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VTG AG (VT9G.DE)

VT9G.DE on Xetra

44.48EUR
22 Nov 2017
Change (% chg)

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€44.48
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Avg. Vol
40,557
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€50.55
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€27.81

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

VTG AG to propose FY 2015 dividend, gives FY 2016 outlook below analysts' estimates
Tuesday, 23 Feb 2016 

VTG AG:Proposes dividend of 0.50 euros per share for 2015.Sees 2016 revenue of between 1.03 billion euros and 1.07 billion euros.Sees 2016 EBITDA of between 345 million euros and 355 million euros.FY 2016 revenue 1,065 million euros - Thomson Reuters I/B/E/S.FY 2016 EBITDA 361.23 million euros - Thomson Reuters I/B/E/S.  Full Article