Reports Q1 revenue $876M vs. $808.8M last year. “Greenbrier (GBX) achieved impressive results in the first quarter of fiscal 2025, delivering exceptional bottom-line performance and ROIC within our long-term range. The ongoing expansion of the lease fleet and the resulting recurring revenue is very encouraging. Our strong aggregate gross margin for the quarter was driven by a product mix weighted to more profitable railcar types and continued optimization in our manufacturing processes and capacity. We continue to streamline our business with the combination of our Manufacturing and Maintenance Services segments into one reportable segment, part of a strategic organizational alignment that commenced one year ago.” said Lorie Tekorius, CEO. “While we observe demand easing slightly for certain railcar types and in some markets, we are affirming our full-year guidance and expect demand to increase as 2025 progresses. We are dedicated to executing our strategy to deliver strong performance, reduced cyclicality, and enhanced long-term shareholder value. Our results demonstrate our ability to thrive even in less than optimal business conditions. With a leading market position, a healthy backlog of new railcar orders, increasing predictability in growing areas of our business, and a continued focus on operational efficiencies, we anticipate sustainable results across various market conditions”.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
