French lessor Touax reported a 20 percent increase in its
revenues last year.
The Paris-headquartered company, which provides operational
leasing Europe-wide, said that consolidated revenues were €363.9
million in 2008, or 31 percent up compared to 2007.
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Of these, leasing revenues saw a 20.1 percent increase to €204.5
million, while revenues from sales of equipment rose 48 percent,
particularly thanks to the purchase of a portfolio of containers
resold to an investor, with the group retaining the management.
The company said that leasing revenues at the freight railcars
division rose 41 percent, benefiting from an increase in the size
of the fleet.
Touax is focused on four leasing areas, shipping containers,
river barges, modular buildings and freight railcars.
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By GlobalData
