Financial News
Financial News
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VTG AG successfully completes capital increase - Gross proceeds of around EUR 290 million realized
- Issuance of 5,477,372 new shares at a subscription price of EUR 52.90 per share - Major shareholders exercise subscription rights in full - Warwick Holding GmbH also acquires all unsubscribed shares Hamburg, May 14, 2019. VTG Aktiengesellschaft (WKN: VTG999) has successfully completed the capital increase against cash contributions launched at the end of April 2019. To this end, VTG AG issued 5,477,372 new no-par-value ordinary bearer shares with dividend entitlement as of January 1, 2018. VTG shareholders in the Federal... |
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VTG AG resolves capital increase with subscription rights - Targeted gross proceeds: EUR 290 million
- Issue of 5,477,372 new shares - Subscription ratio of 21:4 - Subscription price of EUR 52.90 per share - Subscription period from April 25 until 12:00 (noon) on May 9, 2019 - Unsubscribed shares will be purchased by Warwick Holding GmbH at the subscription price Hamburg, April 24, 2019. Yesterday, with the consent of the Supervisory Board's Capital Increase Committee, the Executive Board of VTG Aktiengesellschaft (WKN: VTG999) resolved a capital increase against cash contributions with subscription rights arising from authorized... |
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Group results in 2018: VTG again boosts revenue - Plans to raise the dividend
DGAP-News: VTG Aktiengesellschaft / Key word(s): Annual Results 04.04.2019 / 09:00 The issuer is solely responsible for the content of this announcement. Group results in 2018: VTG again boosts revenue Plans to raise the dividend - Revenue up 5.7% to EUR 1,072.6 million - EBITDA up 7.9% before one-time effects - Adjusted earnings per share slightly down - Plans to raise dividend to EUR 0.95 - Fleet capacity utilization at a ten-year high and Nacco integration contribute to growth - Delisting and capital increase planned for Q2 2019 Hamburg, April 4, 2019. Positive end to the year: VTG Aktiengesellschaft (WKN: VTG999) was once again able to increase Group revenue in the 2018 financial year. The figures published today show Group revenue of EUR 1,072.6 million,... |
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Revenue up again in 2018 - VTG Executive Board proposes increased dividend
- Group revenue up 5.7% to EUR 1,072.6 million - EBITDA 7.9% higher excluding one-time effects - Plans to raise dividend to EUR 0.95 - One-time effects weigh on earnings - Railcar capacity utilization at a ten-year high - Nacco transaction contributes to positive result - VTG announces that it will be delisted in Q2 2019 Hamburg, February 28, 2019. Positive development continues: VTG Aktiengesellschaft (WKN: VTG999) brought the 2018 financial year to a successful conclusion. Published today, the as yet unaudited figures... |
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VTG Aktiengesellschaft plans Delisting | Major shareholder Warwick Holding GmbH supports planned capital increase in Q2 2019
Hamburg, 24. February 2019 - VTG Aktiengesellschaft intends delisting of VTG shares - Public tender offer by major shareholder Warwick Holding GmbH at statutory minimum price of Euro 53.00 announced - Rights offering to partly refinance the hybrid bonds with support by major shareholder planned for Q2 2019 Today, the executive board of VTG Aktiengesellschaft with the approval of the supervisory board has resolved to submit an application to withdraw the admission of VTG’s shares for trading in the regulated market of the Frankfurt Stock Exchange (delisting). Warwick Holding GmbH, being the major shareholder of VTG with around 71 percent of shares, will make a public tender offer of Euro 53.00 to the shareholders. Warwick Holding GmbH has also assured support for the rights offering in the amount of Euro 290 million... |
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Revenue up again at VTG Aktiengesellschaft - Railcar utilization continues to break records
- Revenue up 3.4 percent to EUR 775.7 million - 4.5 percent improvement in adjusted EBITDA - Adjusted earnings per share 5.7 percent higher than a year ago - Railcar utilization at 93.3 percent Hamburg, November 13, 2018. VTG Aktiengesellschaft (WKN: VTG999), one of the leading railcar leasing and rail logistics companies in Europe, continued the successful development witnessed in recent months in the third quarter of 2018. Group revenue for the first nine months of 2018 thus rose by 3.4 percent to EUR 775.7 million... |
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Nacco takeover successfully closed: More than 11,000 railcars added to VTG's fleet
DGAP-News: VTG Aktiengesellschaft / Key word(s): Takeover/Miscellaneous 05.10.2018 / 08:41 The issuer is solely responsible for the content of this announcement. Nacco takeover successfully closed: More than 11,000 railcars added to VTG's fleet - Further diversification of the VTG portfolio and a stronger presence in Europe - VTG fleet grows from over 83,000 to more than 94,000 railcars - Acquisition expected to contribute EUR 85 million to revenue and EUR 70 million to EBITDA in 2019 - Transaction financed by senior loans and a privately placed hybrid bond - Antitrust conditions met by sale to bidding consortium Hamburg, October 5, 2018. VTG Aktiengesellschaft (WKN: VTG999), one of the leading railcar leasing and rail logistics companies in Europe, is acquiring... |
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VTG Aktiengesellschaft submits Joint Reasoned Opinion on the takeover offer by Morgan Stanley Infrastructure Inc.
- Executive Board and Supervisory Board recommend to shareholders not to accept the offer - Offer price does not reflect the fundamental value of VTG - Offer price does not contain a control premium in line with the market - Offer with substantial discount to comparable transactions Hamburg, 5 September 2018. The Executive Board and the Supervisory Board of VTG Aktiengesellschaft, one of the leading railcar leasing and rail logistics companies in Europe, today published their joint reasoned opinion pursuant to Section 27 of... |
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VTG continues positive development - All relevant Group indicators improved in the first half of 2018
- Revenue up by 3 percent - Strong increase in EBITDA - Earnings per share up year on year - Further increase in Railcar capacity utilization - Positive development at Tank Container Logistics - Morgan Stanley Infrastructure announces takeover bid Hamburg, August 14, 2018. VTG Aktiengesellschaft (WKN: VTG999), one of the leading railcar leasing and rail logistics companies in Europe, carried its very bright start to the year over into the second quarter of 2018 and can now look back on a successful... |
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VTG Aktiengesellschaft reaches a significant milestone in the Nacco acquisition- Consortium of bidders signs purchase agreements for the remedy package
- Railcar lessor Wascosa AG and investor Aves One AG sign agreements regarding the purchase of certain parts of the Nacco Group - Competition authorities confirm eligibility of the consortium of bidders for antitrust purposes - Significant milestone reached on the antitrust issue - Closing of the transaction expected in the second half of 2018 Hamburg, 13 August, 2018. VTG Aktiengesellschaft (WKN: VTG999), one of the leading railcar leasing and rail logistics companies in Europe, has reached a significant milestone in its takeover... |
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Announced takeover offer by an investment company advised by Morgan Stanley Infrastructure Inc.
