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Month Year
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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...
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Apr 2, 2003
The Greenbrier Companies invites interested shareholders and other stakeholders to listen to its second quarter financial results conference call live over the Internet on Wednesday, April 9th at...
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Feb 19, 2003
Two builders and lessors of railroad freight cars, The Greenbrier Companies, Inc. and ACF Industries Holding Corporation, announced today that they were unsuccessful bidders to purchase the assets...
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Jan 7, 2003Highlights - First quarter 2003 results from continuing North American operations were nearly break-even on revenues of $97 million. This compares to a loss of $.8 million on revenues of $71 million from North American operations in the first quarter of 2002. - Enhanced performance in North America and Europe in the first quarter of fiscal 2003 led to improved bottom line results. A net loss of $.7 million, or $.05 per share, was realized for the quarter. This compares to a net loss of $5 million, or $.36 per share, in the first quarter of fiscal 2002. - The Company received new orders for 1,700 freight cars in its first quarter of fiscal 2003, with a value of approximately $115 million. - New railcar manufacturing backlog in North America and Europe continued to rise to 5,700 units valued at $310 million at November 30, 2002, compared to 5,200 units valued at $280 million at August 31, 2002. - The Company continues to maintain strong liquidity. After debt paydowns of $7 million, first quarter 2003 cash balances were virtually unchanged at nearly $60 million; unused lines of credit approached $110 million in North America. - Subsequent to November 30, 2002, Greenbrier received a U.S. tax refund of nearly $15 million in cash related to tax benefits recorded in 2002.
The Greenbrier Companies today reported results for its first fiscal quarter ended November 30, 2002. Both North American and European operations showed significant financial improvement against...
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Jan 5, 2003
The Greenbrier Companies invites interested shareholders and other stakeholders to listen to its first quarter financial results conference call live over the Internet on Tuesday, January 7th at...
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Dec 12, 2002
Gunderson Rail Services, a division of The Greenbrier Companies, Inc. , announced it has received orders for 100 new-generation and 106 modified mechanical refrigeration boxcars. The customer,...