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VTG AG (VT9G.DE)

VT9G.DE on Xetra

40.40EUR
11:07am GMT
Change (% chg)

€0.35 (+0.87%)
Prev Close
€40.05
Open
€40.05
Day's High
€40.65
Day's Low
€39.55
Volume
16,363
Avg. Vol
34,154
52-wk High
€50.70
52-wk Low
€29.05

Latest Key Developments (Source: Significant Developments)

VTG 9-month net profit down at 44.1 million euros
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - VTG AG ::DGAP-NEWS: VTG AG BOOSTS REVENUE IN FIRST NINE MONTHS OF 2017 - RAILCAR CAPACITY UTILIZATION AT HIGHEST LEVEL SINCE THE END OF 2008.9M REVENUE 750.2 MILLION EUR.9-MONTH ‍REVENUE IMPROVED TO EUR 750.2 MILLION, SLIGHTLY UP ON SAME PERIOD A YEAR AGO (9M 2016: EUR 742.0 MILLION)​.9-MONTH ‍EBITDA OF EUR 250.7 MILLION FELL JUST SHORT OF PREVIOUS YEAR'S FIGURE (9M 2016: EUR 255.9 MILLION)​.9-MONTH ‍NET PROFIT OF EUR 44.1 MILLION (9M 2016: EUR 45.0 MILLION)​.‍NO CHANGE IN EXPECTATION THAT GROUP REVENUE WILL BE SLIGHTLY HIGHER THAN IN PREVIOUS YEAR (2016: EUR 986.9 MILLION)​.‍BELIEVES THAT EBITDA FOR YEAR WILL IN FACT BE AT BOTTOM END OF SPREAD FORECAST IN AUGUST​.  Full Article

VTG lowers 2016 guidance after weak H1
Tuesday, 30 Aug 2016 

VTG : Cuts 2016 sales guidance, says now sees FY sales slightly below year-earlier level of 1.03 billion eur . Says now sees 2016 EBITDA at bottom end of forecast range of 345-355 million eur . H1 sales down 3.7 percent at 493.3 million eur . H1 EBITDA down 1.3 percent at 165.8 million eur .H1 net profit up 48 percent at 26.7 million eur.  Full Article

WL Ross sells 20 pct of VTG AG, completing a EUR358 million divestiture
Friday, 20 May 2016 

Wl Ross & Co. Llc : Terms of transaction were not disclosed . Affiliate CEW Germany GMBH sold about 20 percent of outstanding shares in Vtg Aktiengesellschaft to Kuehne Holding AG .WL Ross & Co. sells 20 percent of VTG AG, completing a EUR358 million divestiture.  Full Article

VTG AG announces new major shareholders
Tuesday, 15 Mar 2016 

VTG AG:Announces two new major shareholders‍​.The Joachim Herz Stiftung in Hamburg has communicated that it will hold ten percent of company’s share capital and will thereby become the third largest shareholder‍​.Hamburg-Based bank M.M.Warburg & CO will hold five percent of VTG in the future.Purchase agreements will close shortly.  Full Article

BRIEF-VTG expects acquisition of Nacco to be completed in the second half of 2018

* DGAP-ADHOC: THE MANAGEMENT BOARD OF VTG EXPECTS THAT THE ACQUISITION OF THE RAILCAR LEASING COMPANY NACCO BY VTG AKTIENGESELLSCHAFT CAN ONLY BE CONSUMMATED SUBJECT TO MATERIAL CONDITIONS UNDER MERGER CONTROL LAWS