HAMBURG, 16 JULY 2018. Warwick Holding GmbH, an indirect subsidiary of funds advised by Morgan Stanley Infrastructure Inc. ("the Bidder"), which holds approx. 29% of the shares in VTG Aktiengesellschaft ("the Company"), today announced its decision to make a voluntary public takeover offer to all shareholders of VTG Aktiengesellschaft at an offer price of EUR 53 per share. According to the Bidder, Kühne Holding AG, which holds approx. 20% of the shares in VTG Aktiengesellschaft, irrevocably committed to tender the shares it currently holds... |
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VTG AG makes a very bright start to the 2018 financial year - Positive developments in all three divisions
- Revenue up by around 5% - EBITDA jumps 16% - Group net profit over 31% higher year on year - Earnings per share (EPS) up 42% to EUR 0.47 - Logistics divisions maintain positive trend - Railcar capacity utilization remains above 92% Hamburg, May 17, 2018. VTG Aktiengesellschaft (WKN: VTG999), one of the leading railcar leasing and rail logistics companies in Europe, has made a very bright start to the 2018 financial year. At EUR 255.1 million, first-quarter Group revenue was 4.6 percent up on the same... |
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Austrian Antitrust Court approves takeover of Nacco by VTG subject to conditions
Hamburg, April 3, 2018. The Austrian Antitrust Court today approved the acquisition of the Nacco Group by VTG, subject to the fulfillment of conditions. After the German Federal Cartel Office announced its approval last week, the transaction has now been approved by all relevant parties. On July 1, 2017, VTG Aktiengesellschaft ("VTG AG") announced plans to acquire all shares in CIT Rail Holdings (Europe) SAS. CIT Rail Holdings (Europe) SAS owns the Nacco Group, a railcar leasing company with pan-European activities and a fleet of around... |
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VTG AG revenue for 2017 over one billion euros - Dividend set to increase by 20 %
- Group revenue rose by 2.8 % to EUR 1,014.4 million - EBITDA up 2.4 % year on year (excluding one-time effects) - Earnings before interest and taxes (EBIT) grew by 3.6 % - Earnings per share (EPS) increased by 23.7 % - Further gains in revenue and earnings anticipated in 2018 - Nacco closing expected in second half of 2018 - Plans to increase dividend by 20 % to EUR 0.90 per share Hamburg, March 27, 2018. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading railcar leasing and rail logistics companies, brought the... |
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VTG's takeover of Nacco conditionally approved by the Federal Cartel Office
DGAP-News: VTG Aktiengesellschaft / Key word(s): Miscellaneous 21.03.2018 / 14:25 The issuer is solely responsible for the content of this announcement. VTG's takeover of Nacco conditionally approved by the Federal Cartel Office Hamburg, March 21, 2018. Germany's Federal Cartel Office today approved VTG's acquisition of the Nacco Group subject to compliance with certain conditions. A corresponding decision of the Austrian antitrust court is expected before the Easter holidays. On July 1, 2017, VTG Aktiengesellschaft ("VTG AG") announced plans to acquire all shares in CIT Rail Holdings (Europe) SAS. CIT Rail Holdings (Europe) SAS owns the Nacco Group, a railcar leasing company with pan-European activities and a fleet of around 14,000 freight cars. The... |
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VTG boosts revenue in 2017 - Dividend to increase by 20 %
- Group revenue up 2.8% - EBITDA up 2.4% year on year (excluding one-time effects) - Railcar capacity utilization at highest level since the end of 2008 - Further gains in revenue and EBITDA expected in 2018 - Closure of Nacco transaction targeted in second half of 2018 - Plans to increase dividend by 20 % to EUR 0.90 per share Hamburg, February, 22 2018. VTG Aktiengesellschaft (WKN: VTG999), one of the leading railcar leasing and rail logistics companies in Europe, brought the 2017 financial year to a successful... |
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VTG AG boosts revenue in first nine months of 2017 - Railcar capacity utilization at highest level since the end of 2008
DGAP-News: VTG Aktiengesellschaft / Key word(s): Quarterly / Interim Statement 16.11.2017 / 07:30 The issuer is solely responsible for the content of this announcement. VTG AG boosts revenue in first nine months of 2017 - Railcar capacity utilization at highest level since the end of 2008 - Further increase in revenue - Railcar capacity utilization at highest level since the end of 2008 - Revenue and EBITDA up again at Rail Logistics - One-time charges prompt slight decline in Group EBITDA and Group net profit Hamburg, November 16, 2017. VTG Aktiengesellschaft (WKN: VTG999), one of the leading railcar leasing and rail logistics companies in Europe, increased its revenue in the first nine months of 2017. Group revenue improved to EUR 750.2 million, slightly up on the same period a year ago (9M 2016: EUR 742.0... |
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VTG Aktiengesellschaft reports uptrend in second quarter of 2017
DGAP-News: VTG Aktiengesellschaft / Key word(s): Half Year Results 29.08.2017 / 07:31 The issuer is solely responsible for the content of this announcement. VTG reports uptrend in second quarter of 2017 - Revenue and Group net profit up sequentially - Railcar capacity utilization improved - Revenue increase at Rail Logistics - Earnings per share up year on year - Continuing investment to enlarge fleet - Revenue forecast confirmed - EBITDA forecast for 2017 adjusted Hamburg, August 29, 2017. VTG Aktiengesellschaft (WKN: VTG999), one of the leading railcar leasing and rail logistics companies in Europe, saw an uptrend in the second quarter of 2017. Compared to the first quarter of the current financial year, Group revenue increased by 4.6 percent to EUR... |
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VTG Aktiengesellschaft expands its market position with the definitive agreement to acquire the NACCO Group - the fleet is growing by 14,000 freight cars
- VTG AG reaches a definitive agreement to acquire CIT Rail Holdings (Europe) SAS owner of the NACCO Group - Fleet is growing from over 80,000 to more than 94,000 railcars worldwide - Revenue growth of EURO 120 million and EBITDA growth of EURO 100 million expected from 2018 on - Financing by a senior loan and a privately placed hybrid bond - Further diversification of the VTG portfolio by NACCO fleet - Increased presence in Europe through expanded network - Closure of the transaction to be expected in the fourth quarter... |
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VTG AG reports a stable first quarter of 2017 - Logistics divisions on course for growth
Press Release VTG AG reports a stable first quarter of 2017 Logistics divisions on course for growth - Revenue on a par with 2016 - Group net profit up again - Slight decline in EBITDA - Earnings per share 10 percent higher - Logistics divisions sustain positive trend Hamburg, May 4, 2017. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, continued to experience stable business development in the first quarter of 2017. Group revenue of EUR 243.8 million was on a par with the previous year (Q1 2016: EUR 243.8 million). Although EBITDA was slightly down year on year at EUR 76.6 million (Q1 2016: EUR 81.6 million), Group net profit improved further to EUR 12.7 million (Q1 2016: EUR 11.8 million). Earnings per share (EPS)... |
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VTG reports sharp increase in profitability in 2016 - and remains on course for success with its VTG 4.0 agenda
Press Release VTG reports sharp increase in profitability in 2016 - and remains on course for success with its VTG 4.0 agenda - Group net profit almost doubled in 2016 - Improved operating result (EBITDA) despite slight drop in revenue - Earnings before interest and taxes (EBIT) up again - Earnings per share (EPS) more than doubled - Revenue and profit expected to increase in 2017 - Plans to raise dividend from EUR 0.50 to EUR 0.75 per share Hamburg, April 6, 2017. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, became significantly more profitable in the financial year 2016: Its Group net profit nearly doubled to EUR 57.5 million (previous year: EUR 29.4 million). The company today presented its audited figures for 2016 in Hamburg. Although... |
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VTG improves profitability in the financial year 2016 and proposes significant dividend increase
- Operating result (EBITDA) hits new record despite slight drop in revenue - Tangible synergies from AAE acquisition drive higher profitability - Revenue and profit expected to increase in 2017 - Medium-term growth and profitability targets updated - Plans to raise dividend from EUR 0.50 to EUR 0.75 per share Hamburg, March 7, 2017. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, became significantly more profitable in the financial year 2016. Based on the preliminary (unaudited) figures released today, operating profit (EBITDA) rose by 2.6 percent to EUR 345.3 million (previous year: EUR 336.5 million),... |
