Touax: stable operational performance in the first half


(CercleFinance.com) – Touax reported on Thursday stability in its business volumes and operational performance in the first half, in a context of normalization of its container activity after two ‘exceptional’ financial years for the industry.

In a slowing economic environment, the specialist in the rental of freight wagons, river barges and containers recorded restated income from activities of 79.1 million euros over the first six months of the year, compared to 78 .3 million a year earlier.

Ebitda is down slightly, to 28.9 million euros compared to 29.5 million in the first half of 2022, for a net profit group share down to 5.1 million euros, compared to 7.6 million euros at the end of June 2022.

Although it is cautious in the face of market conditions, the group emphasizes that its activities should continue to benefit from awareness of the need to decarbonize the economy and transport and the need to renew infrastructure.

Listed on the Paris Stock Exchange, Touax shares fell by around 2% on Thursday following this publication.

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