Firefighter Rosenbauer noticeably boosted revenues significantly

Rosenbauer Announces New Leadership and Financial Success

Austrian firefighting equipment manufacturer Rosenbauer has announced significant changes in its leadership and impressive financial results for 2024.

Sebastian Wolf, the current CEO, will be stepping down from his position, with Robert Ottel set to take over as the new CEO. Ottel, who has been appointed as the new chairman of the board of Rosenbauer, will assume his position on April 22, 2025. His term as the chairman will be for a duration of three years.

Ottel's appointment follows a successful year for Rosenbauer, with the company reporting a 23% increase in revenue, reaching 1.306 billion euros in 2024. The operating profit (EBIT) also saw a significant boost, increasing by 73% to 64.9 million euros. The period profit increased from 1.2 to 29.8 million euros year-on-year, and the pre-tax profit (EBT) climbed from 7 to 26.3 million euros.

The company's financial success is also reflected in its equity ratio, which has significantly improved to around 26% following a capital increase completed in February 2025. Rosenbauer's order backlog also strongly increased, reaching 2.28 billion euros at the end of 2024, an increase of 28%.

In addition to the financial improvements, the number of employees at Rosenbauer has also increased. As of December 31, 2023, the company employed 4,483 people, marking a four percent increase.

The entry of the Robau consortium, which includes Red Bull heir Mark Mateschitz, Stefan Pierer, and two companies affiliated with Upper Austrian Raiffeisen Landesbank, was completed on March 5. This move has led to the majority shareholder Robau appointing three supervisory board members.

Furthermore, Rosenbauer has finalized a refinancing of 330 million euros with its main credit institutions on March 12. The company also reported a significant improvement in trade working capital and a decrease in net debt.

The Rosenbauer board expects a turnover of approximately 1.5 billion euros in 2025, with an expected EBIT margin of over 6 percent. With Ottel at the helm, the company is optimistic about its future prospects.