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Dr. Jost A. Massenberg becomes the new Chairman of the Supervisory Board of VTG Aktiengesellschaft
Hamburg, December 19, 2016. The Supervisory Board of VTG Aktiengesellschaft (WKN: VTG999), a leading wagon hire and rail logistics company in Europe, has elected a new Chairman. Dr. Jost A. Massenberg assumes the position of Dr. Wilhelm Scheider, who will resign his duties after more than ten years of successful leadership as of December 31, 2016. Since the beginning of 2006, Scheider has been Chairman of the Supervisory Board of VTG Aktiengesellschaft. Dr. Jost A. Massenberg, since 2013 CEO of Benteler Distribution International GmbH, has been a member of the Supervisory Board of VTG Aktiengesellschaft since 2006. Dr. Scheider was elected unanimously as Honorary Chairman of... |
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VTG increases profitability again in Q3 2016 - Revenue down slightly year on year
Press Release VTG increases profitability again in Q3 2016 - Revenue down slightly year on year - Group net profit up nearly 68 percent despite slight drop in revenue - Sharp reduction in interest expenses combines with synergies from AAE acquisition to further increase profitability - EBITDA slightly higher than a year ago - Earnings per share hit highest nine-month figure since 2007 Hamburg, November 17, 2016. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, has further increased its profitability in the third quarter of 2016. Although Group revenue of EUR 742.0 million was slightly down year on year (first nine months of 2015: EUR 764.1 million), EBITDA remained virtually unchanged at EUR 255.9 million (first... |
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VTG AG to digitalize its entire European wagon fleet
Market leader unveils digitalization strategy and announces new digital services Hamburg, November 10, 2016. VTG Aktiengesellschaft (VTG AG), the leading wagon hire and rail logistics company in Europe, has unveiled a comprehensive digitalization strategy as the cornerstone of digital services in the industry. Over the next three to four years, the company will equip its whole European wagon fleet with a telematics system. Digitalizing every single freight car will lay the foundation for its new VTG Connect service, one aspect of which will involve supplying the operator with location and event data from all wagons. This will facilitate faster, smoother and more efficient maintenance... |
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VTG increases profitability in the first half of 2016 - Revenue slightly below the previous year
- Group net profit up by nearly 50 percent despite small drop in revenue - Substantial reduction in interest expenses combines with synergies from AAE acquisition to drive higher profitability - Earnings per share significantly higher than in the previous year - EBITDA forecast reaffirmed - Revenue expectations for 2016 slightly reduced Hamburg, August 30, 2016. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, raised its profitability significantly in the first half of 2016. Although Group revenue of EUR 493.3 million (first half of 2015: EUR 512.3 million) and EBITDA of EUR 165.8 million (first half of 2015: EUR... |
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VTG gets off to a solid start in 2016
VTG gets off to a solid start in 2016 - Slight decrease in revenue and EBITDA - Group net profit more than doubles - Earnings per share triple - Corporate strategy 4.0 showing positive effects - Fleet expansion to more than 82,000 wagons - 2016 forecast confirmed Hamburg, May 12, 2016. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, demonstrated sound business development in the first quarter of 2016. With Group revenue at EUR 243.8 million (previous year: EUR 251.7 million), and EBITDA at EUR 81.6 million (previous year: EUR 83.6 million), figures fell just short of the previous year. The Group net profit more than doubled and reached EUR 11.8 million (previous... |
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VTG breaks the billion Euro barrier for the first time
- Company revenue rises to EUR 1.03 billion - EBITDA improves by 76.2 percent to EUR 336.5 million - Railcar Division finds new strength in the market after the integration of AAE - Logistics entities demonstrate an upward trend - Dividend increase of 11 percent proposed - Milestones for the future set Hamburg, 5 April 2016. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, ended the 2015 business year with very successful developments in terms of revenue and EBITDA. Furthermore, the company was also able to lay important foundations for future successes. Today, the Hamburg concern presented its audited figures for 2015,... |
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New major shareholders for VTG Aktiengesellschaft
Hamburg, March 15, 2016. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, has gained two new major shareholders. The Joachim Herz Stiftung in Hamburg has communicated that it will hold ten percent of the company's share capital and will thereby become the third largest shareholder. In addition, the Hamburg-based bank M.M.Warburg & CO will hold five percent of VTG in the future. Both shareholders have entered into purchase agreements with funds managed by Wilbur Ross who, after more than ten years, has sold a part of the existing shareholdings to the new owners. The funds recently held 35 percent of the company. The purchase... |
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VTG sets a milestone with its result and strategy
- Revenue increases by 25.6 percent, EBITDA by 76.2 percent - Railcar Division on course for success - Logistics divisions significantly strengthened - Refinancing successfully completed - Dividend increase to EUR 0.50 proposed - Growth and profitability objectives specified Hamburg, February 23, 2016. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, considerably increased its result in 2015. Based on preliminary, unaudited figures released today, revenue rose by 25.6 percent to EUR 1,027.5 billion and operating profit (EBITDA) rose by 76.2 percent to EUR 336.5 million. In addition to the successful development of all... |
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VTG concludes refinancing with considerably improved terms
VTG concludes refinancing with considerably improved terms - EUR 1.2 billion refinancing volume - Terms between 5 and 7 years - Group interest rate decreases significantly - Improved conditions lead to annual savings of EUR 10 million Hamburg, January 12, 2016. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, has refinanced a large proportion of its existing bank loans. In this process, the company has concluded new financial agreements for approximately EUR 1.2 billion with an international banking consortium led by KfW IPEX-Bank and UniCredit. This equates to about two thirds of VTG's total financial liabilities. Due to the current low level of interest rates and improved creditworthiness,... |
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VTG continues its upward trend
- Revenue increases by 25.1 percent to EUR 764.1 million - EBITDA rises by 82.5 percent to EUR 255.5 million - Railcar Division maintains positive earnings development - Continuous upward trend in the logistics divisions - 2015 forecast reaffirmed Hamburg, November 19, 2015. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, continued to follow its upward trend in the third quarter of 2015. Group revenue increased by 25.1 percent to EUR 764.1 million in comparison to the previous year (EUR 610.6 million). Operating profit (EBITDA) rose by 82.5 percent to EUR 255.5 million (previous year: EUR 140.0 million). The 2015 forecast... |
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VTG announces medium-term objectives for growth and profitability
- Period of development from 2010 to 2015 successfully concluded - Executive and Supervisory Board establish measures to improve competitiveness - Transformation of Railcar Division in course of AAE integration - Strengthening of logistics divisions - Decreasing financing costs and leaner administrational structures also deliver increase in profitability - Earnings per share set to almost triple to EUR2.50 by 2018 Hamburg (Germany), 22nd September 2015. The Executive and Supervisory Board of VTG Aktiengesellschaft (WKN: VTG999), of which new major shareholder Andreas Goer has been a member since May 2015, established - during a strategy meeting held last week - new medium-term... |
