBIT almost triples to €20.4 million
• Order intake of €717.8 million confirms strong demand
• Long-term financing secured early and financing facility expanded to €339million

The Rosenbauer Group generated revenues of €625.9 million in the first half of 2026 (1–6/2025: €604.7 million) and successfully continued its growth trajectory with an increase of 3.5% year-on-year. The drivers of growth are a higher number of vehicle deliveries and more business in Preventive Fire Protection. In the first half of 2026, consolidated revenues were 48.3% in the Europe area, 31.9% in the Americas area, 9.0% in the Asia-Pacific area, and 8.8% in the Middle East & Africa area. Preventive Fire Protection contributed 2.0% to revenues.

Geopolitical tensions in the Middle East and the associated uncertainties in transportation and delivery routes, especially in connection with the Strait of Hormuz, led to delays in deliveries in certain projects. In addition, SAP S/4HANA was introduced in the main Austrian companies in April 2026. The introduction was an important step toward modernizing the process landscape. However, the transition led to operational delays to individual deliveries. Both factors negatively impacted assets, liabilities, financial position, and profit or loss in the reporting period.

Financial performance

The increased business volume and improved contribution margins for vehicles resulted in a significantly stronger operating result. EBITDA increased to €38.8 million (1–6/2025: €28.2 million), while EBIT nearly tripled to €20.4million (1–6/2025: €7.4 million). EBT improved to €11.1 million (1–6/2025: €-10.5 million).

Orders

Order intake was €717.8 million in the first half of 2026 (1–6/2025: €705.2 million) and thus remained at a high level. In particular, the Area Europe and Middle East & Africa increased its order intake. In the US, discussions about tariffs and retaliatory tariffs adversely affected dealers' ordering behavior.

The order backlog increased to €2,434.4 million as of June 30, 2026 (June 30, 2025: €2,351.5 million). With this order book, the Rosenbauer Group has a solid starting point from which to drive forward further profitable revenue growth.

As of June 30, 2026, Rosenbauer had a global workforce of 5,039 employees, 371 more than in the previous year (June 30, 2025: 4,668).

Financial and net assets position

In the first half of 2026, the financial and net assets position was particularly impacted by delayed deliveries due to geopolitical uncertainties and the introduction of SAP S/4HANA. At €328.5 million, net debt as of June 30, 2026, was at a similar level to the previous year (June 30, 2025: €314.3 million). The delivery delays led to an increase in trade working capital to €586.2 million (1–6/2025: €477.4 million) and impacted operating cash flow, which amounted to €-60.5 million (1–6/2025: €-23.8 million). Rosenbauer continues to expect positive operating cash flow for 2026 as a whole.

In early August, 2026, a financing agreement was concluded with the current banking consortium of Rosenbauer International AG for the early extension and increase of the existing syndicated loan. A financing volume of €339million (December 31, 2025: €330 million) was agreed with a term until August 2029 (December 31, 2025: March 2028) and the option to extend for a further two years (1+1).

"The first half of 2026 shows that Rosenbauer is growing successfully even under challenging conditions. Despite geopolitical uncertainties in the Middle East and additional expenses resulting from the launch of SAP S/4HANA, we were able to boost revenues by 3.5%.

The SAP transformation at the Austrian sites that started in April 2026 is an important step toward modernizing our processes and improving our customer service. However, the transition led to challenges in production planning and delays in deliveries. We regret the resulting delivery delays and are aware of our responsibility for our customers' operational readiness. That's why we have increased our staffing capacity in specific areas and are working at full speed to gradually reduce the backlog and get our customers up and running again quickly.

The SAP launch remains challenging but deliveries are steadily improving. We expect operations to largely return to normal in the coming months. Continued strong demand for our products underscores the robustness of our business and boosts our confidence for the second half of the year," says Robert Ottel, CEO of Rosenbauer International AG.

"The significant increase in our EBIT to €20.4 million and the improvement in the gross profit margin to 20.6% demonstrate the success of our attentive customer service, our strong market presence, and the ongoing improvement of our processes. With an equity ratio of 26.3% and an order intake of €717.8 million, we have a solid financial base and a very good starting point for further business development. The high order backlog ensures planning certainty in the coming quarters. Despite temporarily strained operating cash flow, we consider Rosenbauer to be in a very good financial and operational position," says Jörg Schuschnig, CFO of Rosenbauer International AG.

Outlook

Demand for Rosenbauer's products remains robust worldwide. With an order intake of €717.8 million in the first half of the year and an order backlog of €2.4 billion, the Group has a solid foundation for the second half of the year. At the same time, there are risks from geopolitical tensions, a volatile market environment, and possible disruptions to supply chains. These factors may impact material availability, cost development, and business performance.

Despite these uncertainties, the Group's Executive Board anticipates further revenue and earnings growth in the 2026 financial year. Revenue is expected to reach up to €1.6 billion, with the EBIT margin increasing to over 6%.

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Emitter:	Rosenbauer International AG Paschinger Straße 90 4060 Leonding Austria
Contact Person:	Mag. Thomas Aschauer
Phone:	+43 732 6794 6668
E-Mail:	ir@rosenbauer.com
Website:	www.rosenbauer.com
ISIN(s):	AT0000922554 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade); Free Market in Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate BSX