• Touax: ERRATUM Details on the reading of the 2020 revenues from activities previously published in the Press Release of March 24, 2021

    Source: Nasdaq GlobeNewswire / 29 Mar 2021 10:45:00   America/Chicago

    PRESS RELEASE                                                                                                                  Paris, March 29, 2021 – 5.45 p.m.

    THE OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATION

    ERRATUM

    Details on the reading of the 2020 revenues from activities previously published in the Press Release of March 24, 2021

    Touax is publishing today details on the table of revenue from activities by quarter and by division published in the appendix to the press release of March 24, 2021 on FY 2020 results, for the River Barges and Containers divisions.

    The specified table is below:

    ANALYSIS OF CONTRIBUTION BY DIVISION

    Revenue from activities
    (in € thousands)     		Q1 2020 Q2 2020 Q3 2020 Q4 2020 TOTAL Q1 2019 Q2 2019 Q3 2019 Q4 2019 TOTAL
    Leasing revenue on owned equipment 9,198 9,118 8,910 8,860 36,086 8,517 9,287 9,007 9,564 36,375
    Leasing revenue on managed equipment 3,483 3,369 3,329 3,377 13,558 3,422 3,507 3,453 3,460 13,842
    Ancillary services 1,619 2,137 1,845 1,149 6,750 1,456 2,094 1,952 2,664 8,166
    Management fees on managed assets 53 57 73 87 270          
    Total leasing activity 14,353 14,681 14,157 13,473 56,664 13,395 14,888 14,412 15,688 58,383
    Sales of owned equipment 939 662 354 141 2,096 88 61 677 838 1,664
    Total sales of equipment 939 662 354 141 2,096 88 61 677 838 1,664
    Fees on syndication 214 232   746 1,192       1,076 1,076
    Freight railcars 15,506 15,575 14,511 14,360 59,952 13,483 14,949 15,089 17,602 61,123
    Leasing revenue on owned equipment 1,636 1,626 1,755 1,638 6,655 1,618 1,747 1,743 1,510 6,618
    Ancillary services 1,246 439 1,063 1,319 4,067 1,222 1,146 1,502 1,187 5,057
    Total leasing activity 2,882 2,065 2,818 2,957 10,722 2,840 2,893 3,245 2,697 11,675
    Sales of owned equipment       56 56 42     106 148
    Total sales of equipment       56 56 42     106 148
    Fees on syndication       1,046 1,046          
    River barges 2,882 2,065 2,818 4,059 11,824 2,882 2,893 3,245 2,803 11,823
    Leasing revenue on owned equipment 2,578 2,581 2,335 2,054 9,548 1,558 1,331 2,356 2,339 7,584
    Leasing revenue on managed equipment 10,198 9,370 8,453 8,181 36,202 13,119 12,531 11,726 11,605 48,981
    Ancillary services 1,662 2,041 2,469 1,432 7,604 1,818 1,490 2,168 2,786 8,262
    Management fees on managed assets 28 28 28 27 111          
    Total leasing activity 14,466 14,020 13,285 11,694 53,465 16,495 15,352 16,250 16,730 64,827
    Sales of owned equipment 4,065 4,192 6,344 6,409 21,010 1,833 3,009 3,416 3,425 11,683
    Margins on sales of managed equipment 2,128 874 786 581 4,369 831 1,697 1,625 741 4,894
    Total sales of equipment 6,193 5,066 7,130 6,990 25,379 2,664 4,706 5,041 4,166 16,577
    Fees on syndication 18   13 17 48 389 (7) 8   390
    Containers 20,677 19,086 20,428 18,701 78,892 19,548 20,051 21,299 20,896 81,794
    Leasing revenue on owned equipment 13 11 12 19 55 24 22 14 18 78
    Ancillary services 51 (129) (1) (202) (281) 22 2 (8) (134) (118)
    Total leasing activity 64 (118) 11 (183) (226) 46 24 6 (116) (40)
    Sales of owned equipment 868 2,362 4,219 5,501 12,950 1,308 3,855 511 8,179 13,853
    Total sales of equipment 868 2,362 4,219 5,501 12,950 1,308 3,855 511 8,179 13,853
    Other capital gains on disposal 15     1 16   456     456
    Miscellaneous and eliminations 947 2,244 4,230 5,319 12,740 1,354 4,335 517 8,063 14,269
                         
    Total revenue from activities 40,012 38,970 41,987 42,439 163,408 37,267 42,228 40,150 49,364 169,009


    UPCOMING EVENTS

    • May 14, 2021: Q1 2021 Revenue from activities
    • June 23, 2021: Annual General Meeting

     

    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 nearly €1.1 billion under management, TOUAX is a European leader in the leasing of this type of 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 more information: www.touax.com

     

    Contacts:

    TOUAX                                                                                                                                                                                    ACTIFIN

    Fabrice & Raphaël Walewski                                                                                                                           Ghislaine Gasparetto

    touax@touax.com                                                                                                                                           ggasparetto@actifin.fr

    www.touax.com                                                                                                                                                 Tel: +33 1 56 88 11 11

    Tel: +33 1 46 96 18 00                                                                                                                                                                           

     

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