Investor Relations
Performance of shares
Rosenbauer’s share is listed in the Prime Market of the Vienna Stock Exchange and opened the 2022 trading year at a price of € 47.2. After a very good start, the share peaked in January at € 48.6. Russia’s war of aggression on Ukraine and the resulting exceptional geopolitical situation also threw the stock markets into turmoil. The Rosenbauer share was unable to escape these external conditions and suffered a steady decline in price in the months that followed.
The share closed at a price of € 30.1 on December 31, 2022, showing a decline of 36.3 % in the reporting year. This corresponds to a market capitalization of € 204.7 million as of December 31, 2022. The share price performance clearly reflects the sentiment on the capital markets in 2022.
Performance of Rosenbauer shares in 2022 (in €)
Stock market trend
In this difficult trading year, the Vienna Stock Exchange achieved almost the same share turnover as in the strong previous year 2021. In 2022, the leading ATX index closed at 3,126 points (-19 %). By comparison, the DAX ended the year down 12 %. The ATX Prime decreased by -19 % in the course of the year.
The total trading volume on the Vienna Stock Exchange in 2022 was around € 72.0 billion, representing a slight decline of around 2 % yearon- year.
Shareholder structure
Rosenbauer’s shares are listed in the Prime Market of the Vienna Stock Exchange. Of these shares, 51 % are held by Rosenbauer Beteiligungsverwaltung GmbH, a company founded by the family shareholders. Around 6 % of the share capital is held by an institutional investor (Lazard Frères Gestion) in France. The remaining shareholdings in the free float are held by investors in Europe (including Belgium, Germany, the UK, Luxembourg, Austria, Switzerland, Spain) and the USA. Even in 2022, a turbulent year for the stock market, Rosenbauer succeeded in further consolidating its shareholder structure.
Shareholder structure 2022
1 Holding company of Rosenbauer family shareholders
2 The non-voting rights registered shares are attributed to the free float
Dividend
Rosenbauer follows a growth-oriented and sustainable dividend policy that is consistent with the company’s performance. The goal is to distribute a secure dividend based on earnings and free cash flow. We are aiming for a distribution amount of between 30 % and 40 % of net profit on the stake held by the shareholders in the parent company, provided that there are no good reasons to the contrary. Furthermore, shareholders can participate in the company’s exceptionally positive development.
In view of the negative result, the Executive Board and Supervisory Board will propose to the Annual General Meeting that no dividend be paid for 2022. The previous year’s dividend was € 0.90 per share, with a total payout of € 6.1 million on 6.8 million no-par-value shares.
Dividend per share
Analyst ratings of Rosenbauer shares
| Add | 0 |
| Buy | 2 |
| Hold | 2 |
| Sell | 0 |
| Durchschnittliches Kursziel | 42 € |
Financial communication
The open exchange of information with participants on the capital market is an essential part of IR work. Thanks to the downward trend in the COVID-19 pandemic and the associated easing, the company was able to resume personal contact with shareholders.
A particular highlight in the past financial year was the Capital Markets Day held as part of the leading international industry trade show Interschutz in Hanover in June 2022. At this event, the Executive Board presented the long-term Group strategy under the title “Rosenbauer City 2030.” The international capital market representatives took part in the event either on site or in virtual form via livestream. During a booth tour after the presentation, the guests saw for themselves the Rosenbauer Group’s innovative and high-performance product portfolio.
In the reporting year, Rosenbauer took part in numerous virtual international roadshows and capital market conferences and spoke with analysts and investors about current challenges and the Group’s development in regular conference calls.
Sustainability and ESG ratings
Sustainability is a major concern for the Rosenbauer Group, as fire departments are at the forefront of the fight against climate change. As part of its sustainability management, the Group is working to continuously improve its position in existing ESG ratings or to be rated by additional rating agencies. External awards and ratings create transparency for the capital market and not only serve as a basis for investment decisions but also provide confirmation of sustainability within the Group.
In 2022, Rosenbauer improved its rating in the annual assessment process of the Carbon Disclosure Project (CDP), a global non-profit environmental organization, from C to B-. The goal is to achieve an A rating by 2025.
The VÖNIX is the sustainability benchmark of the Austrian stock market and only the best Austrian listed companies are included in the index. An assessment of the companies’ sustainability performance is carried out once a year for this purpose. Rosenbauer has been included in the index since 2005 and has received a B rating for the year 2022/2023.
INVESTOR RELATIONS
Phone: +43 732 6794-568
E-mail: ir@rosenbauer.com
www.rosenbauer.com/group