Vossloh 9M net income drops 56% year-on-year to €22.9 million
Bitget2026/10/22 05:36- Vossloh’s net income fell 56% year over year to €22.9 million in the first nine months of 2026.
- Sales revenues rose 20% to €1.09 billion, driven by the consolidation of VTT Europe (Sateba).
- Orders received climbed 22% to €1.15 billion, while order backlog increased 28% to €1.09 billion year over year.
- Net financial debt more than tripled year over year to €674.7 million, primarily due to acquisition payments.
- FY26 EBIT is expected near the lower end of the €100 million–€110 million forecast range due to project delays and cost burdens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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