Vossloh

Vossloh reports for the first nine months of 2026 a revenue increase of almost 20% to €1,086.8 million and an order intake rise of almost 22% to €1,154.5 million. EBITDA increased moderately by just under 6% to €128.5 million, while EBIT fell to €56.6 million due to PPA effects from the Sateba acquisition. Integration costs as well as higher material and logistics costs weigh on 2026; a recovery in profitability is expected for 2027, with a realistic EPS increase to €3.70 and a price-to-earnings ratio of around 13 at prices around €49; a bottoming could make long-term entries attractive again. » Altro su finanzen.net

Vossloh expects a weaker Ebit for 2026 due to postponed projects and one-off costs, and is aiming more for the lower end of the €100–110 million range. CEO Oliver Schuster nevertheless sees the company on track to reach around the middle of the lowered sales target range of €1.51–1.61 billion. In the third quarter, sales rose by more than 15% to about €377 million thanks to the acquisition of Sateba, but Ebit fell by more than one fifth to just over €24 million; the order backlog stood at €1.15 billion at the end of September (+22% year-on-year). Geopolitical tensions are weighing on profitability, so Vossloh plans to expand its offering of digital solutions; management also reports a marked pickup in the year-end quarter. » Altro su finanzen.net

Vossloh shares fell about 4.3 percent on Tuesday to €48.90, the lowest level since early 2025; year-to-date the loss stands at 36 percent. Oddo BHF confirmed its "Neutral" rating but cut the price target from €66 to €57, citing delayed projects, integration costs and price inflation. Vossloh will publish its interim report for the third quarter next week, which the analyst expects to be "very mixed" and said the final quarter of 2026 will need to bring a recovery if Q3 shows no improvement. » Altro su finanzen.net