Vossloh AG (VOS.DE) revealed a profit for second quarter that Drops, from the same period last year
The company's earnings totaled EUR24.2 million, or EUR1.25 per share. This compares with EUR27.5 million, or EUR1.57 per share, last year.
The company's revenue for the period rose 13.5% to EUR331.5 million from EUR292 million last year.
Vossloh AG earnings at a glance (GAAP) :
-Earnings: EUR24.2 Mln. vs. EUR27.5 Mln. last year.-EPS: EUR1.25 vs. EUR1.57 last year.-Revenue: EUR331.5 Mln vs. EUR292 Mln last year.
Looking ahead, the company has reaffirmed its annual outlook.
The Group continues to expect EBIT of €110 million to €120 million with EBIT margin of 8.5% to 9.5%.
Vossloh AG still expects sales revenue of €1.25 billion to €1.325 billion.
The guidance for sales revenues and EBIT do not yet take into account the acquisition of Sateba, announced on July 30, 2024.
For fiscal 2024, the company had reported EBIT of €105.2 million, with EBIT margin of 8.7%, on sales revenue of €1.21 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.