US EditionTalgo Is Left Seven Million Until March Due to Manufacturing Delays and Increased Financial Costs
9 Articles
9 Articles
Talgo recorded losses of €7.1 million in the first three months of 2025, compared to the profit of €10.4 million in the same period of the previous year, due to the lower degree of advance in the planned manufacture of its trains. According to its latest quarterly accounts, the fall is also due to the higher costs of high speed trains in Spain, the increase in financial expenses and a greater depreciation due to investments made in the previous …
Talgo has presented significantly worse results than those recorded in the first quarter of 2024 while still waiting for the outcome of the purchase operation of 29.7% in the hands of Trilantic by Sidenor. An operation that is being delayed more than expected and that seems to be affecting the operation of the company. The manufacturer of rolling stock has lost between January and March 7.1 million euros, compared to the profits of 10.4 million …
Talgo did not have a good day last Monday. The presentation of results from the first quarter of 2025 confirmed the complicated moment of the railway company, with losses greater than 7 million euros, and the confirmation of the delay of the order agreed with the German public railway company, Deutsche Bahn, have put investors and analysts on alert, and have generated doubts on the way both among its investors and among analysts. Nevertheless, t…
The Talgo railway company recorded losses of 7.1 million euros in the first three months of 2025, compared to the profit of 10.4 million in the same period of the previous year, due to the lower degree of advance in the planned manufacture of its trains. According to its last quarterly accounts, the fall is also due to the higher costs of high speed trains in Spain, the increase in financial expenses and a greater depreciation due to investments…
Talgo has avoided including in the last presentation of his quarterly results a forecast for this year, in view of the uncertainties generated by the entry into the capital of the Sidenor group, as well as the conflict that maintains with Renfe due to delays in the delivery of the Avril trains. The railway company "has decided to temporarily withdraw the orientation (on hold) established for the year 2025 due to unforeseen circumstances related …
The railway builder Talgo lost 7.1 million until last March, against a profit of 10.4 million a year earlier, amid delays in the closure of the operation...
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