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VTG is expanding in every division
- Significant increase in revenue and EBITDA - AAE acquisition ensures positive trend in earnings - Turnaround in Rail Logistics proceeding - Strong development in Tank Container Logistics - 2015 forecast reaffirmed Hamburg, August 27, 2015. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, experienced growth in all three divisions in the first half of 2015. Group revenue rose by 26.6 percent, from EUR 404.7 million to EUR 512.3 million. The EBITDA also climbed significantly from EUR 90.2 million to EUR 168.0 million, representing an increase of 86.2 percent. The acquisition of AAE at the beginning of the year is... |
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VTG off to a good start in all divisions
- Revenue and EBITDA increase significantly - AAE consolidated for the first time - Upward trend in the logistics divisions - 2015 forecast reaffirmed Hamburg, May 21, 2015. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, got off to a good start in 2015 in all of its divisions. Accordingly, Group revenue increased by 26.1 percent for the first quarter of 2015, from EUR 199.6 million to EUR 251.7 million. The EBITDA also recorded a considerable increase of 90 percent, rising from EUR 44.0 million to EUR 83.6 million. These increases are largely attributable to the first-time inclusion of AAE, which was acquired at the... |
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VTG ends the 2014 fiscal year with a very good result and reinforces its position by acquiring AAE
- Group revenue increases by 4.4 percent, EBITDA by 4.0 percent - Railcar Division utilization rate continually increasing - Logistics units paint a heterogeneous picture - 7 percent dividend increase proposed - VTG acquires AAE: 2015 revenues should hit the billion mark Hamburg, April 14, 2015. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, successfully enhanced its business, continued its course of growth and implemented key strategic measures in 2014. The Group presented its audited figures for 2014 at its financial statements press conference in Hamburg today. According to these results, Group revenue increased by... |
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VTG participates in acquisition of Slovak State Railway Freight Operator (ZSSK CARGO) wagons
- Joint venture with the Slovak State Rail Freight Operator (ZSSK CARGO) and a group of investors - The Slovak State Railway sells approx. 12,000 standard freight wagons to the joint venture - Acquisition of the fleet planned via independent financing - The transaction facilitates ZSSK CARGO capital procurement - The VTG Group's knowledge and market position is decisive for winning this tender Hamburg, March 9, 2015. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, the ZSSK CARGO and another investor are participating in the launch of Cargo Wagon a.s., a company founded in order to acquire the Slovak State Rail Freight... |
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VTG significantly expands its 2014 business
- Revenue increases by 4.4 percent, EBITDA by 4.0 percent - Railcar Division remains strong, logistics divisions paint a diverse picture - Foundations laid for full-service for rail transport - 2015 focus: Integration of the AAE acquisition - EUR 0.45 proposed dividend Hamburg, March 4, 2015. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, has built upon the growth it experienced in 2014 and has, again, increased revenue and results. The unaudited figures released today confirm turnover growth of 4.4 percent (EUR 818.3 million). Operating profit (EBITDA) rose by a total of 4.0 percent, to EUR 191.0 million. The acquisition... |
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VTG concludes financing of AAE acquisition with successful hybrid bond placement
- Transaction to replace vendor loan note - Volume: EUR 250 million at an interest rate of five percent - VTG chooses new financial instrument Hamburg, January 27, 2015. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, has placed a hybrid bond on the capital market for the first time. The bond's volume add up to EUR 250 million. The bond forms part of a comprehensive financing concept with a total volume of EUR 370 million to finance the acquisition of the wagon hire company AAE - Ahaus Alstätter Eisenbahn Holding AG. "This is the first time in the history of VTG that we have selected the hybrid bond as a financial instrument",... |
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Acquisition completed: VTG Aktiengesellschaft takes over AAE - Ahaus Alstätter Eisenbahn Holding AG
- All anti-trust approvals obtained - Merger registered today - VTG fleet increases from over 50,000 to more than 80,000 wagons - Stronger position as the largest private wagon hire company in Europe - Broader shareholder structure following capital increase - Additional Board Member for financial issues Hamburg, January 6, 2015. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and logistics companies in Europe, has successfully acquired the wagon hire company Ahaus Alstätter Eisenbahn Holding AG (AAE). Following the approval of all anti-trust authorities concerned - Germany, Austria, Poland and Russia - the merger has been finalized and came into full... |
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VTG continues to grow: utilization and results increase
- Revenues increase by 1.9 percent to EUR 610.6 million - EBITDA rises by 3.6 percent to EUR 140.0 million - Fleet expansion and utilization increases in the Railcar Division - Upward development in the logistics sectors - 2014 forecast reaffirmed - Contract for takeover of wagon hire company AAE signed Hamburg, November 13, 2014. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, continued its course for growth in the third quarter of 2014. Compared with the same period of the previous year, Group revenues increased by 1.9 percent to EUR 610.6 million (previous year: EUR 599.1 million). Operating profit (EBITDA)... |
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Full-service for rail transport: VTG Aktiengesellschaft acquires railcar provider AAE, Ahaus Alstätter Eisenbahn Holding AG
- Wagon fleet increases from over 50,000 wagons to around 80,000 - Full-service railcar provider of all essential wagon segments created - New strategic foothold: combined transport - Additional principal shareholder brings stability and industry knowledge - Financing via three pillars - Significant increase in revenues, EBITDA grows by more than 75 percent Hamburg, September 29, 2014. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and logistics companies in Europe acquires the wagon hire company AAE, Ahaus Alstätter Eisenbahn Holding AG. This merger enables VTG to strengthen its position as the largest private wagon hire company in Europe, with a fleet... |
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VTG shows stable development
- Group revenue equal to previous year, EBITDA increased slightly - Disproportionate earnings growth in Railcar Division - Liquid natural gas (LNG) innovation project: prototypes under construction - Mixed picture in logistics sectors - Group forecast reaffirmed Hamburg, August 21, 2014. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, continued to steadily develop its business in the first half of 2014 despite global economic and political challenges. The many new build wagons in the core Railcar Division, particularly contributed to this trend. Overall, Group revenue was on a par with the previous year and reached... |
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VTG starts with growth in its core business
- Revenue and EBITDA on previous year level - Positive start to the year for Railcar Division - Upward trend in Tank Container Logistics - Rail Logistics Division faces difficult conditions - EBITDA outlook for 2014 remains unchanged, revenue expectations slightly adjusted Hamburg, May 15, 2014. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and logistics companies, showed a mixed picture in its business divisions in the first quarter of 2014. While revenue and operative profit (EBITDA) of the Railcar Division continue to contribute to the positive development of the company, Rail Logistics has however been troubled by the Crimean crisis and the mild winter. ... |
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VTG: successful financial year for 2013
- Group revenue increases by 2.2 percent, EBITDA by 5.7 percent - Railcar Division ensures growth in revenue and earnings - Rail Logistics concludes joint venture with Kuehne + Nagel - New Executive Board member for Logistics and Safety from June 2014 - Proposed dividend increase of 14 percent - Positive outlook for 2014 Hamburg, March 25, 2014. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and logistics companies, presented its figures for the financial year 2013 in Hamburg today. Group revenue rose by 2.2 percent, reaching EUR 783.7 million. Operating profit (EBITDA) increased by 5.7 percent to EUR 183.8 million. This result matches the predicted... |
