Austria's Rosenbauer H1 EBIT nearly triples on higher vehicle deliveries

Rosenbauer International AG

07/08/2026 06:25

Overview
Austria fire equipment maker's H1 revenue rose 3.5% yr/yr to €625.9 mln
EBIT nearly tripled to €20.4 mln, driven by higher vehicle deliveries and margins
Company faced delivery delays from geopolitical tensions and SAP system rollout

Outlook
Rosenbauer expects 2026 revenue to reach up to €1.6 bln
Company sees 2026 EBIT margin rising to over 6%
Company cites risks from geopolitical tensions, volatile markets, and supply chain disruptions

Result Drivers
VEHICLE DELIVERIES - Higher number of vehicle deliveries drove revenue growth, per company statement
PROCESS IMPROVEMENTS - Improved contribution margins for vehicles and ongoing process improvements boosted EBIT, per CEO Robert Ottel
DELIVERY DELAYS - Delivery delays from geopolitical tensions and SAP rollout negatively impacted assets and cash flow, per company statement

Company press release: ID:nPexqYj7da

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 625.90 mln
 
H1 Adjusted Free Cash Flow
 
-EUR 60.50 mln
 
H1 EBIT
 
EUR 20.40 mln
 
H1 EBITDA
 
EUR 38.80 mln
 
H1 Pretax Profit
 
EUR 11.10 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy."
Wall Street's median 12-month price target for Rosenbauer International AG is €67.50, about 1% above its August 6 closing price of €66.80
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
Aug 6 - Austria's Kontron Q2 revenue edges up, order backlog hits record
Aug 5 - Voestalpine says it got most US tariff refunds, confirms full-year outlook
Aug 5 - Austria's Lenzing H1 profit more than doubles on improved margins

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)