Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Vossloh Q1 Profit Dips; Backs 2012 Sales Outlook - Quick Facts

Germany's Vossloh AG (VOSSF.PK) reported a significant drop in its first-quarter Group earnings to 4.2 million euros from 10.5 million euros last year, with earnings per share falling to 0.35 euros from 0.78 euros a year ago. Group EBIT for the period totaled 10.2 million euros, lower than 18.0 million euros in the comparable period, due to Rail Infrastructure's performance.

Sales decreased to 255.7 million euros from 259.5 million euros in the prior-year quarter.

For 2012, the company projects EBIT to range between 100 million euros and 110 million euros, and group earnings between 55 million euros and 60 million euros. In addition, Vossloh reaffirmed its Group sales forecast of 1.25 billion euros - 1.3 billion euros for fiscal 2012.

Click here to receive FREE breaking news email alerts for Vossloh AG and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Yeast bloodstream infections, which are caused by Candida species, are a type of fungal infection, and if untreated, can result in serious medical complications. People who have a weak immune system, or are hospitalized in intensive care units, or have kidney disease needing dialysis, or have had abdominal surgery are said to be at risk of developing yeast bloodstream infections. After moving mostly higher over the course of the previous week, stocks showed a notable move back to the downside during trading on Monday. With the drop on the day, the Dow pulled back well off last Friday's record closing high. After reporting four consecutive monthly increases, the National Association of Realtors released a report on Monday showing an unexpected drop in U.S. existing home sales in the month of August. NAR said existing home sales fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million in August.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.