Alfonso de Gregorio (Gesconsult) | Talgo is a value investment. Its stock price its attractive and it has huge possibilities of winning new contracts which would really boost the company’s valuation. Amongst the risks facing the company, there is the scarcity of contracts in the period 2015-2016, which has generated a certain lack of confidence in the company’s ability to win new contracts.
Talgo has been the big railway company protected by all Spain’s governments. So it’s no suprise that Talgo’s Avril – with its own traction power – has just beaten Alstom and Siemens and won the contract to build 15-high speed AVE trains for state-owned Renfe. The German company hardly even flinched, but the French had their doubts about how the calculations were made and have asked for clarification.
Spanish engineering company Talgo declared yesterday that it was the “virtual winner” of an order from Renfe (the state-owned passenger and freight rail transport operator) after presenting the best technical and economic bid.
MADRID | State-of-the-art wide-body railcars supplied by Talgo will reach 200km/h. and have been specially designed for extreme climatic conditions (-50ºC), among other specific requirements by Kazakhstan.