Vossloh Aktiengesellschaft · XETR:VOS
Vossloh Aktiengesellschaft — Q3 2026 Earnings Presentation
21 slides from Vossloh Aktiengesellschaft's earnings presentation, Oct 22, 2026
Slide 1: Quarterly Statement as of September 30, 2026
QUARTERLY STATEMENT AS OF SEPTEMBER 30, 2026 WERDOHL, OCTOBER 22, 2026
Slide 2: Strategic Perspective: Digitalization as an Enabler of New Business Models
VOSSLOH GROUP STRATEGIC PERSPECTIVE: DIGITALIZATION AS AN ENABLER OF NEW BUSINESS MODELS DIGITAL BUSINESS SIGNIFICANTLY EXPANDED Initial situation: Vossloh cannot completely insulate itself from geopolitical developments. Vossloh’s international presence has so far been able to offset regional fluct
Slide 3: Q3 2026 Also Impacted by Project Postponements and Cost Burdens, Outlook Confirmed
VOSSLOH GROUP Q3 2026 ALSO IMPACTED BY PROJECT POSTPONEMENTS AND COST BURDENS, 2026 OUTLOOK CONFIRMED AND SPECIFIED Sales revenues increased by 15.6 percent year-on-year to €376.6 million, driven by the consolidation of VTT Europe (Sateba); excluding VTT Europe (Sateba), Group sales revenues were ap
Slide 4: Sales and EBITDA Significantly Above Prior Year Due to VTT Europe (Sateba)
VOSSLOH GROUP SALES AND EBITDA SIGNIFICANTLY ABOVE THE PRIOR YEAR DUE TO VTT EUROPE (SATEBA), PROFITABILITY IMPACTED BY SPECIAL FACTORS KEY GROUP INDICATORS 1-9/2025 1-9/2026 NOTES Sales revenues in 9M 2026 up by 19.6 percent year-on-year due to the consolidation of VTT Europe (Sateba; ~€218 million
Slide 5: Net Financial Debt Significantly Higher Than at Year-End
VOSSLOH GROUP NET FINANCIAL DEBT SIGNIFICANTLY HIGHER THAN AT YEAR-END DUE TO NEGATIVE FREE CASH FLOW AND M&A PURCHASE PRICE PAYMENTS 1-9/2025 2025 1-9/2026 KEY GROUP INDICATORS 9/30/25 12/31/25 9/30/26 NOTES Equity increased compared with year-end, primarily due to the refinancing of Equity € mill.
Slide 6: Orders Received and Order Backlog Remain at Very Satisfactory Levels
VOSSLOH GROUP ORDERS RECEIVED AND ORDER BACKLOG REMAIN AT VERY SATISFACTORY LEVELS ORDERS RECEIVED (in € mill.) ORDER BACKLOG (in € mill.) NOTES 1,154.5 1,094.0 Orders received up by 21.7 percent year-on-year, primarily due to the inclusion 78.3 179.7 of VTT Europe (Sateba; €178 million); adjusted f
Slide 7: Core Components Division
CORE COMPONENTS DIVISION SALES AND EBITDA SIGNIFICANTLY ABOVE THE PRIOR YEAR THANKS TO VTT EUROPE (SATEBA), EBIT ALSO IMPACTED BY PPA EFFECTS SALES REVENUES EBITDA EBITDA MARGIN EBIT EBIT MARGIN (in € mill.) (in € mill.) (in %) (in € mill.) (in %) 538.2 80.3 347.1 55.1 38.9 39.2 15.9 14.9 11.2 7.3 1
Slide 8: Fastening Systems Business Unit
FASTENING SYSTEMS BUSINESS UNIT SALES REVENUES AND VALUE ADDED BELOW THE PRIOR YEAR, BOOK-TO-BILL RATIO AT A PLEASING 1.11 SALES REVENUES VALUE ADDED (in € mill.) (in € mill.) 251.7 227.1 18.7 11.8 1-9/2025 1-9/2026 1-9/2025 1-9/2026 Orders received below the prior-year level; declines, particularly
Slide 9: Tie Technologies Business Unit
TIE TECHNOLOGIES BUSINESS UNIT SIGNIFICANT SALES INCREASE THANKS TO VTT EUROPE (SATEBA), VALUE ADDED IMPACTED AMONG OTHER THINGS BY PPA EFFECTS SALES REVENUES VALUE ADDED (in € mill.) (in € mill.) 334.4 109.0 (2.3) (29.6) 1-9/2025 1-9/2026 1-9/2025 1-9/2026 Orders received and Order backlog signific
Slide 10: Customized Modules Division
CUSTOMIZED MODULES DIVISION SALES REVENUES STABLE AT THE HIGH PRIOR-YEAR LEVEL, PROFITABILITY SIGNIFICANTLY WEAKER ALSO DUE TO LOWER POSITIVE NON-RECURRING EFFECTS SALES REVENUES EBITDA EBITDA MARGIN EBIT EBIT MARGIN (in € mill.) (in € mill.) (in %) (in € mill.) (in %) 427.1 423.9 58.3 45.3 42.8 13.
