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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 upward trend in EBITDA, which reached EUR 45.0 million, an increase of 9.5 percent on the same period of the previous year (EUR 41.1 million). Operating cash flow increased by EUR 9.2 million to EUR 44.2 million. |
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Apr 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. |
Press