Global Warming Fuels Growth at Rosenbauer International AG

Rosenbauer International AG is experiencing strong demand growth driven by the increasing frequency of natural disasters linked to global warming. Research from the University of Oxford highlights a significant rise in natural disaster events, climbing from 83 in 1970 to 410 in 2023.

In response, Rosenbauer has developed specialized products for wildfires, including the lightweight GAROS G10 fire protection suit and the FFFT 3500/100 firetruck. These innovations cater to the extended and challenging conditions firefighters face during wildfires.

Since 2022, Rosenbauer has partnered with German startup OroraTech to enhance early wildfire detection through satellite systems, integrating this data via their RDS Connected Command software. This segment showed a notable 35% growth year-over-year in Q1 FY24.

Order intake rose 24% to €362 million in Q1 2024, with a record order backlog of €1.94 billion. This growth is supported by trends such as global warming and fire truck electrification. Profitability is expected to improve in FY24 due to price increases, better supply chain conditions, and efficiency measures.