Vossloh AG : All signals remain positive and the valuation is highly attractive
>Full-year guidance raised twice in the first nine months - Vossloh released yesterday morning its Q3 2023 results, which contained no surprises after preliminary results reported on 19 October: orders received of € 257m (-5%), sales growth of 16% to € 325m and EBIT of € 27.6m, with the margin down 80bp at 8.5% because of exceptional items in the Customized Modules division. Attributable net profit came to € 9.2m. FCF totalled € 10.5m in Q3 (€ 48m in 9M), confirming ...Vossloh is a holding company. Through its subsidiaries, Co. in engaged in the rail technology markets. Co.'s core businesses comprise rail infrastructure products and services, rail vehicles, and components for rail vehicles and buses. Co. conducts its operations through two divisions: Rail Infrastructure and Transportation. The Rail Infrastructure division provides products and services related to the infrastructure through three business units: Fastening Systems, Switch Systems, and Rail Services. The Transportation division consists of the operations related to rail vehicles and vehicle systems/components and has two business units: Transportation Systems and Electrical Systems.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.