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Rosenbauer International AG / 2012 revenues at record level / Dividend proposal: 1.2 EUR (2011: 1.2 EUR) per share / Rosenbauer production in Saudi Arabia / Revenue 2013 target in excess of 700 Mio EUR - Seite 2
loss of profit amounting to 1.5 Mio EUR. The contract was terminated because of
differing interpretations of the tender specification for the aircraft rescue
fire fighting vehicles. Rosenbauer America is seeking legal redress.
Rosenbauer pursues a long-termist, shareholder-friendly dividend policy which
assures a reasonable return on the capital employed while addressing the need to
safeguard the company's growth perspectives. The Executive Board and Supervisory
Board will propose to the General Meeting that the dividend for 2012 should be
left unchanged at 1.2 EUR (2011: 1.2 EUR) per share. Accordingly, the sum for
distribution for 6.8 million non-par-value shares is 8.2 Mio EUR (2011: 8.2 Mio
EUR). In terms of the share's closing price of 46.1 EUR, this corresponds to a
dividend yield of 2.6 % (2011: 3.3 %).
The Rosenbauer Group is expanding its presence in Saudi Arabia by building its
own production and service organization in the cities of Riyadh, Jeddah and
Dammam. Preparations at these three locations are in high gear: In the next two
years, the Jeddah plant, with 7500 m² of space, will mainly be used for fitting
out GTLF pumper trucks with fire & safety equipment. It is also envisaged that
Jeddah will carry out final assembly of fire fighting vehicles from SKD kits
(semi-knocked-down kits comprising a complete chassis and other vehicle
components), for the local market. These vehicle kits will be produced in
Austria, prepared for shipping, and sent to Jeddah for final assembly.
Besides the production facility in Jeddah, the head office of
Rosenbauer Saudi Arabia Ltd. is located in the capital, Riyadh. The
Riyadh facility, with 2,200 m² of space, will act as a service
location with a modern repair workshop. In addition, vehicle
handovers from current contracts will be carried out here. The Riyadh
and Damman facilities will also serve as parallel training centers,
where firefighters are instructed in how to use the new apparatus. To
enhance service readiness, a mobile service unit has been set up,
with five mobile workshops on the road all around the kingdom to
provide fire brigades with ongoing maintenance of their mission
vehicles.
Says Dr. Dieter Siegel, Executive Board Chairman of Rosenbauer
International AG: "Our stepped-up presence is the logical response to
the great demand for top-quality apparatus in Saudi Arabia. Once all
ongoing contracts have been fulfilled, there will be around 3000
Rosenbauer vehicles in service in Saudi Arabia. This is why we are
now laying down a foundation not just for assembling fire-fighting
own production and service organization in the cities of Riyadh, Jeddah and
Dammam. Preparations at these three locations are in high gear: In the next two
years, the Jeddah plant, with 7500 m² of space, will mainly be used for fitting
out GTLF pumper trucks with fire & safety equipment. It is also envisaged that
Jeddah will carry out final assembly of fire fighting vehicles from SKD kits
(semi-knocked-down kits comprising a complete chassis and other vehicle
components), for the local market. These vehicle kits will be produced in
Austria, prepared for shipping, and sent to Jeddah for final assembly.
Besides the production facility in Jeddah, the head office of
Rosenbauer Saudi Arabia Ltd. is located in the capital, Riyadh. The
Riyadh facility, with 2,200 m² of space, will act as a service
location with a modern repair workshop. In addition, vehicle
handovers from current contracts will be carried out here. The Riyadh
and Damman facilities will also serve as parallel training centers,
where firefighters are instructed in how to use the new apparatus. To
enhance service readiness, a mobile service unit has been set up,
with five mobile workshops on the road all around the kingdom to
provide fire brigades with ongoing maintenance of their mission
vehicles.
Says Dr. Dieter Siegel, Executive Board Chairman of Rosenbauer
International AG: "Our stepped-up presence is the logical response to
the great demand for top-quality apparatus in Saudi Arabia. Once all
ongoing contracts have been fulfilled, there will be around 3000
Rosenbauer vehicles in service in Saudi Arabia. This is why we are
now laying down a foundation not just for assembling fire-fighting
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