• Talgo swung to positive EBITDA of EUR 46.2 million in the first nine months of 2026.
• Revenue climbed 29% to EUR 572 million, driven by higher manufacturing execution and contributions from maintenance and train refurbishment.
• The order backlog reached a record EUR 6.48 billion, while new orders totaled EUR 2.58 billion.
• Full-year 2026 revenue guidance remained unchanged at EUR 700 million–800 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Talgo SA published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.