07.01.2010 20:15:00 CET
Encouraging signs in the industry in the second half of the year 2009
Despite the general drop in leasing rates during 2009, encouraging signs appeared concerning utilization rates in the second half of the year. From June 30 2009 to December 31 2009, utilization rates for shipping containers increased from 87 % to 90 %. Furthermore, new railcar lease requests came in by year-end 2009.
The Modular Buildings market remained competitive during 2009 with contrasting trends in different regions (strong resistance in Germany, Belgium, and Poland, difficult situation in Spain and the USA, stiff competition in France and the Czech Republic). However utilization rates rose slightly by year-end as well.
The TOUAX Group provides its operational leasing services to a global customer base, both for its own account and on behalf of investors. TOUAX is the leader in shipping containers and river barges in continental Europe and number two in modular buildings and freight railcars (intermodal railcars). TOUAX is well positioned to take advantage of the rapid growth in corporate outsourcing of non-strategic assets and every day offers efficient and flexible leasing and sales solutions to more than 5,000 customers.
Touax is listed in Paris on NYSE EURONEXT - Euronext Paris Compartment C (ISIN code FR0000033003), and is part of the SBF 250 and Small CAC 90 indices. www.touax.com
Contacts :
TOUAX Fabrice & Raphaël WALEWSKI Managing Partners touax@touax.com www.touax.com Tel : +33 (0)1 46 96 18 00
ACTIFIN Jean-Yves BARBARA jybarbara@actifin.fr Tel : +33 (0)1 55 88 11 11