Austria's Rosenbauer 9M revenue rises on vehicle deliveries

Overview

• Austria fire equipment maker's 9M revenue rose 2.9% yr/yr to €978.6 mln

• EBIT for 9M rose 27% yr/yr to €42.4 mln, net profit turned positive

• Order backlog reached €2.45 bln, supporting future revenue growth

Outlook

• Rosenbauer expects 2026 revenues of around €1.55 bln

• Company anticipates 2026 EBIT of about €90 mln, exceeding prior yr

• Company says strong order backlog and stable supply chains support outlook

Result Drivers

• VEHICLE DELIVERIES - Co said higher number of vehicle deliveries drove revenue growth

• PREVENTIVE FIRE PROTECTION - Increased business in Preventive Fire Protection contributed to revenue growth

• WORKING CAPITAL BUILD-UP - Operating cash flow turned negative due to increased trade working capital from scheduled deliveries

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 €76.00, about 25% above its November 12 closing price of €60.80

• The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads

• Nov 11 - Austria's FACC 9M EBIT rises on cabin interiors division growth

• Nov 11 - Austria's voestalpine H1 revenue flat; narrows FY26 EBITDA outlook

• Nov 11 - Siemens Energy Q4 revenue beats estimates on gas services growth; expands buyback

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(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.)