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Summary
| Rank | Name | Nation | Time |
| 1 | Karel Mejta; Jiří Havlis; Jan Jindra; Stanislav Lusk; Miroslav Koranda (Coxswain) | TCH | 7:33.4 |
| 2 | Rico Bianchi; Karl Weidmann; Heinrich Scheller; Émile Ess; Walter Leiser (Coxswain) | SUI | 7:36.5 |
| 3 | Carl Lovsted; Al Ulbrickson; Richard Wahlstrom; Matt Leanderson; Al Rossi (Coxswain) | USA | 7:37.0 |
| 4 | John MacMillan; Graham Fisk; Laurence Guest; Peter de Giles; Paul Massey (Coxswain) | GBR | 7:41.2 |
| 5 | Kurt Grönholm; Paul Stråhlman; Birger Karlsson; Karl-Erik Johansson; Antero Tukiainen (Coxswain) | FIN | 7:43.8 |