Talgo Company profile
About Talgo SA
Talgo SA is a Spain-based company primary engaged in the design and manufacture of rolling stock. The Company's activities are divided into three business segments: Rolling stock, Auxiliary machines and Others, as well as General. The Rolling stock division is responsible for the train production, as well as for the maintenance of trains that use the Company's technology. The Auxiliary machines and Others segment provides manufacture and technical service of lathes, as well as sale of related spare parts. The General area includes corporate operations. The Company's product range comprises high speed rolling stock, intercity trains and locomotives, among others. It offers products and services worldwide to a number of railway operators, such as Amtrak, Metrovias, Russian Railways, Metro Beijing, Fertagus, Chiltern Railways, Jernhusen AB and Bochum Trams. The Company operates manufacturing plants in Spain and Kazakhstan.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Talgo SA revenues increased 14% to EUR555.4M. Net income totaled EUR27.6M vs. loss of EUR17.4M. Revenues reflect Rolling stock segment increase of 22% to EUR515.4M, Middle East and North Africa segment increase from EUR33M to EUR98M, Rest of Europe segment increase of 62% to EUR62.9M, Commonwealth of Independent States segment increase of 32% to EUR73.2M.
Equity composition
6/2017, Scrip Issue, 1 new share for every 75 shares held (Factor: 1.01333).
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