07.11.2007 18:00:00 CET
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PRESS RELEASE
Paris, 7 November 2007 - 6pm
YOUR OPERATIONAL LEASING SOLUTION
"Grenelle" environment forum in France:
The attention recently focused on the "Grenelle" environment forum in France is further evidence of the current interest and revival in rail, river and sea transport.
The will expressed by the French government to give fresh impetus to the construction of the Seine Nord canal (linking the Seine to the wide-gauge European inland waterway network) and to favor intermodal rail transport is very positive.
The same trend is evident in all European countries. This is demonstrated by the growth in river, rail and sea traffic in 2007, driven by the globalization of trade.
As the largest lessor of river barges in Europe, the second largest European lessor of intermodal railcars and the largest lessor of shipping containers in continental Europe, Touax is making a strong contribution to this revival by providing leasing solutions for river, rail and sea transport operators seeking to accelerate their development.
Following the signature of new contracts, the investments made by Touax will exceed €200 million in 2007, a rise of over 10% compared to 2006.
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The TOUAX Group provides operational leasing of shipping containers, modular buildings, river barges and freight railcars for a global customer base, both for its own account and on behalf of investors.
TOUAX is listed in Paris on NYSE EURONEXT - Eurolist Compartment C (ISIN code FR0000033003) and is part of the Next Prime quality segment of NYSE EURONEXT.
The Group has confirmed its 2007 target of increasing its consolidated net income by over 40% compared to 2006 and will announce its 2008 earnings targets in December 2007.
Contacts:
Fabrice WALEWSKI / Raphaël WALEWSKI Managers touax@touax.com Tel: 01 46 96 18 00 www.touax.com
Sébastien BERRET sberret@actus.fr Tel: 01 53 67 36 52