Durability makes the difference:
Rail tracks must be more efficient to use in the future.
[more]
Innovation cycles in the railway industry will accelerate significantly over the next decade. [more]
No one can control natural disasters, but technology-related business interruptions will become a thing of the past thanks to artificial intelligence. [more]
In the future, it will be possible to derive suitable services from condition data in real-time. [more]
Railway maintenance is becoming very easy and intuitive. [more]
For the residents of the future, passing trains will be quieter than a vacuum cleaner. [more]
Our production processes of the future are close to the customer, deliver quickly and protect the climate. [more]
Project Future. [more]
Vossloh Annual Report 2018
Dear Shareholders,
There are a lot of positives to take from the 2018 fiscal year:
Outstanding feedback from our customers at the InnoTrans
trade fair, the continuation of our growth strategy through the
acquisitions of Austrak and the rail milling business of STRABAG
Rail GmbH, new strategic partnership with CN (Canadian National)
in North America, the first distribution of a dividend since
2014 and a substantial increase in new orders, particularly in
China, mean that we have a lot to look forward to in the future.
From a financial perspective, the 2018 fiscal year was, as expected,
marked primarily by a weaker business development for
project-related reasons in the high-margin focus market of China.
In accordance with expectations, we could not repeat the strong
results of the 2017 fiscal year in both sales and EBIT. In this annual
report, we would like to give an overview of the events of the
past year and provide an insight into Vossloh‘s groundbreaking
developments into future subjects. We also provide a preview of
the key financial figures for the 2019 fiscal year and, for good
reason, also exceptionally for 2020.
