Talgo: 1Q19 results preview: Sales may increase 5% yoy and EBIT +21%
Talgo: 1Q19 results preview: Sales may increase 5% yoy and EBIT +21%
- Talgo will report its 1Q19 results on Tuesday 14th May.
- Moderate growth in sales …
- …but accelerating in the next quarters
- A strong pipeline
- Buy reiterated
Talgo is engaged in designing, manufacturing, repairing and maintaining the railway rolling stock, as well as the manufacturing, assembling, repairing and maintaining the engines, machinery and parts of the railway systems. Co. has an industrial presence in seven countries: Spain, Germany, Kazakhstan, Uzbekistan, Russia, Saudi Arabia and U.S.A. Co. has an active fleet in Europe, Asia and North America that comprises of 94 high-speed trains and more than 1,400 Talgo tilting passenger cars. Also, Co. purchases, redesigns, constructs, leases and sells all types of real estate.
Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.
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