Official market launch on the Polish market and major orders from DB Fahrwerkdienste GmbH and Irish Rail.
>Revenue in the Funkwerk Group increased by 20.2 % to EUR 122.9 million in the first nine months of 2024.
>The previous sole shareholder Wilhelm Lotz is selling the company for reasons of age. The purchase agreement was signed today and the economic transfer is expected to take place on 2 January 2025.
>Order intake grows to EUR 112.4 million (previous year: EUR 72.6 million) and order backlog to EUR 211.3 million (previous year: EUR 163.5 million).
>In the first three months of 2024, Funkwerk achieved group-wide sales growth of 15.8 % to EUR 32.4 million compared to EUR 28.0 million in the same period of the previous year.
>Funkwerk Group continues successful corporate development in the 2023 financial year
>Funkwerk was able to continue its positive business performance in 2023 and is expected to exceed the target figures updated in November.
>Strengthening expertise in public transport in the DACH market
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