Vossloh AG revised earnings guidance for the year 2022. The company made a slight adjustment to its original sales revenues and earnings forecast in May 2022. The company expects to achieve sales revenues of between EUR 0.95 billion and EUR 1.05 billion in the current fiscal year.

The expected increase in sales revenues is partly due to higher procurement prices for materials and energy being partially passed on to customers. However, this sales revenues do not generate additional EBIT and, in conjunction with cost increases that are not fully passed on or are passed on with a time lag, the Group's profitability will be impaired.