Latest news with #TOUAX
Yahoo
22-05-2025
- Business
- Yahoo
Touax: availibility of documents shareholder's meeting 12 06 2025
REGULATED INFORMATION Paris, 22 May 2025 5:45 PM YOUR OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATION Availability of documents Annual shareholders' meeting of June 12th, 2025 TOUAX informs its shareholders that its combined Annual Shareholders' Meeting will be held on Thursday June 12, 2025 at 3:00 p.m. at Châteauform' Learning Lab La Défense, 40 passage de l'Arche, 92800 Puteaux, France. The official meeting announcements have been published in the BALO (Bulletin des Annonces Légales Obligatoires) on May 7, 2025. Pursuant to Article 221-1 of the 'Règlement général' of the 'Autorité des marchés financiers', information mentioned in Article R.225-83 of the French Commercial Code is already available to shareholders, in accordance with the applicable French laws and regulations, and under the following conditions: 1. the documents and information included in the aforementioned article are posted on the company's website ( any shareholder is able to receive or review these documents at the company's offices, through a request addressed :- either by mail to the head office,- or by means of electronic telecommunication by e-mail at the following address: assembleegenerale@ In accordance with the applicable French laws and regulations, the documents and information mentioned in Article R. 22-10-23 of the French Commercial Code are available on the company's website ( TOUAX Group leases out tangible assets (freight railcars, river barges and containers) on a daily basis throughout the world, for its own account and on behalf of third party investors. With €1.2 billion under management, TOUAX is one of the European leaders in the operational leasing of this type of equipment. TOUAX SCA is listed in Paris on EURONEXT – Euronext Paris Compartment C (Code ISIN FR0000033003) and on the CAC® Small and CAC® Mid & Small indexes and in EnterNext PEA-PME. For more information: Contacts: TOUAX SEITOSEI ● ACTIFIN Fabrice & Raphaël WALEWSKI Ghislaine GASPARETTOManaging Partners ggasparetto@ Tel: +33 (0)1 56 88 11 11Tel: +33 (0)1 46 96 18 00Attachment 2025 05 22 TSCA - availibility of documents shareholder's meeting 12 06 2025Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Touax: Increase of the activity level in 1st quarter 2025
PRESS RELEASE Paris, 15 May 2025 – 5:45 pm YOUR OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATION Increase of the activity level in 1st quarter 2025 Business volume of €39.0 million (+7.2%)1 Growth in owned activity (+€2.0 million; +5.7%) Total restated revenue2 for the 1st quarter 2025 amounts to €39.0 million (€38.5 million at constant currency and scope3), compared to €36.4 million of restated revenue at the same period in 2024. Restated Revenue from activities Q1 2025 Q1 2024 Leasing revenue on owned equipment 17,136 19,381 -2,245 Ancillary services 4,728 3,021 1,707 Sales of owned equipment 14,731 12,213 2,518 Total of owned activity 36,595 34,615Total of management activity 2,204 1,765Other capital gains on disposals 211 0 211 Total Others 211 0Total Restated Revenue from activities 39,010 36,380Revenue from Owned activity amounts to €36.6 million in the first three months of the year, including: €17.1 million for leasing revenue of owned equipment, a -€2.2 million decrease mainly from the Freight Railcars activity. €4.7 million for ancillary services, up by +€1.7 million, mainly on Containers activity. €14.7 million for sales of owned equipment (+€2.5 million), up across all business lines. Revenue from Management activity amounts to €2.2 million (+24.9% over the first quarter), with joint increases in syndication fees for the River Barges activity and in sales fees on second-hand equipment owned by investors for the Containers activity. The slowdown in the Freight Railcars activity was offset by incomes from other activities (River Barges, Containers and Modular Buildings), confirming the strength of TOUAX's business model, characterised by a diversified product offering and a strong global presence in various complementary business segments. ANALYSIS OF THE CONTRIBUTION BY DIVISION Restated Revenue from activities Q1 2025 Q1 2024 Leasing revenue on owned equipment 11,410 12,234 -824 Ancillary services 863 1,137 -274 Sales of owned equipment 651 136 515 Total of owned activity 12,924 13,507Total of management activity 520 746Total Freight Railcars 13,444 14,253Leasing revenue on owned equipment 1,904 1,749 155 Ancillary services 1,520 1,196 324 Sales of owned equipment 297 1 296 Total of owned activity 3,721 2,946Total of management activity 629 32Total River Barges 4,350 2,978Leasing revenue on owned equipment 3,822 5,394 -1,572 Ancillary services 2,345 688 1,657 Sales of owned equipment 9,811 8,955 856 Total of owned activity 15,978 15,037Total of management activity 1,055 987Other capital gains on disposals -2 0 -2 Total Others -2 0Total Containers 17,031 16,024Leasing revenue on owned equipment 0 4 -4 Sales of owned equipment 3,972 3,121 851 Total of owned activity 3,972 3,125Other capital gains on disposals 213 0 213 Total Others 213 0Total Miscellaneous and eliminations 4,185 3,125 Total Restated Revenue from activities 39,010 36,380The Freight Railcars activity is down