"Most difficult year" for Rosenbauer

2023-04-21 22:05:09

Supply chain problems made the previous year “the most difficult year in Rosenbauer’s history,” said CEO Sebastian Wolf yesterday, Friday, when the annual figures were presented.

As reported, the Leondinger group fell victim to a cyber attack at the end of February. Rosenbauer therefore only published the final annual figures two weeks later, and the Annual General Meeting was postponed to June 2nd. It is not yet possible to say what costs the attack caused. Rosenbauer is generally working on a savings program that should bring 31 million euros.

Wolf emphasized the incoming orders of 1.23 billion euros as positive. That is an increase of 16 percent compared to 2021. Because of the loss in the year, the Executive Board and Supervisory Board want to propose to the Annual General Meeting that no dividend be paid for 2022.

The Salzburg crane manufacturer Palfinger has placed a promissory note loan for 150 million euros – with a focus on sustainability. There are five tranches with terms of three, five and seven years. The original paper was significantly oversubscribed, which is why Palfinger increased.