Report
Delphine Brault ...
  • Quentin Borie

Talgo : Le CA va marquer le pas en 2022, mais la marge poursuit son redressement

>Le T4 2021 a marqué le pas en termes d’activité mais la marge a tenu - Talgo a publié jeudi soir dernier (cf. notre first take de vendredi matin) des résultats dans le haut de fourchette de ses objectifs annuels, et en ligne avec les attentes du consensus, sauf au niveau du CA.Le groupe a ainsi publié un book-to-bill de 0.94x sur 2021, un chiffre d’affaires de 555 M€ (consensus 574 M€) et une marge d’EBITDA ajusté de 11.9% (css à 11.7% et guidance 11-12%). Il es...
Underlying
Talgo SA

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

Quentin Borie

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