Investegate |TOUAX Announcements | TOUAX: Touax: Q1 2021 restated revenues from activities
The Freight Railcar activity fell slightly with lower sales but an increase in leasing activity: Owned activity decreased with the decline in sales of owned equipment, partially offset by the increase in owned leasing activity. Management activity declined with the lack of syndication in Q1 2021 while management fees increased following the syndications in 2020. The River Barge activity decreased given the ancillary services that posted lower freight revenues over the period, but the average utilisation rate increased to 99.2%. The Containers activity declined, with a conversion impact lin...
Source: investegate.co.uk