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Preliminary figures: VTG looks back on a satisfying 2013
- Turnover increases to EUR 783.7 million, EBITDA increases to EUR 183.8 million - The Railcar Division generates revenues and income growth - Market environment under pressure in the logistics divisions - Suggested dividend increase to EUR 0.42 - Good business development expected for 2014 Hamburg, February 19, 2014. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, has increased revenues and earnings in 2013 according to the preliminary unaudited figures today. Group revenues climbed by 2.2 percent to EUR 783.7 million in comparison with the previous year. Operating profit (EBITDA) also rose by a total of 5.7 percent... |
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VTG and Evonik begin test phase for low-noise freight wagons
- New brake blocks pledge to achieve up to 50 percent less rail traffic noise - The test phase begins in March 2014 - Noise reduction is the most important environmental issue for rail freight transport Hamburg, 12. February 2014. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, has just begun to convert the first wagons to low-noise brake blocks as part of a pilot phase for the chemical company Evonik Industries. Through this measure, both companies seek to further extend their dedication to noise protection and gain experience with the new brake blocks. This conversion could enable rail traffic noise to be reduced... |
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VTG expands its business operations in the tank container logistics sector
- VTG subsidiary VOTG now certified to transport feedingstuffs - The tank container logistics sector portfolio further strengthened and extended Hamburg, 22 January, 2014. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, has expanded its business operations through its subsidiary VOTG. The company is now authorized to transport feedingstuffs, and has thereby succeeded in positioning itself on an even broader basis in the market. The GMP+ B4 certification ensures full compliance with the strict requirements associated with the transportation of these sensitive goods. 'The transport of feedingstuffs has been growing continuously... |
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VTG expands U.S. Railcar Fleet
- Diversification into dried distillers' grains - New customer brings new business Hamburg, December 11, 2013. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading railcar leasing and rail logistics companies, has further expanded its U.S. railcar fleet. The company has added some 350 jumbo covered hoppers for dried distillers' grains (DDG), acquired by the U.S. subsidiary VTG Rail. The railcars have an average age of six years. 'This acquisition is an important step on the way to significantly rejuvenating and diversifying our U.S. fleet', explains Dr. Heiko Fischer, CEO of VTG Aktiengesellschaft. 'Furthermore, with this purchase, we are gaining an important new customer who r... |
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VTG pushes up revenue and net profit further
- Revenue climbs 4.6 percent to EUR 599.1 million - EBITDA up 5.3 percent, EBIT 7.6 percent - Railcar Division gains customers from steel industry - VTG agrees joint venture with Kuehne + Nagel - Tank Container Logistics develops new network of partners - Forecast for 2013 re-affirmed - revenue and EBITDA up on previous year Hamburg, November 14, 2013. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, once again pushed up its revenue at the end of the third quarter of 2013. Compared with the same period of the previous year, revenue for the Group increased by 4.6 percent to EUR 599.1 million (previous year: EUR 573.0... |
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Joint Venture between VTG and Kuehne + Nagel creates Europe's largest private rail logistics provider
- Kuehne + Nagel and VTG sign agreement - Considerable rise in business volume from a single source - Expanded range of services throughout Europe Hamburg, September 27, 2013. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, and Kuehne + Nagel, one of the world's leading logistics companies, today signed an agreement in Hamburg to merge certain rail logistics operations. Subject to the approval of the antitrust authorities, the new company, which will operate under the name VTG Rail Logistics, will commence operations on January 1, 2014. On September 27, 2013, Karl Gernandt, Chairman of Kuehne + Nagel International AG,... |
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VTG pushes up revenue and net profit in first half of 2013
- Revenue increases by 6.5 percent, EBITDA by 9.3 percent - Investment in construction of new wagons has positive impact on business - Logistics divisions continue to face difficult market environment - Forecast for 2013 re-affirmed with added specificity Hamburg, August 15, 2013. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, pushed up both revenue and profit in the first half of 2013. Compared with the same period of 2012, revenue for the Group increased by 6.5 percent to EUR 404.4 million (H1 2012: EUR 379.9 million). There was also a positive trend in EBITDA, with an increase of 9.3 percent to EUR 89.6 million (H1 2012: EUR 82... |
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VTG with a solid start into the year and promising developments in all three divisions
- Significant rise in revenue and EBITDA - Member of the Executive Board for Logistics and Safety leaves company - Capacity utilization down slightly, as expected - Innovation: New bogie type increases payload of new build wagons - New projects initiated in logistics divisions - Forecast for 2013 re-affirmed Hamburg, May 16, 2013. VTG Aktiengesellschaft (WKN: VTG999), one of the leading wagon hire and rail logistics companies in Europe, expanded its business in all three operational divisions in the first quarter of 2013. Revenue for the Group increased by 5.3 percent compared to the first quarter of 2012, from EUR 191.8 million to EUR 202.1 million. There was also an... |
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Kuehne + Nagel and VTG negotiate a merger of rail logistics activities
Letter of intent signed by both parties Hamburg, April 25, 2013. VTG Aktiengesellschaft (CUSIP: VTG999), one of the leading wagon hire and rail logistics companies in Europe, and Kuehne + Nagel, one of the leading global logistics companies, are planning a merger of parts of their rail logistics activities. Both parties signed the related letter of intent. A majority participation of VTG is aimed for. This merger represents an expansion of the long-term partnership that has existed between VTG and Kuehne + Nagel within the scope of their joint company Transpetrol for more than 20 years. The joint venture would expand the present rail logistics activities of the partners, continuing the growth strategy of VTG Rail Logistics and enabling Kuehne + Nagel... |
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VTG remains on path of growth in 2012
- Revenue and EBITDA up on previous year - Focus on integration and consolidation - Capacity utilization on a high level, at 90.4 percent - Mixed trends in logistics divisions - Proposed dividend increase to EUR 0.37 per share - Positive trend in business expected in 2013 Hamburg, March 25, 2013. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and logistics companies, today presented its figures for the financial year 2012. Compared with the previous year, revenue for the Group rose by 2.3 percent, reaching EUR 767.0 million. Operating profit (EBITDA) increased on the previous year by 3.0 percent to EUR 173.8 million. These results... |
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In 2012, VTG focuses on integration, innovation and investment
- Revenue rises by 2.3 percent, EBITDA by 3.0 percent - Capacity utilization at 90.4 percent - Innovation and investment in construction of new wagons increase competitiveness - Logistics divisions: difficult market environment but also new businesses - VTG continues with dividend policy, with proposal of EUR 0.37 - Further investment planned for 2013, with anticipated growth in income Hamburg, February 20, 2013. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, today announced its preliminary unaudited figures for the financial year 2012. Compared with the previous year, revenue for the Group increased... |
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VTG reports increase in revenue and profit
