Communication - corporate
Talgo gains new contract in Egypt for €280 million
Today, the national railway company of Egypt ENR (Egyptian National Railways) has awarded Talgo with a new contract for the manufacturing of passenger trains. Under the new order, the Spanish company will be responsible for building seven passenger trains for night services for an approximate amount of 280 million euros.
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Talgo registers €218 m of revenues in First Half 2022
Talgo S.A., a leading company in the design, manufacture, and maintenance of high-speed light trains, registered a revenue of €218 m in the first half of 2022, compared to the €293 m in the first half of 2021. The decrease in revenues is mainly driven by lower industrial activity in manufacturing projects, resulting from the current disruptions in the supply chain. Manufacturing average revenues account for more than half the total revenues, being the main revenue contributors the projects undertaken for the European operator Deutsche Bahn (Germany), DSB (Denmark) and ENR (Egypt). Furthermore, maintenance activity has resumed normal services since Covid-19 thus providing recurrent revenues and stability.
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Talgo initiates dynamic testing of Spain's first dual hydrogen train
Today, Talgo initiated the dynamic tests of its dual Vittal-One renewable hydrogen train at its factory in Las Matas, Madrid, which is a key milestone in applying hydrogen to the railway. These tests carried out in a laboratory train named TPH2, seek to ensure the correct functionality of the main composition systems developed in previous stages and to check the train's traction with batteries and hydrogen, that is, to validate hydrogen technology in motion, applied to the railway sector.
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Talgo apuesta por el talento y la ingeniería nacional en el UPMDay22
Talgo colabora con UPMDay22, un gran evento organizado por la Universidad Politécnica de Madrid en torno a dos actos, el de entrega de diplomas y el de investidura de nuevos doctores, que habían sido aplazados por las restricciones sanitarias derivadas de la pandemia causada por la Covid-19.
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Talgo registers revenues of €118 million in Q1 2022 and plans to accelerate manufacturing projects with a boost of Germany and Egypt projects
Talgo registered a revenue of €118 million in the first quarter of 2022, compared to the €147 million in Q1 2021. The decrease in revenues is due to lower industrial activity in manufacturing projects, resulting from the current change in the mix of projects in execution and disruptions in the supply chain
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Talgo launches a Share Buyback Program and increases earnings per share for shareholders
Talgo has launched its Share Buyback Program with the aim of reducing the Company's share capital through the redemption of its own shares, which will increase the earnings per share of its shareholders. The maximum amount of the Share Buyback Program will be 10 million euros, which will benefit shareholders.
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Talgo Develops New Rolling Assemblies For Very High-Speed Trains, Reduces Weight By 50%
Talgo has developed a new type of its characteristic running gear frames -rodals- which makes it possible to further reduce the tare weight of the vehicles it manufactures, starting with Avril very high-speed trains.
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Indra and Talgo join forces in Europe’s Rail, the largest rail innovation program in europe, which drives the digitalization and sustainability of the sector
Indra, one of the world’s major technology and consulting companies, and Talgo, a leading company in the design, manufacture and maintenance of medium and high-speed light rail, have reaffirmed their commitment to innovation to boost the railway sector by becoming one of the 25 Founding Members of Europe's Rail, the largest railway innovation program in Europe and, therefore, join its Governing Board.
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Talgo recovers activity and obtains a net profit of 27.5 million euros in 2021
Talgo registered a revenue of €555.4 million in 2021, up by 14% compared to the €487.1 million registered in the same period of the previous year.
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EIB and Talgo sign €35 million green loan to finance innovation strategy
The EU bank funds will finance Talgo's research, development and innovation for 2021-2024, its digital transformation and other investments.
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18 Mär
12 Apr
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