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Vossloh AG (VOSG.DE)

VOSG.DE on Xetra

31.70EUR
14 Jun 2019
Change (% chg)

€-0.25 (-0.78%)
Prev Close
€31.95
Open
€32.35
Day's High
€32.35
Day's Low
€31.70
Volume
15,841
Avg. Vol
7,156
52-wk High
€50.40
52-wk Low
€31.00

Latest Key Developments (Source: Significant Developments)

Vossloh Resolves On Performance Program Cornerstones And Posts Q1 Figures
Tuesday, 23 Apr 2019 

April 23 (Reuters) - VOSSLOH AG ::VOSSLOH RESOLVES CORNERSTONES FOR A PERFORMANCE PROGRAM AND PUBLISHES KEY FIGURES FOR THE FIRST QUARTER OF 2019 IN ADVANCE.Q1 SALES 190 MILLION EUR VERSUS 178.3 MILLION EUR YEAR AGO.VOSSLOH RESOLVES CORNERSTONES FOR A PERFORMANCE PROGRAM AND PUBLISHES KEY FIGURES FOR Q1 OF 2019 IN ADVANCE.CONFIRMS COMMUNICATED OUTLOOK FOR OPERATIONAL BUSINESS IN 2019 FISCAL YEAR.NECESSARY DECISIONS WILL BE TAKEN IN 2019.EFFECTS ON EARNINGS FROM PROGRAM OF MEASURES CANNOT YET BE SUFFICIENTLY QUANTIFIED FROM CURRENT PERSPECTIVE.PROGRAM INCLUDES, AMONG OTHER THINGS, A REDUCTION IN NUMBER OF EMPLOYEES FROM END OF 2018 AMOUNTING TO AROUND 5 PERCENT AS WELL AS A SYSTEMATIC REVIEW OF UNPROFITABLE ACTIVITIES.MANAGEMENT CONFIRMS COMMUNICATED OUTLOOK FOR OPERATIONAL BUSINESS IN 2019 FISCAL YEAR (GROUP SALES OF EUR900 MILLION TO EUR1 BILLION, EBIT BETWEEN EUR50 MILLION AND EUR60 MILLION).FOR 2020 FISCAL YEAR, MANAGEMENT PLANS ARE UNCHANGED FOR GROUP SALES BETWEEN EUR950 MILLION AND EUR1.05 BILLION AND EBIT BETWEEN EUR65 MILLION AND EUR80 MILLION.EFFECTS ON EARNINGS FROM PROGRAM OF MEASURES CANNOT YET BE SUFFICIENTLY QUANTIFIED FROM CURRENT PERSPECTIVE AND THEREFORE ARE STILL NOT INCORPORATED INTO 2019.FOR 2020 FISCAL YEAR, MANAGEMENT PLANS ARE UNCHANGED FOR GROUP SALES BETWEEN EUR950 MILLION AND EUR1.05 BILLION AND EBIT BETWEEN EUR65 MILLION AND EUR80 MILLION.Q1 EBIT OF EUR(0.6) MILLION WAS WITHIN EXPECTATIONS AND SLIGHTLY BELOW PREVIOUS YEAR'S LEVEL (EUR1.6 MILLION).  Full Article

Vossloh Signs Long-Term Framework Agreements For Switch Components In Sweden And Italy
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Vossloh AG ::VOSSLOH SIGNS LONG-TERM FRAMEWORK AGREEMENTS FOR SWITCH COMPONENTS IN SWEDEN AND ITALY WITH A TOTAL SALES VOLUME OF UP TO €100 MILLION.SWEDISH FRAMEWORK AGREEMENTS HAVE A TERM OF UP TO EIGHT YEARS WITH A SALES VOLUME OF OVER €75 MILLION.FRAMEWORK AGREEMENT IN ITALY WITH A TERM OF TWO YEARS AND A SALES VOLUME OF €25 MILLION.WILL SUPPLY SWITCH COMPONENTS TO TRAFIKVERKET, THE SWEDISH TRANSPORT ADMINISTRATION.IN ITALY, SWITCH COMPONENTS AND SYSTEMS FOR HIGH-SPEED LINES WILL BE SUPPLIED TO THE STATE-OWNED RAIL COMPANY RETE FERROVIARIA ITALIANA (RFI).  Full Article

Vossloh Sees China Orders Boosting 2020 Sales, EBIT
Thursday, 28 Mar 2019 

March 28 (Reuters) - Vossloh AG ::PROPOSES DIVIDEND OF EUR 1.00 PER SHARE.GROUP SALES CAME TO €865.0 MILLION IN 2018, WHICH WAS 5.8 PERCENT DOWN ON THE PREVIOUS YEAR’S FIGURE OF €918.3 MILLION.2018 EBIT €54.2 MILLION.FOR THE 2019 FISCAL YEAR, MANAGEMENT ASSUMES A RANGE OF €900 MILLION TO €1 BILLION FOR GROUP SALES..FIRST QUARTER OF 2019 IS EXPECTED TO BE SEASONALLY WEAK.SEES SALES OF BETWEEN €950 MILLION AND €1.05 BILLION IN 2020 DRIVEN BY, AMONGST OTHERS, STRONG ORDERS FROM CHINA.ANTICIPATES EBIT IN 2019 TO BE BETWEEN €50 MILLION TO €60 MILLION, AND FORECAST AN INCREASE TO €65 TO €80 MILLION FOR 2020..  Full Article

