Touax reported stable sales volumes and operating performance for the first half of the year on Thursday, against a backdrop of normalization in its container business after two "exceptional" years for the industry.

In a slowing economic environment, the freight car, river barge and container leasing specialist recorded adjusted revenue from operations of 79.1 million euros for the first six months of the year, compared with 78.3 million a year earlier.

Ebitda fell slightly to 28.9 million euros from 29.5 million in the first half of 2022, with net income, Group share down to 5.1 million euros from 7.6 million euros at the end of June 2022.

While the Group is cautious about market conditions, it stresses that its activities should continue to benefit from the growing awareness of the need to decarbonize the economy and transport, and from the need to renew infrastructures.

Touax shares, listed on the Paris stock exchange, fell by around 2% on Thursday following this publication.

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