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Vossloh AG (VOSG.DE)

VOSG.DE on Xetra

40.85EUR
9:05pm IST
Change (% chg)

€1.35 (+3.42%)
Prev Close
€39.50
Open
€39.40
Day's High
€40.85
Day's Low
€39.40
Volume
7,826
Avg. Vol
14,033
52-wk High
€42.50
52-wk Low
€23.60

Latest Key Developments (Source: Significant Developments)

Vossloh Wins Major Order In China
Thursday, 30 Jul 2020 

July 30 (Reuters) - VOSSLOH AG ::WINS ANOTHER MAJOR ORDER IN CHINA.ORDER VOLUME EQUIVALENT TO MORE THAN € 30 MILLION WITH DELIVERIES FROM 2022.  Full Article

Vossloh H1 EBIT At EUR 30.1 Mln
Thursday, 30 Jul 2020 

July 30 (Reuters) - VOSSLOH AG ::GENERATED CONSOLIDATED SALES OF € 393.2 MILLION IN THE FIRST HALF OF 2020 (PREVIOUS YEAR: € 437.1 MILLION)..OUTLOOK FOR 2020 CONFIRMED FROM TODAY'S PERSPECTIVE.EARNINGS BEFORE INTEREST AND TAXES (EBIT) IN THE FIRST HALF OF 2020 AMOUNTED TO € 30.1 MILLION.H1 EBIT MARGIN IMPROVED ACCORDINGLY TO 7.6 % (PREVIOUS YEAR ADJUSTED: 4.7 %).  Full Article

Vossloh Q1 EBIT Turns To Profit Of EUR 16.5 Million
Monday, 27 Apr 2020 

April 27 (Reuters) - Vossloh AG ::DGAP-ADHOC: VOSSLOH AKTIENGESELLSCHAFT: VOSSLOH ANNOUNCES PRELIMINARY RESULTS FOR THE FIRST QUARTER OF 2020.Q1 EBIT 16.5 MILLION EUR.Q1 EBIT IMPROVED SIGNIFICANTLY TO EUR 16.5 MILLION AFTER PREVIOUS YEAR'S QUARTER STILL SHOWED NEGATIVE EBIT OF EUR 0.6 MILLION.Q1 SALES SLIGHTLY ABOVE PORTFOLIO-ADJUSTED FIGURE OF EUR 177.5 MILLION IN PREVIOUS YEAR (REPORTED PREVIOUS YEAR'S FIGURE: EUR 190.0 MILLION).  Full Article

German Antitrust Watchdog Approves Sale Of Vossloh Locomotives To China’s CRRC
Monday, 27 Apr 2020 

April 27 (Reuters) - German cartel office::* APPROVES SALE OF VOSSLOH'S VOSG.DE LOCOMOTIVE DIVISION TO CHINA'S CRRC.  Full Article

Vossloh To Suspend 2019 Dividend Payments, Hold Virtual AGM
Thursday, 16 Apr 2020 

April 16 (Reuters) - VOSSLOH AG ::EXECUTIVE BOARD AND SUPERVISORY BOARD RECOMMEND SUSPENDING DIVIDEND PAYMENTS FOR THE 2019 FISCAL YEAR - VIRTUAL ANNUAL GENERAL MEETING SCHEDULED FOR MAY 27, 2020.  Full Article

Vossloh FY Sales Up At EUR 916.4 Mln
Thursday, 19 Mar 2020 

March 19 (Reuters) - VOSSLOH AG ::FY SALES INCREASE OF 5.9% TO EUR 916.4 MILLION.FY ADJUSTED EBIT (€ 55.7 MILLION) ABOVE PREVIOUS YEAR AND HIGHER THAN EXPECTED LAST.PROPOSED DIVIDEND FOR 2019 OF € 1.00 PER SHARE, SUBJECT TO FURTHER DEVELOPMENTS IN COVID-19 PANDEMIC.SALES AND EARNINGS DEVELOPMENT HAS HARDLY AFFECTED BY THE COVID 19 PANDEMIC SO FAR THIS YEAR.BASED ON TODAY'S KNOWLEDGE, VOSSLOH EXPECTS SALES OF BETWEEN € 900 MILLION AND € 1 BILLION FOR THE 2020 FINANCIAL YEAR.NOTICEABLE INCREASE IN PROFITABILITY COMPARED TO ADJUSTED EBIT MARGIN IN 2019 IS FORECAST FOR 2020.OUTLOOK 2020: EBIT MARGIN IS EXPECTED TO BE BETWEEN 7% AND 8%.OUTLOOK 2020: EBITDA MARGIN FROM 12% TO 13% (2019 ADJUSTED: 11.5%).  Full Article