- Group revenue at EUR 573.0 million, rising 2.6 percent on previous year - EBITDA increases by 1.8 percent to EUR 128.3 million - Capacity utilization of wagon fleet at 90.0 percent Hamburg, November 15, 2012. The Hamburg based wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) has reported a positive development in revenue and profit at the end of the third quarter of 2012. There were differences within this trend in each of the three operational divisions. Revenue rose on the previous year by 2.6 percent, from EUR 558.3 million to EUR 573.0 million. Operating profit (EBITDA), at 128.3 million, was 1.8 percent higher than the figure for the... |
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VTG reports slight increase in revenue and new business
VTG reports slight increase in revenue and new business - Railcar Division reports high level of capacity utilization of 90.6 percent - Logistics Divisions with new traffic on the railway and stable demand for transport services in Tank Container Logistics - Revenue up on previous year, EBITDA down slightly - Interest charges from new financing structure affect Group profit - Forecast for financial year re-affirmed, with greater specificity Hamburg, August 15, 2012. The Hamburg-based wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) increased its revenue slightly in the first half of 2012. Revenue rose by 1.6 percent, from EUR 373.8 million to EUR 379.9 million. Operating profit (EBITDA) fell slightly, by 2.3... |
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VTG Annual General Meeting approves dividend payment of EUR 0.35
Supervisory Board re-elected by large majority 62.4 percent of share capital present Hamburg, June 8, 2012. The Annual General Meeting of VTG Aktiengesellschaft (WKN: VTG999) today ratified the Supervisory Board and re-elected its members for another five years. Furthermore, the dividend of EUR 0.35 proposed by the Executive Board and Supervisory Board was approved. VTG remains committed to its policy of recent years of making dividend payments so that shareholders can share in the company’s success. This year, the company will again be paying a dividend, this time its highest ever. Shareholders approved the proposal of the Executive Board of EUR 0.35 per share. This represents a rise of six percent, with a total payout of EUR 7.5 million. The... |
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Stable start for VTG, with focus on integration of 2011 acquisitions
- Group revenue up slightly - EBITDA at level of previous year - Divisions with different business development - Moderate growth expected in 2012 Hamburg, May 22, 2012. In the first quarter of 2012, the Hamburg wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) achieved a slight increase in revenue. Operating profit (EBITDA) at the end of the first quarter remained at the level of the previous year. Compared with the first quarter of 2011, revenue increased by 2.9 percent, from EUR 186.4 million to EUR 191.8 million. EBITDA amounted to EUR 41.1 million compared with EUR 41.2 million in the previous year. Operating cash flow rose by EUR 6.7 million... |
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VTG increases operating profit in 2011 and realizes growth targets
VTG increases operating profit in 2011 and realizes growth targets - Revenue and EBITDA up significantly on previous year - Wagon fleet expands due to acquisitions and building of new wagons - Rail Logistics with a new structure - New financing of the Group provides foundation for further growth - Proposed dividend increase to EUR 0.35 per share - Modest growth expected in 2012 Hamburg, March 28, 2012. VTG Aktiengesellschaft (WKN: VTG999), one of Europe's leading wagon hire and rail logistics companies, today presented its figures for the financial year 2011. Compared with 2010, revenue for the Group rose by 19.2 percent, reaching EUR 750.0 million. Operating profit (EBITDA) also developed positively, increasing by 9.3 percent on the previous... |
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VTG continues on path of controlled growth in 2011
- Revenue up 19.2 percent and EBITDA up by 9.3 percent - Railcar fleet utilization increases to 91.5 percent - New Group financing structure secures future growth - Commencement of railcar leasing operations in Russia - Doubling of fleet in North America - Rail Logistics enlarged and with unified market approach - Proposed dividend increase to EUR 0.35 - Outlook for 2012: slight growth of revenue and EBITDA anticipated Hamburg, February 21, 2012. VTG Aktiengesellschaft (WKN: VTG999) today presented its preliminary unaudited figures for 2011. According to these figures, Group revenue rose by 19.2 percent from the previous year, to EUR 750.0 million. Operating profit... |
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VTG doubles its railcar fleet in North America
- Takeover of the business and over 2,000 railcars of SC Rail Leasing America - Customer base in North America doubled Hamburg, December 1, 2011. On December 1, 2011, VTG Rail, Inc., Collinsville, Illinois, the wholly owned subsidiary of Hamburg, Germany based railcar leasing and rail logistics company VTG Aktiengesellschaft (SIC: VTG999), has taken over the business activities of SC Rail Leasing America Inc., Collinsville, Illinois (SCRL), a subsidiary of Sumitomo Corporation of America. Financial terms were not disclosed. 'Doubling our railcar fleet in North America enables us to reinforce our position in the world's largest rail freight market', says Dr. Heiko Fischer, Chairman... |
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VTG continues its path of growth
Press Release VTG continues on its path of growth - Group revenue reported at EUR 558.3 million, a 20.6 percent rise from 2010 - EBITDA increases by 10.9 percent to EUR 126.0 million - Wagon capacity utilization up once again Hamburg, November 16, 2011. With its third-quarter results, the Hamburg based wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) saw the positive trend of the first six months of 2011 continue. There was clear growth in all three divisions, with overall revenue rising from EUR 462.8 million to EUR 558.3 million, an increase of 20.6 percent compared with same the period of 2010. Operating profit (EBITDA) amounted to EUR 126.0 million, a year-on-year rise of 10.9 percent. 'The... |
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Femke Scholten joins VTG Executive Board
Hamburg, October 25, 2011. The Supervisory Board of the Hamburg-based wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) has appointed Femke Scholten as the new Executive Director of Logistics and Safety. On January 1, 2012, she will replace the current Executive Board member Jürgen Hüllen, who is to retire after more than 30 years’ service. “I am very pleased that, in Femke Scholten, our Executive Board is gaining a logistics expert with an international orientation and many years of experience in supply chain management for major corporations in the primary sector. She will represent the logistics divisions, which have grown significantly, in one executive role for the first time. Due... |
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VTG announces solid half-year results and re-affirms guidance
- Clear increase in revenue and EBITDA - Growth in all business divisions - New group financing structure opens up further growth opportunities - VTG enters CIS and Baltic markets - Wagon fleet capacity utilization continues to increase - High levels of investment and increased employee numbers - Re-affirmation of forecast in upper range Hamburg, August 23, 2011. The Hamburg wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) saw a continued upward trend in business in the first half of 2011, continuing its path of growth. Revenue for the first six months of 2011 was EUR 373.8 million, representing a year-on-year increase of 21.7 percent (first six... |
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VTG purchases the Railcraft group of companies - gateway to operations in the CIS and Baltic markets
VTG Aktiengesellschaft / Key word(s): Acquisition 31.05.2011 / 11:00 Press Release VTG purchases the Railcraft group of companies - gateway to operations in the CIS and Baltic markets - Some 870 rail tank cars for mineral oil taken over together with client list - Development of the broad gauge business - Experienced staff at all three sites Hamburg, 31 May 2011. As of June 1st, 2011, VTG Aktiengesellschaft (WKN: VTG999) will take over the Railcraft group of companies with offices in Espoo, Finland, Moscow, Russia and Tallinn, Estonia. Railcraft rents out its own and leased rail tank cars for mineral oil to customers in the CIS and the Baltic States, in particular... |
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VTG begins 2011 with continued growth strategy and new financing
### 19.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de Language: English Company: VTG Aktiengesellschaft Nagelsweg 34 20097 Hamburg Deutschland Phone: 040 2354 0 Fax: 040 2354 1199 E-mail: info@vtg.de Internet: www.vtg.de ISIN: DE000VTG9999 WKN: VTG999 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr... |
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VTG's new funding structure secures long term growth perspectives
### 05.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de Language: English Company: VTG Aktiengesellschaft Nagelsweg 34 20097 Hamburg Deutschland Phone: 040 2354 0 Fax: 040 2354 1199 E-mail: info@vtg.de Internet: www.vtg.de ISIN: DE000VTG9999 WKN: VTG999 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr... |
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VTG reports increased profits and continues its growth for 2011
### 13.04.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de Language: English Company: VTG Aktiengesellschaft Nagelsweg 34 20097 Hamburg Deutschland Phone: 040 2354 0 Fax: 040 2354 1199 E-mail: info@vtg.de Internet: www.vtg.de ISIN: DE000VTG9999 WKN: VTG999 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr... |
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VTG goes shopping in Italy
VTG Aktiengesellschaft / Key word(s): Mergers & Acquisitions 07.04.2011 / 10:02 Press Release VTG goes shopping in Italy - Some 300 wagons taken over from Sogerent - Expansion of the market position in Italy Hamburg, April 7, 2011. The Hamburg-based wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) has taken over the vehicle fleet containing around 300 wagons from the Italian competitor Sogerent, a transaction company of Sogetank. By doing so VTG is continuing its course of growth and expanding its market position in Italy. The contracting parties have agreed not to disclose the purchase... |
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VTG enters 2011 with confidence and expects positive development
VTG Aktiengesellschaft / Key word(s): Preliminary Results/Forecast 23.02.2011 / 07:30 - Revenue and EBITDA for 2010 much improved on previous year - Capacity utilization in Wagon Hire rises to 89.1 percent - Strong growth in logistics divisions - Strategic acquisitions enable growth in new market segments - Forecast for 2011: expected increase in revenue and EBITDA - Proposed dividend increase to EUR 0.33 Hamburg, February 23, 2011. VTG Aktiengesellschaft (WKN: VTG999) today presented its preliminary, unaudited figures for 2010. According to these figures, group revenue rose by 8.2 percent from the previous year, to EUR 629.4 million. Operating profit (EBITDA) increased from... |
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VTG increases TMF shareholding to 100 percent
### Language: English Company: VTG Aktiengesellschaft Nagelsweg 34 20097 Hamburg Deutschland Phone: 040 2354 0 Fax: 040 2354 1199 E-mail: info@vtg.de Internet: www.vtg.de ISIN: DE000VTG9999 WKN: VTG999 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of News DGAP News-Service 105545 06.12.2010 ... |
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Upward trend continues for VTG
VTG Aktiengesellschaft / Key word(s): Quarter Results/Interim Report 16.11.2010 08:30 Press Release Upward trend continues for VTG - Group revenue increased by 7.5 percent to EUR 462.8 million - EBITDA of EUR 113.6 million up from prior year - Increasing wagon fleet capacity utilization - Continued diversification of fleet with purchase of grain hopper wagons Hamburg, November 16, 2010. VTG Aktiengesellschaft (WKN: VTG999) continued the positive trend of growth seen in the first six months of 2010 in all operational divisions in the third quarter. Revenue rose compared with the previous year by 7.5 percent,... |
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VTG reports solid half-year results and increases full-year forecast
- Group revenue increased by 6.9 percent to EUR 307.1 million - EBITDA of EUR 75.1 million at level of previous year - Increasing wagon fleet capacity utilization - Logistics divisions continue on path of growth - Forecast for financial year 2010 raised Hamburg,... |
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VTG enters grain transport market
VTG Aktiengesellschaft / Acquisition/Mergers & Acquisitions 12.07.2010 18:03 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. Press Release VTG enters grain transport market - Purchase of some 1,100 grain silo wagons from the Ermewa Group - 75 percent share acquired in rail logistics company TMF Hamburg, July 12, 2010. The Hamburg-based wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) today signed contracts for the purchase of some 1,100 grain silo wagons from Ermewa Ferroviaire... |
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VTG posts a good start into 2010
VTG Aktiengesellschaft / Quarter Results 26.05.2010 08:30 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. Press Release VTG posts a good start into 2010 - Group revenue increases by 6.6 percent to EUR 154.8 million - EBITDA decreases slightly by 2.6 percent to EUR 37.3 million - Stable development along the forecasted path of growth Hamburg, May 26, 2010. For the Hamburg-based wagon hire and rail logistics company VTG Aktiengesellschaft (WKN: VTG999) the positive rebound seen... |
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VTG meets 2009 forecast and continues to strengthen its business model
- Revenue decreases by 4.5 percent, EBITDA by 3.8 percent: forecast fully met - Wagon Hire: fleet diversified and plant and workshops strengthened - Rail Logistics: international expansion of operations - Tank Container Logistics: positive development in China - Revenue and EBITDA for 2010 expected to be around 2009 level - Dividend payment of EUR 0.30 planned... |
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VTG achieves annual forecast and reports 2009 results just below results of the previous year
VTG Aktiengesellschaft / Preliminary Results 24.02.2010 08:30 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. VTG achieves annual forecast and reports 2009 results just below results of the previous year - Revenue decreases by 4.5 percent - EBITDA decreases by 3.8 percent - Cautious business strategy and strict cost management lead to success - In 2010, revenue and EBITDA expected to be around the level of 2009 - Dividend payment of EUR 0.30 planned Hamburg, February 24, 2010. VTG Aktiengesellschaft (WKN:... |
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VTG announces solid quarterly results and recognizes economic upturn
- Revenue and EBITDA slightly below previous year - Moderate decline in Wagon Hire already slowing down - Rail Logistics continues good performance - Tank Container Logistics benefiting from recovering transport business - Revenue and EBITDA forecasts for 2009 reconfirmed Hamburg, 16 November 2009. VTG Aktiengesellschaft (WKN: VTG999),... |
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VTG announces solid half-year results
VTG Aktiengesellschaft / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. VTG announces solid half-year results - Revenue and EBITDA slightly below previous year - Wagon Hire and Rail Logistics with stable development of business - Tank Container Logistics stabilizes at lower level of demand - Measures to secure operating profit are successful - Forecast confirmed: Group revenue and EBITDA for entire year expected to be approximately five percent below previous year Hamburg, 27 August 2009. The... |
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VTG demonstrates strength in the first quarter 2009 despite the challenging market environment
VTG Aktiengesellschaft / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. VTG demonstrates strength in the first quarter 2009 despite the challenging market environment - Group sales of EUR 145.2 million similar to the previous year - EBITDA increased by 5.1 percent to EUR 38.3 million - Continued development in the business divisions Hamburg, 27 May 2009. The Hamburg-based wagon hire and rail logistics company, VTG Aktiengesellschaft (SCI: VTG999), performed solidly in the first three months of the 2009 financial year, despite a challenging market environment. Revenue fell slightly by 1.5 percent... |
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VTG takes advantage of a stable business model
VTG Aktiengesellschaft / Final Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. VTG takes advantage of a stable business model - Revenue in 2008 increased by 12.4% to EUR 608.7 million - EBITDA increased by 14.2% to EUR 156.4 million - All divisions reported increases in revenue and EBITDA - Despite economic crisis, revenue and EBITDA for 2009 expected to be slightly below the level of 2008 Hamburg, 22nd April 2009. VTG Aktiengesellschaft (Securities Identification Code: VTG999), Europe's leading... |
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VTG Aktiengesellschaft sales for financial year 2008 higher than anticipated
