Market Research Future (MRFR), in its recently released research report, claims that the global Railway Management System Market 2020 is booming and projected to expand rapidly over the review period, achieving a significant business value and a reasonable CAGR of 11.02% over the forecast period.
The global Railway Reservation Management System Market is mainly driven by the increasing preference of consumers for a cost-effective and swift mode of transportation. Increasing demand for improved efficiency across the rail industry is expected to fuel market growth. A railway management system helps to enhance railway efficiency without compromising on customer safety.
This week, Durig Capital looks to the skies as it reviews an issuer that is focused on the design and manufacture of aircraft parts and systems. Triumph Group has spent the past few years shedding non-core business assets, consolidating locations and streamlining its operations with an eye to cost reductions. Its latest quarterly results showcase its progress on this journey. Its fiscal year 2019 first quarter results included the following:
A 6.5% increase in net sales as compared to Q1 FY 2018
An increase of 126% in adjusted EBITDA as compared to the prior year period.
Interest coverage was an outstanding 2.3x for Q1
Triumph Group is projecting a 5% increase in net sales in FY 2019.
Backlog increased by 5% over the previous year period.