- Forecast adjustment for 2017 as a whole
According to provisional, unaudited figures, Rosenbauer International AG is forecasting EBIT of € 2.7 million for the first half of 2017 despite the stable development in revenues. Non-recurring costs for the reorganization of staff structures in Austria, extraordinary expenditure on intangible assets, capacity under-utilization in some production areas, significantly higher start-up costs for the new subsidiaries and exchange rate effects will impact the results for the half-year.
Owing to the above results for the first half of the year, the Executive Board anticipates that the results for the year as a whole will be down significantly on the previous year’s level.
The full financial report on the first half of 2017 will be published on August 11, 2017
