Edition:
United States

VTG AG (VT9G.DE)

VT9G.DE on Xetra

40.65EUR
16 Feb 2018
Change (% chg)

€-0.35 (-0.85%)
Prev Close
€41.00
Open
€41.50
Day's High
€41.50
Day's Low
€39.95
Volume
24,408
Avg. Vol
35,304
52-wk High
€50.70
52-wk Low
€29.05

Latest Key Developments (Source: Significant Developments)

VTG 9-month net profit down at 44.1 million euros
Thursday, 16 Nov 2017 01:30am EST 

Nov 16 (Reuters) - VTG AG ::DGAP-NEWS: VTG AG BOOSTS REVENUE IN FIRST NINE MONTHS OF 2017 - RAILCAR CAPACITY UTILIZATION AT HIGHEST LEVEL SINCE THE END OF 2008.9M REVENUE 750.2 MILLION EUR.9-MONTH ‍REVENUE IMPROVED TO EUR 750.2 MILLION, SLIGHTLY UP ON SAME PERIOD A YEAR AGO (9M 2016: EUR 742.0 MILLION)​.9-MONTH ‍EBITDA OF EUR 250.7 MILLION FELL JUST SHORT OF PREVIOUS YEAR'S FIGURE (9M 2016: EUR 255.9 MILLION)​.9-MONTH ‍NET PROFIT OF EUR 44.1 MILLION (9M 2016: EUR 45.0 MILLION)​.‍NO CHANGE IN EXPECTATION THAT GROUP REVENUE WILL BE SLIGHTLY HIGHER THAN IN PREVIOUS YEAR (2016: EUR 986.9 MILLION)​.‍BELIEVES THAT EBITDA FOR YEAR WILL IN FACT BE AT BOTTOM END OF SPREAD FORECAST IN AUGUST​.  Full Article

​VTG AG sees 2017 EBITDA in corridor of EUR 330-360 mln
Tuesday, 29 Aug 2017 01:31am EDT 

Aug 29 (Reuters) - VTG AG ::DGAP-NEWS: ​VTG REPORTS UPTREND IN SECOND QUARTER OF 2017.‍REVENUE FORECAST CONFIRMED - EBITDA FORECAST FOR 2017 ADJUSTED​.‍NET PROFIT OF EUR 27.5 MILLION FOR FIRST HALF OF 2017 MARKED AN IMPROVEMENT ON SAME PERIOD OF PREVIOUS YEAR (EUR 26.7 MILLION​.Q2 ‍GROUP REVENUE INCREASED BY 4.6 PERCENT TO EUR 255.0 MILLION​.GROUP EBITDA IN A CORRIDOR FROM EUR 330 MILLION TO EUR 360 MILLION IS NOW EXPECTED FOR 2017 FINANCIAL YEAR.  Full Article

VTG sees Q2 group revenue 255 mln euros
Thursday, 17 Aug 2017 02:23pm EDT 

Aug 17 (Reuters) - VTG AG :VTG updates its earnings forecast - positive and negative effects in 2017 expected.Q2 EBITDA 86.7 million euros.Group EBITDA for current financial year is now expected to range between 330 million euros and 360 million euros.Executive board confirms its forecast for group revenue for current year.According to preliminary numbers group revenue amounted to eur 255.0 million in Q2 2017.  Full Article

VTG AG Q1 net result up at 12.7 mln euros
Thursday, 4 May 2017 01:30am EDT 

May 4 (Reuters) - VTG AG ::Q1 revenue at 243.8 million euros ($265.60 million)versus 243.8 million euros year ago.Q1 EBITDA 76.6 million euros versus 81.6 million euros year ago.Q1 net result 12.7 million euros versus 11.8 million euros year ago.Confirms FY 2017 forecast for a slight increase in revenue and EBITDA compared to previous year.  Full Article

VTG AG FY 2016 EBITDA up 2.6 pct to EUR 345.3 mln
Tuesday, 7 Mar 2017 01:30am EST 

VTG AG : FY 2016 sales down by 4.0 percent at 986.9 million euros ($1.04 billion) (previous year: 1,027.5 million euros) . FY 2016 EBITDA rose by 2.6 percent to 345.3 million euros (previous year: 336.5 million euros) . Plans to increase dividend from 0.50 euros to 0.75 euros per share .Sees FY 2017 slight increase in sales and a slight increase in EBITDA, despite the fact that a special profit from the previous year was canceled.  Full Article

VTG 9-mth net result up at 45.0 mln euros
Thursday, 17 Nov 2016 01:30am EST 

VTG : 9-month revenue at 742.0 million euros ($792.83 million)versus 764.1 million euros year ago . 9-month net result improves to 45.0 million euros, up 68 percent . 9-month EBITDA 255.9 million euros versus 255.5 million euros year ago .Confirms FY revenue and earnings forecast, revenue slightly below previous year’s level of 1.03 billion euros, EBITDA at bottom end of expected range of 345-355 million euros.  Full Article

VTG lowers 2016 guidance after weak H1
Tuesday, 30 Aug 2016 01:30am EDT 

VTG : Cuts 2016 sales guidance, says now sees FY sales slightly below year-earlier level of 1.03 billion eur . Says now sees 2016 EBITDA at bottom end of forecast range of 345-355 million eur . H1 sales down 3.7 percent at 493.3 million eur . H1 EBITDA down 1.3 percent at 165.8 million eur .H1 net profit up 48 percent at 26.7 million eur.  Full Article

WL Ross sells 20 pct of VTG AG, completing a EUR358 million divestiture
Friday, 20 May 2016 03:05am EDT 

Wl Ross & Co. Llc : Terms of transaction were not disclosed . Affiliate CEW Germany GMBH sold about 20 percent of outstanding shares in Vtg Aktiengesellschaft to Kuehne Holding AG .WL Ross & Co. sells 20 percent of VTG AG, completing a EUR358 million divestiture.  Full Article

VTG AG announces new major shareholders
Tuesday, 15 Mar 2016 11:05am EDT 

VTG AG:Announces two new major shareholders‍​.The Joachim Herz Stiftung in Hamburg has communicated that it will hold ten percent of company’s share capital and will thereby become the third largest shareholder‍​.Hamburg-Based bank M.M.Warburg & CO will hold five percent of VTG in the future.Purchase agreements will close shortly.  Full Article

BRIEF-VTG expects acquisition of Nacco to be completed in the second half of 2018

* DGAP-ADHOC: THE MANAGEMENT BOARD OF VTG EXPECTS THAT THE ACQUISITION OF THE RAILCAR LEASING COMPANY NACCO BY VTG AKTIENGESELLSCHAFT CAN ONLY BE CONSUMMATED SUBJECT TO MATERIAL CONDITIONS UNDER MERGER CONTROL LAWS