Rosenbauer’s 2024 financial results show strong growth and high order intake

Rosenbauer Group has reported a substantial increase in revenues for 2024, reaching €1,307.0 million, up from €1,064.5 million in 2023.

According to Rosenbauer, vehicle deliveries rose by 10%, with additional growth in equipment, customer service, and components.

All major sales regions, including Europe, the Americas, and the Middle East & Africa, expanded their business volumes.

The company reported an EBIT of €65.2 million, marking a 74% increase from the previous year’s €37.5 million.

Earnings before taxes (EBT) tripled year-on-year to €24.0 million despite higher financing costs.

Without negative special effects amounting to €4.8 million, primarily related to implementing a bank agreement, EBIT would have been €70.0 million.

Order intake and backlog at record levels

Rosenbauer stated that demand for its firefighting technology remained strong in 2024, with incoming orders reaching a record €1,705.2 million, up from €1,450.3 million in 2023.

The order backlog as of December 31, 2024, stood at €2,279.8 million, significantly exceeding the company’s annual revenue and securing production capacity into 2026.

Growth in orders was particularly strong in Europe, the Middle East & Africa, and the Americas.

Rosenbauer Deutschland secured a long-term framework agreement with the German armed forces for the delivery of up to 60 PANTHER airport firefighting vehicles, with the first 35 PANTHER 8×8 units scheduled for delivery by 2029.

Financial stability and cost management

Despite the 23% revenue increase, Rosenbauer reduced trade working capital by 7%.

The company reported that working capital as a share of revenue improved from 43% (€456.8 million) in 2023 to 32% (€424.4 million) in 2024.

This improvement was attributed to lower inventory levels and higher customer prepayments.

Outlook for 2025

Rosenbauer’s Executive Board projects further growth in 2025, with anticipated sales reaching approximately €1.5 billion.

The company aims for an EBIT margin of over 6% for the year.

Final figures for 2024 will be published on April 11, 2025, in accordance with IFRS reporting standards.

Rosenbauer Group reports record revenues and order backlog for 2024: Summary

Rosenbauer Group reported €1,307.0 million in revenue for 2024, reflecting a 23% increase from 2023.

EBIT reached a record €65.2 million, up 74% from the previous year, and EBT tripled to €24.0 million.

Incoming orders hit a record €1,705.2 million, while the order backlog grew to €2,279.8 million, ensuring capacity utilisation into 2026.

Rosenbauer Deutschland signed a framework agreement with the German armed forces for up to 60 PANTHER airport firefighting vehicles, with 35 units expected for delivery by 2029.

Despite revenue growth, Rosenbauer reduced working capital by 7%, aided by lower inventories and increased customer prepayments.

The company projects €1.5 billion in sales for 2025 with an EBIT margin of over 6%.

Final 2024 financial results will be published on April 11, 2025.