TallGO loses 108 million in 2024 after offering the sanction of Renfe, but reaches record income

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The income has reached a record of 669.2 million euros, 2.5% higher than the previous year. The basic salaries of managers have risen by 11 % and those of the staff have fallen by 2.2 %.

Sebum registered a few to lose by 107.9 million of euros in 2024, compared to the advantage of 12.2 million euros compared to the previous year, after offering the sanction by 116 million imposed Renfe To order a train order more than two years late.

Without this impact, the benefit would be 8.8 million euros, also 28 % lower than 2023, according to its last results accounts, sent to the market closure of this Friday to the National Securities Market Commission (CNMV).

RGross exploitation (EBITDA) It was too Negative, 46.7 million From euros for this provision, and without taking the sanction into account, this would be 69.9 million, 8.6 % lower than 2023.

A year ago, the company transferred that it was the possibility to have to pay Renfe the sanction, but this time it ensures that there has been a substantial change in the chance of dealing with sanctions, “although it will continue to defend that the delay in delivery could not be attributed to the company.

“Talkgo will try to reach a solution that protects their interests and that of its shareholders and reserves the right to go to the courts if necessary,” he says in his profit -and -loss account.

Apart from this impact, INGRThey reached one Record of 669.2 million euros, 2.5% higherAs a result of the increase in industrial activity, in accordance with the calendars of production projects.

Talgo closed 2024 with a request for orders of 4173 million euros, comparable to the previous and balanced year between production, which guarantees income growth with an implementing calendar that covers 2 to 5 years, and maintenance, generates cash and recurring income. More than 80 % of the portfolio corresponds to international projects.

Remunic report

According to the Remuneration Report, the president Van Talkgo, Carlos de Palacio and Oriol, 477,000 euros in 2024, 30 % less than in 2023, because he did not charge a short -term variable that year of 250,000 euros and did not charge this year Basic Alaris rose by 11 %.

At 477,000 euros, another 86,000 euros are added for savings systems (funds and pension schemes in which he collects 502,000 euros) and other concepts (vehicle and life and health insurance) in other group associations, so the total reimbursement of the president amounted to 563,000 euros.

For his part, the CEOGonzalo Urquijo, received 556,000 euros, 44% less, as a result of not receiving that variable compensation, although his salary also Got 11 %At the same time that it received another 39,000 euros from other companies in the group (vehicle and insurance), which increased the total reimbursement to 595,000 euros in 2024.

The Council as a whole calculated 1.7 million euros and the average reward of the template TallGO was 44,000 euros, one 2.2 % less That a year ago, when it reached 45,000 euros.

Source: EITB

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