What was Talgo's net loss for the year?

Talgo posted a full-year net loss of 107.9 million euros.

What caused Talgo's significant net loss?

The loss was primarily due to a 116 million euro penalty imposed by Renfe.

How did Talgo's profit compare to the previous year?

The firm had reported a net profit of 12.2 million euros a year earlier.

Who acquired a stake in Talgo recently?

Basque steel maker Sidenor agreed to buy 29.7% of Talgo.

What was the outcome of the stake acquisition by Sidenor?

The acquisition brought an end to months of rival bids for a stake in the company.

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Home > Finance > Talgo posts net loss of 108 million euros due to Renfe penalty

Finance

Talgo posts net loss of 108 million euros due to Renfe penalty

Published by Global Banking & Finance Review®

Posted on February 28, 2025

1 min read

Last updated: January 25, 2026

Talgo posts net loss of 108 million euros due to Renfe penalty - Finance news and analysis from Global Banking & Finance Review

Talgo posts net loss of 108 million euros due to Renfe penalty

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Talgo Reports €107.9 Million Net Loss Following Renfe Penalty

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