by -€0.8 million (-5.7%) during the first quarter, impacted by the decrease in leasing revenue on owned equipment and ancillary services due to lower volumes on maintenance contracts. With the slowdown in the European intermodal rail transport market, we see a decline in the average utilisation rate to 80.8% over the quarter, partly offset by the good performance of the business in India where Touax Rail has been present since 2011. Management activity also decreased by -€0.2 million, with lower syndication volumes. The River Barges activity increased by +€1.4 million compared with the 1st quarter of 2024. This increase of +46.1% reflects the good performance of the owned activity (+€0.8 million) and the management activity (+€0.6 million). The division's performance is illustrated by its average utilisation rate of 98.2% for the quarter (against 92.5% the previous year). Revenues in the Containers activity amounted to €17.0 million, +€1.0 million over the period, with a satisfactory average utilisation rate of 96.4%. In 2024, leasing revenue on owned equipment incorporated the invoicing of the full leasing contract to Kalypso, which went bankrupt. This invoicing, which was fully depreciated, artificially inflated leasing revenue. By eliminating this effect, leasing revenue rose by +€0.4 million (+11.7%) in the first quarter. Ancillary services increased by +€1.7 million with the resumption of invoicing of pick-up charges. Sales of owned equipment also increased by +€0.9 million over the period (mainly related to the trading of new containers). Management activity remains stable (+€0.1 million), driven by sales fees on investor equipment. The Modular Buildings activity, accounted in the "Miscellaneous" line, increase by +€1.1 million (+34%) during the first quarter 2025. OUTLOOK The short term outlook is mixed. Geopolitical issues, announcements on US tariffs and the low European economic growth (impacting intermodal rail transport) are generating uncertainties about world trade growth. On the other hand, possible trade agreements and the end of the war in Ukraine could reverse the trend and have positive effects at the end of the year. Over the medium and long term, the underlying trend remains positive for all the Group's activities. The growing demand for environmentally friendly transport solutions (intermodal, rail and river) is a strong support for our activities. Asset management on behalf of third parties continues to perform well, driven by investor interest in leasing investment strategies for real assets linked to infrastructure and sustainable transport. UPCOMING EVENTS June 12, 2025: Annual General Meeting September 18, 2025: Videoconference presentation of the half-year results, in French September 19, 2025: Videoconference presentation of the half-year results, in English TOUAX Group leases out tangible assets (freight railcars, river barges and containers) on a daily basis worldwide, both on its own account and for investors. With €1.3 billion of assets under management, TOUAX is one of the leading European players in the leasing of such equipment. TOUAX is listed on the EURONEXT stock market in Paris - Euronext Paris Compartment C (ISIN code: FR0000033003) - and is listed on the CAC® Small, CAC® Mid & Small and EnterNext©PEA-PME 150 indices. For further information please visit: Contacts : TOUAX SEITOSEI ● ACTIFINFabrice & Raphaël WALEWSKI Ghislaine Gasparettotouax@ Tel : +33 1 56 88 11 22 +33 1 46 96 18 00 APPENDICES 1 – Analysis of revenue from activities Revenue from activities Q1 2025 Q1 2024Leasing revenue on owned equipment 17,136 19,381 Ancillary services 5,880 3,644 Sales of owned equipment 14,731 12,213 Total of owned activity 37,747 35,238 Total of management activity 8,672 9,888 Other capital gains on disposals 211 0 Total Others 211 0 Total Revenue from activities 46,630 45,126 2 - Table showing the transition from summary accounting presentation to restated presentation Revenue from activities Q1 2025 Retreatment Restated Q1 2024 Retreatment RestatedQ1 2025 Q1 2024 Leasing revenue on owned equipment 17,136 17,136 19,381 19,381 Ancillary services 5,880 -1,152 4,728 3,644 -623 3,021 Sales of owned equipment 14,731 14,731 12,213 12,213 Total of owned activity 37,747 -1,152 36,595 35,238 -623 34,615 Total of management activity 8,672 -6,468 2,204 9,888 -8,123 1,765 Other capital gains on disposals 211 211 0 0 Total Others 211 0 211 0 0 0 Total Revenue from activities 46,630 -7,620 39,010 45,126 -8,746 36,3801 Business volume is equivalent to the restated revenue from activities 2 To ensure an understanding of the performance of the activities, the key indicators of the Group's activity report are presented differently from the IFRS income statement. For this reason, no distinction is made in the management of third-party accounts, which is presented exclusively as an presentation allows for a direct reading of the management activity, including syndication fees, sales fees and management presentation does not result in any difference in operating EBITDA, operating profit and net profit. The accounting presentation of the revenues of the activities is reported in the annex to the press release. 3 Based on a comparable structure and on average exchange rates at 31 March 2024 Attachment ENG TOUAX Press release - Q1 2025
