Talgo sees rising revenue and bulging backlog in second half of 2023
In the initial nine months of 2023, revenues for Talgo surged to 470.3 million euro, marking a substantial 33.5 percent rise compared to the corresponding period in the preceding year. This notable upswing is primarily attributed to heightened industrial activity. Talgo discloses that its latest contracts, valued at over 1.9 billion euros, have been instrumental in propelling the order backlog to 4.2 billion euros.
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