|

Voith Turbo performed better than expected in 2022/23, according to parent

|

By Bradley Osborne - 24th January 2024

Germany – Voith Turbo, a manufacturer of components including drive systems and transmissions for commercial vehicles, performed well above expectations in the fiscal year 2022/23 (1 October 2022 – 30 September 2023), according to parent company, Voith GmbH & Co KGaA of Heidenheim an der Brenz, Baden-Württemberg.

The group as a whole, which is involved in the papermaking and hydropower industries as well as the supply of parts to road and rail vehicles, performed well, as orders received increased by 19% to EUR6.14bn. Group sales rose by EUR625m, a growth rate of 13%, to EUR5.51bn.

Become a subscriber to read article

Start free trial Already a subscriber? Click here to login.

Choose your subscription

Individual

£420 / annum

✓ 1 × users
✓ 3 × devices per user
✓ Unlimited articles
✓ Article Downloads
✓ Premium Content
✓ Enhanced Company Profiles

Select Subscription

Team

£1,650 / annum

✓ 5 × users
✓ 3 × devices per user
✓ Unlimited articles
✓ Article Downloads
✓ Premium Content
✓ Enhanced Company Profiles

Select Subscription

Group

£3,000 / annum

✓ 10 × users
✓ 3 × devices per user
✓ Unlimited articles
✓ Article Downloads
✓ Premium Content
✓ Enhanced Company Profiles

Select Subscription

Enterprise

£8,500 / annum

✓ Unlimited users
✓ 3 × devices per user
✓ Unlimited articles
✓ Article Downloads
✓ Premium Content
✓ Enhanced Company Profiles

Select Subscription

or Start your 30 day free trial today and get almost unrestricted access. Start your free trial

Subscription Features

Unlimited Article Limits

Access to all articles published daily as well as Truck & Bus Builder archives.

Access Article Downloads

Tables, graphs and statistical information as well as government papers.

Premium Content

Including in depth market reports, feature articles and interviews with industry leaders.