Financial Archives - Page 236 of 388 - International Railway Journal

Financial

March 5, 2020 | Financial

Talgo achieves 53% profit increase in 2019

TALGO achieved a 52.8% jump in net profit in 2019 to €40.1m and a 23.8% increase in turnover to €401.7m compared with 2018. Adjusted Ebita was €73m.

March 5, 2020 | Financial

Stadler reports record SFr 5.1bn order intake in 2019

STADLER achieved a SFr 700m ($US 734m) increase in orders in 2019 boosting its order intake by 17% to a record SFr 5.1bn, of which SFr 833.5m was service contracts and components sales.

March 2, 2020 | Financial

December strikes result in €614m loss for SNCF

STRIKES in December 2019 by employees of French National Railways (SNCF) against proposed pension reforms in France caused a €690m drop in revenue and an operating loss of €614m for SNCF in 2019.

March 2, 2020 | Financial

NS records strong profit growth in 2019

NETHERLANDS Railways (NS) achieved a €6.66bn turnover in 2019, the operator’s annual results show, up 12.4% from €5.92 in 2018.

February 28, 2020 | Financial

CAF records 27% revenue increase in 2019

SPANISH manufacturer CAF recorded €2.56bn in revenue in 2019, a 27% increase from the €2bn in revenue recorded in 2018.

February 26, 2020 | Financial

EC orders CFR Marfa to repay illegal state aid

AN investigation by the European Commission (EC) has found that Romanian state-owned freight operator CFR Marfa received €570m in illegal state aid, comprising a debt write-off and failure to collect debts from the railway undertaking, beginning in 2010. The operator must now pay this amount back to the government, with interest.

February 26, 2020 | Financial

BNSF revenues and volumes down in 2019

BNSF’s revenues fell by 1% in 2019 to $US 23.52bn compared with $US 23.86bn in 2018 with the railway reporting a 4% decrease in unit volumes during the year.

February 25, 2020 | Financial

VTG takes majority share in Carbo Rail

HAMBURG-based wagon leasing and logistic company VTG has taken a majority share in Slovakian rail freight operator Carbo Rail.

February 24, 2020 | Financial

IRJ in brief - Financial: Strong sales for TMH - passenger growth for SJ - loss for DSB

RUSSIA: Transmashholding (TMH) recorded Roubles 286bn ($US 4.3bn) in sales in 2019, up 26.8% from Roubles 225.6bn in 2018.

February 18, 2020 | Financial

Alstom agrees terms to acquire Bombardier Transportation

ALSTOM has signed a memorandum of understanding with Bombardier and pension fund Caisse de Dépôt et Placement du Québec (CDPQ) to acquire Bombardier Transportation, ending weeks of speculation about a proposed tie up between the two railway equipment manufacturers.

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