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VTG remains on path of growth

vtgVTG Aktiengesellschaft, one of Europe’s leading wagon hire and logistics companies, today presented its figures for the financial year 2012.

Compared with the previous year, revenue for the Group rose by 2.3 percent, reaching EUR 767.0 million. Operating profit (EBITDA) increased on the previous year by 3.0 percent to EUR 173.8 million. These results are in the middle of the range predicted in the forecast of mid-February 2012.

“In 2012, the focus of our work was on integrating what had been achieved and, in 2013, we are concentrating on pushing ahead with our strategy of growth”, says Dr. Heiko Fischer, CEO of VTG.

“In the Railcar Division, we will also be investing in new rolling stock this year and making high-quality innovative technology available to our customers. Rail Logistics is to be further expanded on the way to making it one of the leading European providers of rail transports.”