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Order situation remains at a high level after nine months of 2026 , strong business performance expected in the fourth quarter Orders received increase to € 1,154.5 million ; book - to - bill ratio at 1.06 ; order backlog remains high at € 1,094.0 million Sales revenues increase by 19.6 percent to € 1,086.8 million due to acquisitions - EBITDA rises to € 128.5 million EBIT of € 56.6 million impacted by PPA effects for VTT Europe ( Sateba ) and other special factors Outlook for financial year 2026 , as adjusted in July , confirmed and specified Vossloh AG ( " Vossloh " ) continues to report a strong order situation after nine months . Orders received totaled € 1,154.5 million , up by 21.7 percent on the prior year ( 9M 2025 : € 948.5 million ) . The main reason for this increase was the first - time full consolidation of VTT Europe ( Sateba , orders received of € 178 million ) . However , adjusted for acquisitions , orders received also increased by approximately 3 percent , primarily due to improved demand in North America . The Group's book - to - bill ratio stood at 1.06 in the first nine months of 2026. Accordingly , order backlog increased by 27.8 percent year - on - year to € 1,094.0 million . " The rail infrastructure market remains intact and underlines our confidence in achieving our medium - term ambitions . We are currently facing a number of challenges , not least against the backdrop of ongoing geopolitical tensions in large parts of the world , which are temporarily weighing on our profitability . It is therefore all the more important that we now set the right course for a successful future and , in particular , continue to consistently expand our portfolio of digital solutions , " comments Oliver Schuster , CEO of Vossloh AG . Dr. Thomas Triska , CFO of the company , adds : “ We got off to a very good start in the fourth quarter and remain on track to achieve the targets adjusted in July of this year . For 2027 , we expect the factors currently weighing on profitability to decline noticeably , resulting in significantly improved earnings again . "