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BRIEF-Rosenbauer International FY EBIT down to 47.0 million euros
February 14, 2017 / 7:08 AM / 8 months ago

BRIEF-Rosenbauer International FY EBIT down to 47.0 million euros

Feb 14 (Reuters) - Rosenbauer International AG:

* Closed 2016 with its revenues unchanged and earnings down only slightly despite substantial market slumps in middle east

* Group’s revenues amounted to 871.0 million euros ($924.91 million) in 2016 financial year (2015: 865.4 million euros) and remained satisfactory in spite of downturn in demand on major markets due to political unrest and low price of oil

* EBIT for 2016 financial year was below previous year’s level at 47.0 million euros (2015: 50.6 million euros)

* Incoming orders of 816.8 million euros in past year (2015: 905.9 million euros)

* Order backlog was down on previous year’s figure at 739.7 million euros as of Dec. 31, 2016 (Dec. 31, 2015: 797.5 million euros)

* Measures introduced in 2016 to adjust costs and enhance efficiency will continue in 2017 in order to safeguard earnings situation Source text for Eikon: Further company coverage: ($1 = 0.9417 euros) (Gdynia Newsroom)

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