Vossloh: Ruediger Grube To Become Chairman Of Supervisory Board
Monday, 6 Jan 2020 

Jan 6 (Reuters) - VOSSLOH AG ::COURT APPOINTMENT OF NEW SUPERVISORY BOARD MEMBER - PROF. DR. RÜDIGER GRUBE SHALL BE COURT APPOINTED AS NEW SUPERVISORY BOARD MEMBER AND SHALL BECOME CHAIRMAN OF THE SUPERVISORY BOARD.ULRICH M. HARNACKE WHO TOOK OVER CHAIRMANSHIP OF SUPERVISORY BOARD IN 2019 WILL AGAIN CHAIR AUDIT COMMITTEE FOLLOWING APPOINTMENT RUEDIGER GRUBE.  Full Article

Vossloh 9-mth Net Result Swings To Negative EUR 85.4 Mln
Thursday, 24 Oct 2019 

Oct 24 (Reuters) - VOSSLOH AG ::GROUP SALES AFTER NINE MONTHS 2019 UP 6.2 % YEAR-ON-YEAR.9MTH 11.7 % INCREASE IN ORDERS RECEIVED FROM €684.0 MILLION TO €763.9 MILLION.9-MONTH ADJUSTED EBIT MARGIN DECLINED SLIGHTLY TO 4.8 % FOR PROJECT-RELATED REASONS.CONFIRMS THE OUTLOOK FOR THE OPERATIONAL BUSINESS FOR THE 2019 FISCAL YEAR..9M NET LOSS EUR 85.4 MILLION VERSUS NET INCOME EUR 12.6 MILLION YEAR AGO.  Full Article

Vossloh AG Says Confirms Outlook For Operational Business For 2019 Fiscal Year
Tuesday, 22 Oct 2019 

Oct 21 (Reuters) - Vossloh AG ::HAS MADE ADDITIONAL IMPORTANT PROGRESS WITH IMPLEMENTATION OF PERFORMANCE PROGRAM THAT WAS ADOPTED IN APRIL 2019.VOSSLOH - CONTRACT WAS SIGNED WITH STRATEGIC BUYER FOR SALE OF U.S. GROUP CO IN CUSTOMIZED MODULES DIVISION, CLEVELAND TRACK MATERIAL INC, OHIO.TRANSLATED INTO EUROS, PURCHASE PRICE AND NET INFLOW OF FUNDS AMOUNT TO APPROXIMATELY EUR35 MILLION.EXECUTIVE BOARD OF CO ADOPTED ADDITIONAL MEASURES TO STREAMLINE PORTFOLIO IN CUSTOMIZED MODULES DIVISION.THE CORRESPONDING CASH OUTFLOWS AND EMPLOYEE DEPARTURES WILL AFFECT YEARS 2019 AND 2020.EXPENSES FOR STAFF REDUCTIONS IN ORDER OF AROUND EUR30 MILLION ARE CURRENTLY EXPECTED FOR 2019.EXECUTIVE BOARD CONFIRMS OUTLOOK FOR OPERATIONAL BUSINESS FOR 2019 FISCAL YEAR.SEES SIGNIFICANTLY IMPROVED EBIT BETWEEN EUR65 MILLION AND EUR80 MILLION IN 2020 FISCAL YEAR.  Full Article

Vossloh Announces 2019 Outlook
Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - VOSSLOH AG ::WE EXPECT TO SEE A NOTICEABLE INCREASE IN PROFITABILITY IN THE NEXT YEAR COMPARED TO THE ADJUSTED EBIT MARGIN IN 2019.EXPECTS 2019 CONSOLIDATED REVENUE OF € 900 MILLION TO € 1 BILLION AND AN ADJUSTED EBIT OF BETWEEN 50 € MILLION AND € 60 MILLION.CONTINUES TO EXPECT CONSOLIDATED SALES OF BETWEEN € 950 MILLION AND € 1.05 BILLION AND AN EBIT OF BETWEEN € 65 MILLION AND € 80 MILLION FOR 2020.  Full Article

BRIEF-Vossloh FY Sales Up At EUR 916.4 Mln

* FY ADJUSTED EBIT (€ 55.7 MILLION) ABOVE PREVIOUS YEAR AND HIGHER THAN EXPECTED LAST