Latest news with #ProRail
Yahoo
a day ago
- Business
- Yahoo
voestalpine AG (VLPNY) Q1 2026 Earnings Call Highlights: Navigating Challenges with Strategic ...
Revenue: Down by 6% or approximately EUR 240 million. EBITDA: Decreased from EUR 417 million to EUR 361 million. Net Debt/EBITDA Ratio: 1.1. Gearing Ratio: 19% pre-dividend payment, 21% post-dividend payment. Equity Ratio: 50%. Free Cash Flow: Positive at approximately EUR 190 million. Cash Flow from Operations: EUR 444 million. Cash Flow from Investing Activities: EUR 256 million. Net Financial Debt: Reduced to the lowest level in the last decade. Number of Employees: Dropped to 49,600. Steel Division Capacity Utilization: More than 90%. EBITDA Steel Division: EUR 109 million, down by EUR 40 million. EBITDA High Performance Metals: Increased by EUR 25 million. EBITDA Metal Engineering: Decreased by EUR 30 million. EBITDA Metal Forming: Decreased by EUR 16 million. Guidance for EBITDA: Between EUR 1.4 billion and EUR 1.55 billion. Warning! GuruFocus has detected 4 Warning Signs with BOM:539336. Release Date: August 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points voestalpine AG (VLPNY) reported a solid financial performance in a challenging environment, with a strong balance sheet and high free cash flow. The company has reduced its net debt to the lowest level in the last decade, indicating a strong financial position. The railway systems segment showed an upward trend with strong demand, and the company secured a major contract with the Dutch railway company ProRail. The aerospace sector continues to perform well, contributing positively to the company's results. voestalpine AG (VLPNY) is actively restructuring and reorganizing its business to improve efficiency, particularly in the automotive components and high-performance metals divisions. Negative Points The company faced a 6% decline in revenue due to lower market prices and the sale of Buderus, impacting overall profitability. High Performance Metals division was affected by a challenging environment and intense competition in Europe, necessitating reorganization efforts. The Metal Engineering division experienced a slowdown in the seamless tubes business due to lower demand in the US and tariff impacts. Automotive components within the Metal Forming division were significantly impacted, leading to ongoing restructuring efforts. The company anticipates continued uncertainty from global trade discussions and regional economic effects, which could impact future performance. Q & A Highlights Q: On the railway business, are you planning to increase disclosures to provide more visibility on its attractiveness? Also, what is the expected year-on-year change in earnings for the railway business? A: We are considering increasing disclosures for the railway business to provide more visibility. This year, we expect railway systems to perform slightly below last year but still maintain a high level. Long-term growth is anticipated in this sector. Q: Regarding restructuring, what are the next opportunities for profit improvement initiatives over the next 12 months? A: We have clear plans for the next two years, focusing on reducing complexity and restructuring supply chains in High Performance Metals and Automotive Components. We aim to streamline operations and improve efficiency, with significant efforts already underway. Q: Can you provide insights into your production footprint in the rail sector and the growth areas you are targeting? A: Our rail production is highly utilized, focusing on European markets. Growth opportunities lie in turnouts, signaling, and fixation systems. We have capacity for expansion in these areas, and recent acquisitions have strengthened our position as a one-stop shop for railway infrastructure. Q: How do you view the impact of potential export restrictions on scrap in Europe, and what is the strategic role of the Corpus Christi HBI facility in your decarbonization plans? A: Scrap is a strategic resource for us, and we have secured long-term contracts and partnerships to ensure supply. The Corpus Christi HBI facility plays a crucial role in our decarbonization efforts, providing essential materials for our green steel production. Q: What is your outlook for European steel prices and volumes in the coming quarters, especially with potential new trade measures? A: We believe European steel prices have bottomed out, and we expect some price improvements. However, the full impact of new trade measures and CBAM is still uncertain. We are cautiously optimistic about a positive trend in the market. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
ProRail contracts Nokia for GSM-R network upgrade
