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Talgo S.A. ( (ES:TLGO) ) just unveiled an announcement.
Talgo S.A. has secured a significant contract with FlixTrain, a subsidiary of Flix SE, for the manufacture and maintenance of up to 65 Talgo 230 train compositions, valued at up to 2.4 billion euros. This contract, which includes an initial order of 30 trains, enhances Talgo’s position in the European intercity rail market and supports its growth strategy, emphasizing the company’s commitment to sustainability and technological advancement.
More about Talgo S.A.
Talgo S.A. is a company in the rail industry, specializing in the manufacture and maintenance of high-speed trains and intercity rail solutions. The company focuses on the European market, aligning with regional efforts to decarbonize passenger transport through innovative and sustainable solutions.
Average Trading Volume: 156,949
Technical Sentiment Signal: Sell
Current Market Cap: €394.1M
For detailed information about TLGO stock, go to TipRanks’ Stock Analysis page.