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    VOS   DE0007667107

VOSSLOH AG

(VOS)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 08/02 03:59:53 pm
42.975 EUR   +1.24%
07/30VOSSLOH AG : Buy rating from Warburg Research
MD
07/29VOSSLOH AG : Gets a Buy rating from Deutsche Bank
MD
07/28VOSSLOH : Interim report Q2/2021
PU
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

PRESS RELEASE: Vossloh Aktiengesellschaft: Vossloh wins long-term framework contract for the supply of tram turnouts

05/10/2021 | 08:34am EDT
DGAP-News: Vossloh Aktiengesellschaft / Key word(s): Incoming Orders 
Vossloh Aktiengesellschaft: Vossloh wins long-term framework contract for the supply of tram turnouts 
2021-05-10 / 10:30 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Vossloh wins long-term framework contract for the supply of tram turnouts 
  . Vossloh to equip Brussels' tram network with turnouts and spare parts 
  . Framework contract running until 2031 
  . Total contract volume of nearly EUR40 million 
Werdohl, May 10, 2021. Vossloh, a world market leader in turnouts and crossings, has been awarded an important 
framework contract to supply tram turnouts. The subsidiary Vossloh Cogifer KIHN SA will cover all the needs for turnout 
and spares of the Brussels intercommunal transport company STIB (Société des Transports Intercommunaux de Bruxelles) 
over the next ten years. Deliveries are scheduled to start in the first half of 2021. The value of the contract amounts 
to nearly EUR40 million. 
"By winning the framework contract, we successfully continue our long-standing business relationship with STIB. We have 
been equipping the Brussels public transport network with tram turnouts for over 35 years and are honored by the 
renewed trust of our customer for the next decade," explains Jan Furnivall, member of the Executive Board of Vossloh 
AG. "The satisfaction of our customers is always our top priority. With our technologically leading products and 
solutions, we reliably support available and, above all, sustainable mobility." 
Vossloh Cogifer Kihn is part of the Customized Modules division within the Vossloh Group. The company, based in 
Rumelange, Luxembourg, employs around 160 people locally and specialises in the development and manufacturing of 
turnout systems. 
Contact information for the media: 
Gundolf Moritz (Mirnock Consulting) 
Phone: +49 (0) 2392 52-608 
Email: presse@vossloh.com 
Contact information for investors: 
Dr. Daniel Gavranovic 
Phone: +49 (0) 2392 52-609 
Email: investor.relations@vossloh.com 
Vossloh is a globally active technology group dedicated for over 135 years to quality, safety, reliability, innovation 
and customer orientation. Vossloh's comprehensive range of rail track-related products and services make the company a 
leader in the global market in this area. Vossloh provides a uniquely wide range of products and services: rail 
fastening systems, concrete ties, switch systems and crossings as well as innovative and increasingly digital-based 
services for the entire lifecycle of rails and turnouts. Vossloh uses its extensive understanding of rail 
infrastructure to meet the key customer need of track availability. 
Vossloh products are in use in more than 85 countries. With roughly 80 Group companies in around 30 countries and over 
35 production sites, Vossloh is a global company with a local presence. Vossloh is committed to sustainable corporate 
management and climate protection and makes an important contribution to sustainable mobility of passengers and goods 
with its products and services. 
The Group activities are organized into the three divisions of Core Components, Customized Modules and Lifecycle 
Solutions. In the 2020 fiscal year, Vossloh achieved sales of about EUR870 million with approximately 3,500 employees. 
Vossloh AG * Vosslohstrasse 4 * 58791 Werdohl, Germany * Telephone +49 (0) 239 252-0 * Fax +49 (0) 239 252-538 * 
www.vossloh.com 
Company headquarters: Werdohl, Germany * Commercial register: Local court of Iserlohn HRB 5292 
Chairman of the Supervisory Board: Prof. Dr. Rüdiger Grube 
Executive Board: Oliver Schuster (CEO) * Dr. Thomas Triska * Jan Furnivall 
=---------------------------------------------------------------------------------------------------------------------- 
2021-05-10 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Vossloh Aktiengesellschaft 
              Vosslohstr. 4 
              58791 Werdohl 
              Germany 
Phone:        +49 (0)2392 52 - 359 
Fax:          +49 (0)2392 52 - 219 
E-mail:       investor.relations@vossloh.com 
Internet:     www.vossloh.com 
ISIN:         DE0007667107 
WKN:          766710 
Indices:      SDAX 
Listed:       Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1193733 
 
End of News   DGAP News Service 
=------------ 

1193733 2021-05-10

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1193733&application_name=news 
 

(END) Dow Jones Newswires

May 10, 2021 04:31 ET (08:31 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.28% 34838.16 Delayed Quote.14.14%
SDAX 0.11% 16549.92 Delayed Quote.11.96%
VOSSLOH AG 1.18% 42.95 Delayed Quote.2.66%
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Financials
Sales 2021 917 M 1 089 M 1 089 M
Net income 2021 32,6 M 38,7 M 38,7 M
Net Debt 2021 284 M 337 M 337 M
P/E ratio 2021 23,2x
Yield 2021 2,33%
Capitalization 754 M 897 M 896 M
EV / Sales 2021 1,13x
EV / Sales 2022 1,08x
Nbr of Employees 3 576
Free-Float 49,9%
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Mean consensus BUY
Number of Analysts 4
Last Close Price 42,95 €
Average target price 52,50 €
Spread / Average Target 22,2%
EPS Revisions
Managers and Directors
Oliver Schuster Chief Executive Officer
Thomas Triska Chief Financial Officer
RŘdiger Grube Chairman-Supervisory Board
Jan Furnivall Chief Operating Officer
Ulrich M. Harnacke Deputy Chairman-Supervisory Board
Sector and Competitors