Nokia has received a contract from Dutch rail infrastructure manager ProRail to implement a cloud-native Global System for Mobile Communications for Railway (GSM-R) core network. This initiative aims to modernise the GSM-R core network of the Netherlands' national railway infrastructure, enhancing safety and service reliability for millions of passengers. The project is part of a four-year effort to upgrade ProRail's existing 2G infrastructure and facilitate the transition to Future Railway Mobile Communication System (FRMCS) networks. The modernisation project will provide ProRail with insights into cloud-native technology, allowing for improved railway services and reduced downtime. ProRail mobile communications manager Geert Laureijssen said: 'It is good to see that our partner Nokia is still investing substantially in the development of GSM-R. With the migration towards a cloud-native core network we lay the basis for the next 10 years of GSM-R operation and prepares us for FRMCS.' Nokia will supply, install, and maintain its Nokia Cloud Platform, which includes various components such as the Nokia assurance centre, packet core, registers, intelligent network, and data centre fabric. Additionally, the project will involve enhancements to MantaRay NM, Nokia's unified network management system, as well as the Archive Cloud for automated backup and restoration of network elements. The Nokia Network Services Platform will also be included to automate IP, optical, and microwave networks, contributing to more agile and efficient railway communications for ProRail. Nokia global rail business head Emanuele Di Liberto said: 'Railways are a cornerstone of green and efficient mobility. By beginning the transition to a cloud-native architecture, ProRail is ensuring its communication systems remain secure, reliable, and open to future innovation. 'We are proud to support ProRail in this transformation, which demonstrates the readiness of cloud-native solutions to support mission-critical infrastructure.' The timeline for this transition is critical as rail infrastructure operators prepare for GSM-R lifecycle extensions and strategise their migration to FRMCS across Europe and beyond, according to the company. GSM-R currently serves as the standard for secure railway communications, facilitating essential voice and data for train control and operations. The forthcoming FRMCS is set to provide enhanced data speeds, improved integration, and increased safety measures. In May 2024, Transport for London (TfL) contracted Thales and Nokia to upgrade its multi-services network (MSN) for the London Underground's communications system. "ProRail contracts Nokia for GSM-R network upgrade" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Los Angeles Times
24-06-2025
- Politics
- Los Angeles Times
Dutch authorities investigate possible sabotage against rail network as NATO summit opens
THE HAGUE, Netherlands — Dutch authorities were investigating possible sabotage against the rail network on Tuesday after a power outage left the country's main airport with limited train services as a two-day summit of NATO leaders was opening in the Netherlands. Caretaker Justice Minister David van Weel told the NATO Public Forum that investigators were considering the possibility that fire in some 30 rail cables may have been set intentionally. 'It could be an activist group. It could be another state. It could be anything,' Van Weel said at a roundtable gathering. The damage disrupted rail services and no trains were running between Schiphol Airport and the country's capital, Amsterdam. According to service operator ProRail, a power failure occurred early Tuesday morning in cables near the airport. An investigation revealed 'considerable damage' had been done by a fire according to a statement. Trains were running south, in the direction of The Hague, where world leaders are gathering for the start of a two-day NATO summit. Leaders arriving for the summit were not taking trains: They will be whisked in motorcades along closed-down roads from the airport to hotels and the summit venue. ProRail said it expects normal service to be returned by early evening. Temporary barricades and metal mesh fences surrounding the World Forum summit venue are just a fraction of the major military and police operation called Orange Shield set up to ensure the safety of the alliance's 32 leaders. In what they are calling the biggest security operation ever staged in the Netherlands, authorities are locking down parts of the city, closing off roads and shutting down airspace. About 27,000 police officers — about half of the country's entire force — will be on duty around the summit along with more than 10,000 defense personnel. On Monday, pro-Russian hackers launched a series of denial-of-service attacks on several municipalities and organizations linked to the NATO summit. The National Cybersecurity Center said in a statement that many of the attacks were claimed by a pro-Russian hackers' group known as NoName057(16) 'and appear to have a pro-Russian ideological motive,' but did not elaborate. France's high-speed rail network was the target of sabotage last July, attacked by arsonists ahead of the opening ceremony in Paris of the Olympic Games. Targeting remote locations far from the capital, the apparently coordinated attacks sought to cut off rail routes into the capital from all directions. Fires were predominantly set in pipes containing critical signaling cables for the system known as the TGV. Quell writes for the Associated Press. AP writer John Leicester in Paris contributed.
