Kryukiv Wagon continues strong output in August
17 September 2010
Kryukiv Wagon (UX: KVBZ UK) produced 873 freight railcars in August and a total of 6,112 for 8M10. Yegor Samusenko: The plant is working close to full capacity and its output in 2010 is at a historical high, driven by a strong demand for railcars in Russia. We expect the trend to continue and forecast Kryukiv Wagon to make 8,500 railcars in 2010 and post a USD 539 mln top line and USD 76.8 mln in EBITDA 2010E.
