Innovation cycles in the railway industry will accelerate significantly over the next decade. [more]
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In the future, it will be possible to derive suitable services from condition data in real-time. [more]
Vossloh Annual Report 2018
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.