Talgo, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
March 02, 2021 at 09:41 am EST
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Talgo, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 487.100 million compared to EUR 401.695 million a year ago. Operating loss was EUR 3.216 million compared to operating Income of EUR 50.844 million a year ago. Net loss was EUR 17.446 million compared to net income of EUR 38.466 million a year ago. Basic loss per share was EUR 1.4 compared to basic earnings per share of EUR 0.3 a year ago.
Talgo SA is a Spain-based company primary engaged in the design and manufacture of rolling stock. The Company's activities are divided into three business segments: Rolling stock, Auxiliary machines and Others, as well as General. The Rolling stock division is responsible for the train production, as well as for the maintenance of trains that use the Company's technology. The Auxiliary machines and Others segment provides manufacture and technical service of lathes, as well as sale of related spare parts. The General area includes corporate operations. The Company's product range comprises high speed rolling stock, intercity trains and locomotives, among others. It offers products and services worldwide to a number of railway operators, such as Amtrak, Metrovias, Russian Railways, Metro Beijing, Fertagus, Chiltern Railways, Jernhusen AB and Bochum Trams. The Company operates manufacturing plants in Spain and Kazakhstan.
TALGO, S.A. 
