The company's order backlog on June 30 amounted to €4.93bn, more than of 86% of which is accounted for by international orders, a reflection both of recent success in foreign markets and flatlining demand for new rolling stock in Spain.

The Ebitda margin on June 30 stood at €120.4m, an increase of 8% compared with the figure at the end of June 2012. However, first half net revenues declined significantly from €935.7m in the corresponding period last year to €780.9m.