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Jul 9, 2003
Highlights -- Strong performance in both North America and Europe returned Greenbrier to profitability. Earnings from continuing operations of $2.7 million, or $.19 per share, were realized for...
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Jul 8, 2003
The Greenbrier Companies today announced the election of Duane C. McDougall, former president and chief executive officer of Willamette Industries, to the Board of Directors of the Company. Mr....
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Jul 1, 2003
The Greenbrier Companies invites interested shareholders and other stakeholders to listen to its third quarter financial results conference call live over the Internet on Wednesday, July 9th at...
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Jun 24, 2003
Ohio Castings Company, LLC, a joint venture between ACF Industries Holding Corp. (ACF) and The Greenbrier Companies today announced it has reached agreement with ASF-Keystone and Meridian Rail...
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Jun 19, 2003
The Greenbrier Companies, Inc. will join the Russell 3000® Index when the broad-market index is reconstituted June 30, 2003, according to a preliminary list of additions issued by Frank Russell...
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Jun 9, 2003
The Greenbrier Companies announced today that it has received additional orders for over 2,400 railcars valued at $120 million for production in North America. Orders include 1,270 double-stack...
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May 7, 2003
The Greenbrier Companies announced today that it has received orders for 2,800 railcars valued at $130 million for production in North America. Orders include 2,178 Maxi IV double-stack intermodal...
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Apr 15, 2003Greenbrier Grows Backlog to Record Levels; Announces New Orders for 2,800 Railcars, 30% Market Share
The Greenbrier Companies announced that orders for 2,800 railcars valued at nearly $140 million have been received subsequent to its second fiscal quarter ended February 28, 2003. Orders include...
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Apr 9, 2003Highlights -- Enhanced performance in North America and Europe improved bottom line results from the same period last year. Loss from continuing operations of $.8 million, or $.05 per share, was realized for the second quarter of fiscal 2003. This compares to a loss from continuing operations of $3.2 million, or $.22 per share, in the second quarter of fiscal 2002. -- Second quarter fiscal 2003 results included costs of $3.2 million pre-tax associated with certain temporary manufacturing inefficiencies and supplier related issues in North America. -- Management forecasts a return to profitability in the second half of the fiscal year and the year as a whole, as the result of higher production rates, improved margins, and operating efficiencies. -- New orders for 1,500 freight cars, with a value of $90 million, were received during the second quarter. -- New railcar manufacturing backlog in North America and Europe rose to 5,800 units valued at $330 million at February 28, 2003, compared to 5,700 units valued at $310 million at November 30, 2002. -- The Company continues to maintain strong liquidity. After debt paydowns of $17 million in the first half of the year, February 28, 2003 cash balances were virtually unchanged from August 31, 2002 at nearly $60 million; unused lines of credit remained at $110 million in North America.
The Greenbrier Companies today reported improved results for its second fiscal quarter ended February 28, 2003. Both North American and European operations showed significant financial improvement...
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Apr 3, 2003
The Greenbrier Companies announced that, during its second quarter ended February 28, 2003, it received orders for 1,500 railcars valued at $90 million. The orders push the Company's backlog at...