VTG Aktiengesellschaft / Miscellaneous
04.09.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Press Release
VTG share to be listed on SDAX
Hamburg, 4 September 2008. After just over one year as stock listed
company, Hamburg based VTG Aktiengesellschaft (SCN: VTG999), one of
Europes leading rail logistics and wagon hire companies, will be listed on
the SDAX index as of 22 September 2008. This was announced by Deutsche
Börse AG yesterday evening. Based on share trading volume and freefloat
market capitalization as well as excluding the companies listed in the
German blue chip index DAX, VTG belongs with this to the 110 largest stock
listed companies in Germany.
'We are very happy about our rise to the SDAX index and the increased
attention for our share that goes along with this', says Dr. Heiko Fischer,
CEO of VTG AG. The listing on the SDAX is a confirmation for the clear
growth strategy of VTG. As the so far first stock listed rail logistics
company in Europe, VTG is excellently positioned in the growing rail
logistics market and thus makes an attractive investment. With the planed
IPO of Deutsche Bahn Mobility Logistics VTG expects even more interest from
the capital markets in the rail sector.
VTG profits from the increasing importance of the railway as an
environmentally friendly and secure mode of transport. Together with the
currently high demand for transport capacities and logistics services, the
significantly lower energy consumption of rail in comparison to road
transportation provides additional growth impulses. The business model of
VTG is characterized by stable cash flows, generated by long-ranging
predictable income from wagon hire. At the same time VTG follows a
consistent growth path, constantly enlarges its service portfolio and also
expands into new markets.
About VTG:
VTG Aktiengesellschaft is one of Europes leading rail logistics and wagon
hire companies. The company has the largest private wagon fleet in Europe.
Globally the fleet consists of about 49,300 rail freight cars with a focus
on tank cars and state of the art high capacity freight cars and flat cars.
In addition to the hiring of rail freight cars, the Group offers global
tank container transport and comprehensive multi-modal logistics services
mainly around rail transport.
With the combination of its three interrelated divisions Wagon Hire, Rail
Logistics and Tank Container Logistics VTG offers its clients a
high-performance platform for international transport of their freight. The
Group has many years of experience and specific know-how in particular in
the transport of liquid and sensitive goods. Its customers include numerous
well-known companies from almost all industrial sectors such as, for
example, chemicals, mineral oil, the automobile or paper industries.
In the financial year 2007 VTG generated operating revenues of EUR 541.4
million and an operating result (EBITDA) of EUR 137.0 million. Via its
subsidiaries and affiliates the company, which has its head office in
Hamburg, is mainly present in Europe, Asia and North America. As at 30 June
2008 VTG employed 833 employees worldwide in consolidated companies. Since
June 2007 VTG AG has been listed on the official Prime Standard market of
the Frankfurt Stock Exchange (SCN: VTG999).
Press contact:
Bettina Fries
Telephone: +49 (0) 211 430 79-70
Fax: +49 (0) 211 430 79-79
Email: bfries@heringschuppener.com
Investor Relations:
Felix Zander
Telephone: +49 (0) 40 23 54-1351
Fax: +49 (0) 40 23 54-1350
Email: felix.zander@vtg.com
Information also available at www.vtg.com
DGAP 04.09.2008
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Language: English
Issuer: VTG Aktiengesellschaft
Nagelsweg 34
20097 Hamburg
Deutschland
Phone: 040 2354 0
Fax: 040 2354 1199
E-mail: info@vtg.de
Internet: www.vtg.de
ISIN: DE000VTG9999
WKN: VTG999
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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DGAP-News: VTG Aktiengesellschaft: VTG share to be listed on SDAX
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