Vossloh Chairman Resigns
Monday, 4 Mar 2019 

March 4 (Reuters) - Vossloh AG ::CHAIRMAN VOLKER KEFER RESIGNS FROM SUPERVSIORY BOARD.SAYS DEPUTY CHAIRMAN ULRICH M. HARNACKE WILL INITIALLY TAKE OVER TASKS OF CHAIRMAN OF SUPERVISORY BOARD.SAYS KEFER RESIGNED FOR PERSONAL REASONS TODAY, EFFECTIVE IMMEDIATELY..SAYS BOARD AIMS TO PROPOSE A NOMINATION FOR CHAIRMAN TO ANNUAL GENERAL MEETING OF VOSSLOH AG ON MAY 22, 2019..  Full Article

Vossloh: Additional Order From China For Rail Fastening Systems
Monday, 19 Nov 2018 

Nov 19 (Reuters) - VOSSLOH AG ::ADDITIONAL MAJOR ORDER FROM CHINA FOR RAIL FASTENING SYSTEMS.ORDER VOLUME OF €35 MILLION, WITH DELIVERIES STARTING IN 2020 ACCORDING TO CURRENT INFORMATION.SUBSTANTIAL INCREASE IN SALES IN CHINA COMPARED TO CURRENT FISCAL YEAR IS NOT EXPECTED BEFORE 2020.  Full Article

Vossloh Q3 EBIT At EUR 12.5 Mln
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - VOSSLOH AG ::Q3 GROUP SALES OF EUR 205.1 MILLION WERE 11.3 PERCENT BELOW THE CORRESPONDING FIGURE IN THE PREVIOUS YEAR.EBIT AMOUNTED TO EUR 12.5 MILLION IN THIRD QUARTER OF 2018 AFTER EUR 21.0 MILLION IN THE THIRD QUARTER OF 2017.EXPECTS GROUP SALES TO TREND TOWARD THE LOWER END OF THE GUIDANCE OF EUR 875 MILLION TO EUR 950 MILLION.SEES EBIT MARGIN FOR 2018 TO BE AT THE LOWER END OF THE ESTIMATED RANGE BETWEEN 6.0 PERCENT AND 7.0 PERCENT.FOR 2019, HIGHER SALES IN NORTH AMERICA ARE CONTINUED TO BE ASSUMED.  Full Article

Vossloh Buys Tie Manufacturer Austrak
Friday, 3 Aug 2018 

Aug 3 (Reuters) - VOSSLOH AG ::EXPANDS PRODUCT PORTFOLIO IN AUSTRALIAN GROWTH MARKET WITH THE ACQUISITION OF THE TIE MANUFACTURER AUSTRAK.PURCHASE PRICE OF TRANSACTION AS OF CLOSING DATE IS EXPECTED TO AMOUNT TO AUD 50.5 MILLION ( EQUIVALENT OF AROUND EUR32.0 MILLION).PURCHASE PRICE CAN INCREASE TO A MAXIMUM OF AUD 54.5 MILLION ( EQUIVALENT OF AROUND EUR34.6 MILLION).CLOSING IS BEING AIMED FOR IN Q3 OF 2018.  Full Article

Vossloh Q2 EBIT At EUR 21.2 Mln
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - VOSSLOH AG ::Q2 GROUP SALES OF EUR 239.8 MILLION.Q2 EARNINGS BEFORE INTEREST AND TAXES (EBIT) OF EUR 21.2 MILLION.H1 GROUP SALES OF EUR 418.1 MILLION AFTER EUR 452.0 MILLION IN PREVIOUS YEAR.H1 EBIT AMOUNTED TO EUR 22.8 MILLION (PREVIOUS YEAR: EUR 35.6 MILLION).ORDERS RECEIVED CLIMBED SIGNIFICANTLY IN H1 TO EUR 479.7 MILLION (PREVIOUS YEAR: EUR 437.1 MILLION).IS FORECASTING GROUP SALES FOR 2018 AS A WHOLE AT LEVEL OF 2017 FISCAL YEAR.2018 EBIT AND THEREFORE EBIT MARGIN ARE EXPECTED TO FALL SHORT OF PREVIOUS YEAR'S FIGURES.KEY REASON FOR THIS IS VERY STRONG BUSINESS PERFORMANCE IN HIGH-MARGIN FOCUS MARKET CHINA IN 2017 FISCAL YEAR.H1 ORDER BACKLOG TOTALED EUR 543.5 MILLION VERSUS EUR 510.6 MILLION YEAR AGO.VOSSLOH - EXPECTING GROUP SALES OF BETWEEN EUR 875 MILLION AND EUR 950 MILLION AND EBIT MARGIN BETWEEN 6.0 PERCENT AND 7.0 PERCENT IN 2018.FOR 2019, HIGHER SALES ARE BEING ASSUMED PARTICULARLY IN FOCUS MARKETS CHINA AND NORTH AMERICA.  Full Article

Vossloh And Canadian National Railway Sign Multi-Year Supply Agreements
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Vossloh AG ::VOSSLOH AND CANADIAN NATIONAL RAILWAY HAVE SIGNED MULTI-YEAR SUPPLY AGREEMENTS.  Full Article

Vossloh Q1 EBIT Falls At EUR 1.6 Mln
Thursday, 26 Apr 2018 

April 26 (Reuters) - Vossloh AG ::GROUP SALES OF AROUND €178 MILLION IN FIRST THREE MONTHS, EBIT OF €1.6 MILLION.GUIDANCE FOR 2018 CONFIRMED.Q1 ORDERS RECEIVED UP 4.7 PERCENT TO APPROXIMATELY €211 MILLION.Q1 EARNINGS BEFORE INTEREST AND TAXES (EBIT) CAME IN AT €1.6 MILLION (PREVIOUS YEAR: €9.6 MILLION).Q1 NET INCOME 1.4 MILLION EUROS VERSUS 4.7 MILLION EUROS YEAR AGO.  Full Article

UPDATE 1-German stocks - Factors to watch on June 6

BERLIN/FRANKFURT, June 6 The following are some of the factors that may move German stocks on Thursday: