Vossloh: performance remarkably up in 2004
Despite the much more hostile environment encountered by the rail industry, the Vossloh Group looks back on a most successful fiscal 2004. At €922.2 million, sales were again stepped up, this time by a good one percent over the 2003 record of €912.5 million. At €105.8 million EBIT appreciably outperformed the prior year’s €100.9 million. Moreover, at €57.2 million, the Group’s net earnings in 2004 easily topped the solid €55.5 million earned a year ago.Vossloh AG’s Executive and Supervisory Boards will propose to the annual stockholders’ meeting to distribute for fiscal 2004 an unchanged cash dividend of €1.30 per share.
A detailed review of fiscal 2004 will be presented by Vossloh AG’s Executive Board at tomorrow’s (Friday’s) annual accounts press conference in Düsseldorf.
Werdohl, March 17, 2005
For more information contact:
Christiane Konrad, Vossloh AG,
phone (+49-2392) 52-249