Vossloh AG 2019 AR2
The report highlights Vossloh AG's strategic focus on rail infrastructure following the agreed sale of its locomotives business in 2019. The company successfully implemented a comprehensive performance program to enhance profitability and self-financing power, which was fully funded by the divestment of unprofitable activities. Vossloh also joined the UN Global Compact, aligning its sustainability efforts with six specific Sustainable Development Goals. Despite a challenging year with one-time restructuring expenses impacting unadjusted earnings, the company achieved a satisfactory adjusted EBIT of ’55.7 million and maintained a solid equity ratio above 30 percent.
Company: Vossloh AG
Sector: Manufacturing
Country: Germany
Year: 2019
Type: AR2
Pages: 172
Back to company
Vossloh AG
Annual Report
The report highlights Vossloh AG's strategic focus on rail infrastructure following the agreed sale of its locomotives business in 2019. The company successfully implemented a comprehensive performance program to enhance profitability and self-financing power, which was fully funded by the divestment of unprofitable activities. Vossloh also joined the UN Global Compact, aligning its sustainability efforts with six specific Sustainable Development Goals. Despite a challenging year with one-time restructuring expenses impacting unadjusted earnings, the company achieved a satisfactory adjusted EBIT of ’55.7 million and maintained a solid equity ratio above 30 percent.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Employees