Slide 11: Lifecycle Solutions Division
LIFECYCLE SOLUTIONS DIVISION SALES NOTICEABLY BELOW THE PRIOR-YEAR LEVEL, DYNAMIC BUSINESS DEVELOPMENT EXPECTED IN THE FINAL QUARTER OF 2026 SALES REVENUES EBITDA EBITDA MARGIN EBIT EBIT MARGIN (in € mill.) (in € mill.) (in %) (in € mill.) (in %) 159.5 152.1 21.7 17.0 13.6 11.2 8.5 5.3 3.5 2.3 1-9/2
Slide 12: Vossloh Group: 2026 Outlook
VOSSLOH GROUP: 2026 OUTLOOK REVISED OUTLOOK CONFIRMED, EARNINGS INDICATORS EXPECTED IN THE LOWER PART OF THE RANGES SALES REVENUES 2025: €1.34 billion 2026 Guidance: €1.51 billion to €1.61 billion The significant increase continues to be primarily attributable to the Core Components division; the fu
Slide 13: Financial Calendar and Contact Information
FINANCIAL CALENDAR AND CONTACT INFORMATION HOW TO REACH US Financial calendar 2027 / March 2027 Annual Report 2026 / April 2027 Quarterly Statement as of March 31, 2027 / May 2027 Annual General Meeting Contact details for investors and media: Dr. Daniel Gavranovic Email: investor.relations@vossloh.
Slide 14: Disclaimer
DISCLAIMER NOTE This presentation contains statements on the future business development of the Vossloh Group that are based on assumptions and estimates made by management. If the assumptions underlying the forecasts do not materialize, actual results may differ materially from those projected. Unc
Slide 15: Notes
NOTES 15 Quarterly Statement Q3/2026
Slide 16: Income Statement
VOSSLOH GROUP INCOME STATEMENT € mill. 1-9/2025 1-9/2026 Sales revenues 908.5 1,086.8 Cost of sales (658.7) (804.3) General administrative and selling expenses (175.7) (226.1) Allowances and write-ups on financial assets 1.0 0.6 Research and development costs (12.7) (13.0) Other operating income 15.
Slide 17: Balance Sheet
VOSSLOH GROUP BALANCE SHEET Assets in € mill. 9/30/2025 12/31/2025 9/30/2026 Equity and liabilities in € mill. 9/30/2025 12/31/2025 9/30/2026 Intangible assets 361.4 757.2 820.2 Capital stock 54.8 54.8 54.8 Property, plant, and equipment 383.6 497.1 509.2 Additional paid-in capital 256.8 256.8 253.8
Slide 18: Key Performance Indicators
VOSSLOH GROUP KEY PERFORMANCE INDICATORS Core Components Fastening Systems Tie Technologies Customized Modules Lifecycle Solutions 1-9/2025 1-9/2026 1-9/2025 1-9/2026 1-9/2025 1-9/2026 1-9/2025 1-9/2026 1-9/2025 1-9/2026 Sales revenues € mill. 347.1 538.2 251.7 227.1 109.0 334.4 427.1 423.9 159.5 15
Slide 19: Cash Flow Statement
VOSSLOH GROUP CASH FLOW STATEMENT € mill. 1-9/2025 1-9/2026 Earnings before interest and taxes (EBIT) 76.2 56.6 EBIT from discontinued operations - 1.0 Amortization/depreciation/impairment losses/reversal of impairment losses of noncurrent assets 45.5 71.9 Change in noncurrent provisions (2.2) (2.6)
Slide 20: Employees
VOSSLOH GROUP EMPLOYEES Reporting Date Average Employees 9/30/2025 9/30/2026 1-9/2025 1-9/2026 Core Components 1,048 2,040 1,048 1,993 Customized Modules 2,573 2,607 2,562 2,610 Lifecycle Solutions 855 907 849 867 Vossloh AG & Vossloh RailWatch GmbH 132 137 128 137 Group 4,608 5,691 4,587 5,607 20 Q
Slide 21: Share Price Performance, Information on the Share and Shareholder Structure
VOSSLOH GROUP SHARE PRICE PERFORMANCE, INFORMATION ON THE SHARE AND SHAREHOLDER STRUCTURE Vossloh share price development 12/31/2025 to 9/30/2026 € 90 80 70 Vossloh share 60 SDAX (rebased) MDAX (rebased) 50 DAX (rebased) 0 12/31/2025 3/31/2026 6/30/2026 9/30/2026 Information on Vossloh Share Shareho
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