As expected, sales for the 3rd quarter of the 2006/2007 financial year have significantly increased to €159 million, a rise of 11% compared to the same period in the previous financial year. This is an increase of 8.8% at a constant Group structure.

The Group recorded sales of €429.9 million for the nine-month period, a growth of 4.2% at current exchange rates and 2.5% at constant exchange rates and constant Group structure. 

At the same time, Faiveley’s commercial activity continued at a sustained rate, similar to previous years.
The order book has reached a record level of €828 million, a rise of more than 20% compared to the 30 December 2005.

‘Our sales efforts are paying off’, states Robert Joyeux, CEO. ‘They has resulted in a very solid and diversified order book with over 800 original equipment contracts’.

Positive Outlook 

Considering the delivery schedules, the outlook is positive and Faiveley confirms its growth objectives for 2006/2007.

 

FAIVELEY, A WORLD LEADER IN THE RAILWAY INDUSTRY

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About the Faiveley Group
The Faiveley Group is one of the world’s leading suppliers of railway systems and services, with six product lines:  air conditioning, electro-mechanics, on-board electronics, braking systems, couplers and customer services.
On a strong international market, Faiveley works closely with train operators and car-builders, and uses it commercial and industrial organisation to assure its development on the global market.

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