Record orders for Spanish rail firm

Posted on 19 Mar 2017 and read 845 times
Record orders for Spanish rail firmCAF (www.caf.net/en) (the Spanish supplier of rolling stock, infrastructure, signalling and services) has reported a record order intake for 2016 — a year in which it “consolidated a new growth cycle” and strengthened its financial position.

Looking ahead, CAF said it is on track for growth in the coming years, with “a greater range of products and services to be developed, plus improved efficiency to bring cost savings”.

Its order intake saw year-on-year growth of 197% in 2016 (to 2.7 billion euros), while its revenues grew by 2.7% (to 1·3 billion euros), driven by a recovery in industrial activity from July onwards and increased revenues from signalling and services.

Export orders accounted for 79% of its revenues, and there was a record order book worth 6.2 billion euros as of 31 December.

A spokesman said: “Double-digit compound annual growth in sales is anticipated in 2017-18. This will be driven by greater rolling-stock sales and lower costs from increased standardisation, as well as strengthening of the services business through a pro-active search for private-public procurement contracts, undertaking more refurbishment work and developing technology-focused activities.”

Be seen in all the right places!

Intermach / MTA 2018 Indusmach Africa 2018 (Kenya) Metaltech 2018 Subcon 2018 ITM Poland / Machtool 2018 High-Tech Manufacturing & Engineering Expo MTA Vietnam 2018 Maktek Eurasia 2018 MTA Hanoi 2018 Indusmach Africa 2018 (Tanzania) Advanced Engineering UK 2018 Machine Tool Indonesia 2018 India Export News Steelfab 2019

Machinery-Locator
The online search from the pages of Machinery Market.

Colchester Triumph 2500VS x 1250mm Gap Bed Lathe
Colchester Triumph 2500VS x 1250mm Gap Bed Lathe, 2016, s/n VT2729, Metric,Right-hand apron, 7.5kw v
Colchester Triumph 2500VS x 1250mm Gap Bed Lathe, 2016, s/n VT2729, Metric,Right-hand apron, 7.5kw v...
Mooney, Steven E. Machinery Ltd