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Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Vossloh
Vossloh (VOS) investor relations material
Vossloh Berenberg European Conference 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Berenberg European Conference 2025 summary30 Nov, 2025
Market drivers and industry trends
Global megatrends such as population growth, urbanization, globalization, sustainability, and digitalization are fueling increased demand for rail transport as a sustainable mobility solution.
Rail is positioned as the most environmentally friendly mass transportation mode, supporting the shift to green mobility.
Major rail investment programs are underway worldwide, with significant funding in the USA, Europe, China, India, Brazil, Egypt, Türkiye, and Australia.
Strategic positioning and business model
The company operates as a system house for rail infrastructure, offering manufacturing, maintenance, and digital solutions.
Maintains leading market positions in hardware, technology, and rail services, with a unique focus on track availability and lifecycle management.
Broad service portfolio includes preventive and corrective maintenance, high-speed grinding, and digital monitoring.
Over 120 digital experts provide real-time, cloud-based monitoring and predictive maintenance.
Financial performance and growth
Sales increased by ~40% from 2020 to 2024, with EBIT growth exceeding 80% despite challenging market conditions.
All divisions showed significant revenue and EBIT margin improvements, with mid-term EBIT margin targets of 10% nearly achieved.
Q3 2025 saw strong sales growth (+5.7% YoY), robust EBIT, and high free cash flow, though net income was slightly lower due to higher interest expenses.
Working capital intensity improved year-on-year, and net financial debt decreased due to capital increases.
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Next Vossloh earnings date
Q4 202519 Mar, 2026
Vossloh
Next Vossloh earnings date
Q4 202519 Mar, 2026
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Frequently asked questions
Vossloh AG focuses on rail technology, primarily focused on rail infrastructure. The company offers comprehensive solutions across a broad spectrum of rail infrastructure needs, emphasizing safety, sustainability, and environmental friendliness. Vossloh's product and service offerings include rail fastening systems, turnout systems, signaling systems, and services such as rail and turnouts maintenance and track supply. Additionally, Vossloh manufactures and provides concrete ties and concrete crossing panels tailored to customer specifications. The company is headquartered in Werdohl, Germany, and its shares are listed on the XETRA.
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