Vossloh AG : Good Q3 2024 figures and guidance confirmed
>Q3 2024: flat orders, revenues down slightly and margin improvement - Vossloh’s results, reported this morning, were broadly in line with expectations (ahead for EBIT but with non-recurrent effects).Order intake came to € 256m (consensus at € 251m), flat on Q3 2023. Revenue came in at € 299m (consensus at € 298m), down 8% vs Q3 2023, as expected, due to weaker business in China (higher only at the end of the quarter, set to continue in Q4).The EBIT mar...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.