Vossloh AG Reports Earnings Results for the Year 2019; Provides Earnings Guidance for the Year 2020
Vossloh AG reported earnings results for the year 2019. For the year, the company reported sales of 916.4 million against 865.0 million a year ago. LBIT was 37.6 million against EBIT of 54.2 million a year ago. Net loss was 136.8 million against net income of 22.7 million a year ago. Loss per share was 8.32 against income per share of 1.14 a year ago.
Vossloh expects sales of between 900 million and 1 billion in the 2020 fiscal year.