24-06-2025
- Politics
Dutch authorities investigate possible rail network sabotage as NATO summit opens
THE HAGUE, Netherlands -- Dutch authorities were investigating possible sabotage against the rail network on Tuesday after a power outage left the country's main airport with limited train services as a two-day summit of NATO leaders was opening in the Netherlands. Caretaker Justice Minister David van Weel told the NATO Public Forum that investigators were considering the possibility that fire in some 30 rail cables may have been set intentionally. 'It could be an activist group. It could be another state. It could be anything,' Van Weel said at a roundtable gathering. The damage disrupted rail services and no trains were running between Schiphol Airport and the country's capital, Amsterdam. According to service operator ProRail, a power failure occurred early Tuesday morning in cables near the airport. An investigation revealed 'considerable damage' had been done by a fire according to a statement. Trains were running south, in the direction of The Hague, where world leaders are gathering for the start of a two-day NATO summit. Leaders arriving for the summit were not taking trains: They will be whisked in motorcades along closed-down roads from the airport to hotels and the summit venue. ProRail said it expects normal service to be returned by early evening. Temporary barricades and metal mesh fences surrounding the World Forum summit venue are just a fraction of the major military and police operation called Orange Shield set up to ensure the safety of the alliance's 32 leaders. In what they are calling the biggest security operation ever staged in the Netherlands, authorities are locking down parts of the city, closing off roads and shutting down airspace. About 27,000 police officers — about half of the country's entire force — will be on duty around the summit along with more than 10,000 defense personnel. On Monday, pro-Russian hackers launched a series of denial-of-service attacks on several municipalities and organizations linked to the NATO summit. The National Cybersecurity Center said in a statement that many of the attacks were claimed by a pro-Russian hackers' group known as NoName057(16) 'and appear to have a pro-Russian ideological motive,' but did not elaborate. France's high-speed rail network was the target of sabotage last July, attacked by arsonists ahead of the opening ceremony in Paris of the Olympic Games. Targeting remote locations far from the capital, the apparently coordinated attacks sought to cut off rail routes into the capital from all directions. Fires were predominantly set in pipes containing critical signaling cables for the system known as the TGV.
Time of India
24-06-2025
- Politics
- Time of India
Dutch authorities investigate possible sabotage against rail network as Nato summit opens
AP image THE HAGUE: Dutch authorities were investigating possible sabotage against the rail network on Tuesday after a power outage left the country's main airport with limited train services as a two-day summit of Nato leaders was opening in the Netherlands. Caretaker justice minister David van Weel told the Nato public forum that investigators were considering the possibility that fire in some 30 rail cables may have been set intentionally. "It could be an activist group. It could be another state. It could be anything," Van Weel said at a roundtable gathering. The damage disrupted rail services and no trains were running between Schiphol Airport and the country's capital, Amsterdam. According to service operator ProRail, a power failure occurred early Tuesday morning in cables near the airport. An investigation revealed "considerable damage" had been done by a fire according to a statement. Trains were running south, in the direction of The Hague, where world leaders are gathering for the start of a two-day Nato summit. Leaders arriving for the summit were not taking trains: They will be whisked in motorcades along closed-down roads from the airport to hotels and the summit venue. ProRail said it expects normal service to be returned by early evening. Temporary barricades and metal mesh fences surrounding the world forum summit venue are just a fraction of the major military and police operation called orange shield set up to ensure the safety of the alliance's 32 leaders. In what they are calling the biggest security operation ever staged in the Netherlands, authorities are locking down parts of the city, closing off roads and shutting down airspace. About 27,000 police officers - about half of the country's entire force - will be on duty around the summit along with more than 10,000 defence personnel. On Monday, pro-Russian hackers launched a series of denial-of-service attacks on several municipalities and organisations linked to the Nato summit. The national cybersecurity center said in a statement that many of the attacks were claimed by a pro-Russian hackers' group known as NoName057(16) "and appear to have a pro-Russian ideological motive," but did not elaborate. France's high-speed rail network was the target of sabotage last July, attacked by arsonists ahead of the opening ceremony in Paris of the Olympic games. Targeting remote locations far from the capital, the apparently coordinated attacks sought to cut off rail routes into the capital from all directions. Fires were predominantly set in pipes containing critical signaling cables for the system known as the TGV.
