Vossloh AG announced earnings results for the first quarter of 2016. For the period the company announced sales of EUR 240.1 million compared to EUR 259.8 million a year ago. EBIT was EUR 2.3 million compared to LBIT of EUR 2.2 million a year ago. ROCE was 1.2% compared to negative ROCE of 1.1% a year ago. Net income was EUR 3.8 million compared to net loss of EUR 1 million a year ago. Earnings per share was EUR 0.21 compared to loss per share of EUR 0.19 a year ago.

For the fiscal 2016 the company expects, sales to be between EUR 1.2 billion and EUR 1.3 billion and a further continuous improvement in operational profitability.