Original-Research: Vossloh AG (von Quirin Privatbank Kapitalmarktgeschäft): BUY

Summary by AI BETAClose X

Quirin Privatbank maintains a BUY recommendation for Vossloh AG with a reduced target price of EUR 86, citing robust full-year 2025 results including revenue growth to EUR 1,343.2m and adjusted EBIT of EUR 119.6m, alongside a 15% year-on-year increase in Free Cash Flow to EUR 98.8m. The bank views the company's 2026 guidance of 16-24% revenue growth and potential EBITDA margin improvement as achievable, driven by strong rail infrastructure programs, underinvestment in track maintenance, and Vossloh's comprehensive product portfolio. Despite a reduced target price from EUR 94, the investment case remains compelling due to a multi-year earnings growth trajectory believed to be undervalued.

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Vossloh AG (0N2Z)
UK 100

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