Vossloh AG's Promising Growth Trajectory Forecasted by Quirin Privatbank

Vossloh AG is expected to maintain its positive growth trajectory in 2026, as detailed in a recent report by Quirin Privatbank Kapitalmarktgeschäft. The firm reported robust 2025 financial results with a revenue increase of 11.0% to EUR 1,343.2m and an adjusted EBIT growth of 13.7% year-on-year to EUR 119.6m. Free cash flow also saw a rise, achieving EUR 98.8m, despite increased working capital demands from Sateba's integration.

Looking ahead, the management expects a revenue growth of 16-24% for 2026 and aims to improve the EBITDA margin. These projections hinge on the smooth integration of Sateba and anticipated acceleration in German infrastructure spending. Quirin Privatbank retains its "Buy" rating for Vossloh AG, albeit with a revised target price of EUR 86, highlighting the company's strong position in Europe's rail infrastructure sector.