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Voestalpine expects railway systems revenue to reach €3 billion by 2030/31

Voestalpine expects railway systems revenue to reach €3 billion by 2030/31

- Austrian speciality steelmaker Voestalpine VOES.VI said on Tuesday it expected revenue from its railway systems segment to reach €3 billion ($3.4 billion) by its 2030/31 financial year.

Railway systems made up around 15% of Voestalpine's revenue in fiscal 2025/26.

The company also plans to expand operations in its aerospace, warehouse & rack solutions, and tubes & sections business areas, it added.

($1 = 0.8723 euros)


(Reporting by Tristan Veyet in Gdansk, editing by Milla Nissi-Prussak)

((Tristan.veyet@thomsonreuters.com;))

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