VTG Aktiengesellschaft / Preliminary Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. VTG sales for financial year 2008 higher than anticipated - Sales increased by 12.4 per cent - Operating profit (EBITDA) up 14.2 per cent - Sales far exceed forecast, EBITDA forecast clearly achieved - Sales and EBITDA for 2009 expected to be slightly below the high level of 2008 Hamburg, 23rd February 2009. VTG Aktiengesellschaft, Europe's leading private wagon hire and rail logistics company (Securities Identification Code: VTG999), today announced its preliminary, unaudited figures for... |
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VTG increases revenues and results significantly for the first nine months and re-affirms forecast for 2008
VTG Aktiengesellschaft / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. VTG increases revenues and results significantly for the first nine months and re-affirms forecast for 2008 - Group revenue increased by 12.0 per cent - EBITDA up 18.9 per cent - Continued high demand for rail freight transport - North American wagon fleet expanded - Sales and EBITDA forecast for 2008 as a whole re-affirmed Hamburg, 17th November 2008. VTG Aktiengesellschaft (SCN: VTG999), one of Europe’s leading rail logistics and... |
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VTG share to be listed on SDAX
VTG Aktiengesellschaft / Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. Press Release VTG share to be listed on SDAX Hamburg, 4 September 2008. After just over one year as stock listed company, Hamburg based VTG Aktiengesellschaft (SCN: VTG999), one of Europe’s leading rail logistics and wagon hire companies, will be listed on the SDAX index as of 22 September 2008. This was announced by Deutsche Börse AG yesterday evening. Based on share trading volume and freefloat market capitalization as well as excluding the companies listed in the German... |
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VTG publishes half-yearly results and raises forecast for revenues and earnings for 2008
VTG Aktiengesellschaft / Half Year Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. Press Release VTG publishes half-yearly results and raises forecast for revenues and earnings for 2008 - Revenues climbed by 13.1 percent in first six months - EBITDA significantly increased by 26.7 percent - Revenues forecast for financial year 2008 raised to plus 8 to 10 percent (before 3.5 to 5.5 percent) - EBITDA outlook raised to an increase of 11 to 14 percent(before 5 to 8 percent) Hamburg, 27 August 2008. VTG Aktiengesellschaft (SCN: VTG999)... |
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VTG takes over established rail freight car manufacturer Graaff
• Securing scarce production capacity for high-value rail freight cars • Access to superior engineering design expertise and numerous approvals Hamburg, 29 July 2008 – VTG Aktiengesellschaft (WKN: VTG999/ISIN: DE000VTG9999), Hamburg, is acquiring all the assets of the rail car manufacturing segment of the Graaff Group, Elze, thereby securing production capacity for its rail freight cars in Europe. The parties have agreed to keep confidential the purchase... |
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VTG concludes joint venture with Cosco Logistics and invests in Chinese
tank container transport company Hamburg, 25 June 2008 – VTG Aktiengesellschaft (SCN: VTG999 / ISIN: DE000VTG9999), Hamburg, will become joint venture partner to Cosco Logistics Co. Ltd., Beijing, via its subsidiary VOTG. The VTG Group will purchase the 50 percent share in the Chinese logistics service provider, Cosco-Vopak Logistics Co., located in Shanghai, held until now by Vopak, and will thus continue to expand its globally positioned... |
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VTG-shareholders agree with draft resolutions by more than 99 percent
Hamburg, 18 June 2008. Today the first Annual General Meeting of VTG Aktiengesellschaft since its IPO in June 2007 took place in CCH Congress Center Hamburg. About 200 shareholders, representing 58.24 percent of the capital stock, were present and accepted the draft resolutions by Executive Board and Supervisory Board. Thus, among others, the Executive Board was authorised with 99.96 percent of all... |
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VTG with growth in the first quarter 2008
VTG Aktiengesellschaft / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. VTG with growth in the first quarter 2008 - Revenues up by 10.0 per cent to EUR 147.6 million - EBITDA increased by 19.9 per cent - Forecast for full year 2008 confirmed Hamburg, 27 Mai 2008. Hamburg-based VTG Aktiengesellschaft (SCN: VTG999), one of Europe’s leading rail logistics companies, was able to continue the positive trend and reported strong business in the first quarter 2008.... |
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VTG reports increased EBITDA and revenues
VTG Aktiengesellschaft / Final Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. VTG reports increased EBITDA and revenues - EBITDA increased by 21.3 per cent - Revenues up by € 22.9 million to € 541.4 million - Leading market position expanded further through organic growth and targeted acquisitions - Forecast for 2008: Continued excellent business development - Ability to pay dividend expected for financial year 2008 Hamburg, 28 April 2008. VTG Aktiengesellschaft (SCN: VTG999),... |
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VTG reports strong revenue and earnings growth / preliminary figures published for the financial year 2007
VTG Aktiengesellschaft / Preliminary Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. Hamburg, March 4, 2008. VTG Aktiengesellschaft, one of the leading rail logistics companies in Europe (SCN: VTG999), today presented preliminary, unaudited figures for the financial year 2007. Group revenue climbed to EUR 541.4 million compared to the prior year this represented a gain of EUR 22.9 million or 4.4 percent. VTG’s improvement in operating earnings (EBITDA) was particularly significant increasing from EUR 112.9 million to EUR 137.0 million representing strong growth amounting to 21.3 percent. As commented by Dr. Heiko Fischer, chairman of the executive board of VTG AG, the company... |
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VTG enters U.S. rail car leasing business
VTG Aktiengesellschaft / Acquisition Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. Hamburg, December 11, 2007 – VTG Aktiengesellschaft (WKN: VTG999), Hamburg, is going to acquire the U.S.-based Texas Railcar Leasing Company (TRLX) and enter the North American rail freight market. A purchase agreement has been signed with the owner of the family business based in McAllen, Texas. Both parties agreed not to disclose information on the purchase price. In acquiring Texas Railcar, VTG continues its international growth trend. The acquisition is expected to close early in 2008.... |
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VTG’s revenues and earnings up significantly in the first 9 months
- Revenues up 4.2 percent - EBITDA raised by 17.0 percent - 2007 full-year revenue and EBITDA forecast raised Hamburg, November 29, 2007. VTG Aktiengesellschaft, one of Europe’s leading rail logistics companies (SCN: VTG999), continued its solid growth in the first nine months of the current financial year with significant year-on-year improvement in both revenues and earnings. Revenues were up... |
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VTG acquires UKtank container hire company Tankspan Leasing
VTG Aktiengesellschaft / Acquisition Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. Hamburg, 14. November 2007 – VTG Aktiengesellschaft of Hamburg has reached an agreement to acquire the UK tank container hire company Tankspan Leasing Ltd. The purchase agreement was signed with the owner, Pacific States Marine Ltd. The parties agreed not to disclose the purchase price. With this acquisition of Tankspan, VTG is pursuing its strategic objective of growing in its core hire competence. Tankspan, based in Peper Harow, Surrey, generated revenues of USD 8,5 million (about EUR 6 million) in the 2007 financial... |
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VTG AG continues its positive performance in the 1st half of 2007
EBITDA up 12.8 percent to record levels in the 1st half of 2007 2007 Guidance: Expected revenues EUR 525 – 530 million; EBITDA approximately EUR 132 – 134 million rising up 17 to 19 percent Equity ratio increased to 20.5 percent in July 2007 following successful IPO and repayment of the shareholder’s loan Hamburg, August 30, 2007. VTG Aktiengesellschaft, one of Europe’s leading rail logistics companies (securities code number VTG999), continued its solid corporate growth in the 1st half of 2007. Both revenues (EUR 264.0 million) and operating earnings (EBITDA: EUR 61.4 million) in the first half of 2007 were up on the same period in the previous year. Moreover the successful IPO in June 2007 strengthened its equity structure substantially,... |
VTG AG press releases can be found here.