Touax SCA announced earnings results for the year 2017. For the year, the company reported revenue of €211.9 million as compared to €232.7 million a year ago, a decrease of 8.9%, due to a drop in sales of Shipping Containers, in part offset by higher sales of Freight Railcars. EBITDA was €26.9 million as compared to €23.2 million a year ago. Loss before tax was €8.5 million as compared to €5.6 million a year ago. Consolidated net loss was €18.0 million as compared to €11.6 million a year ago. Net earnings per share were €2.58 as compared to €1.82 a year ago. Operating cash flow was €31.1 million as compared to €30.2 million a year ago. The Group's net bank debt fell to 181.1 million compared to 336.8 million at the end of December 2016.

The company provided earnings results guidance for the year 2018. The company expects, after a growth of 2.5% in European GDP in 2017, the economic climate continues to improve in 2018, creating an increase in rail transport needs, and therefore a demand for freight railcars. With growth in global GDP forecast to be 3.9% in 2018, demand for shipping containers is expected to remain strong and Touax Container is entering a new growth cycle of its fleet under management, allowing to resume its investments in 2018.