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Greenbrier Q4 operating cash flow $183.2 million

Christian Fernsby ▼ | October 23, 2020
The Greenbrier Companies reported financial results for its fourth fiscal quarter ended August 31, 2020.
Greenbrier
Greenbrier   Liquidity was $919.6 million
Fourth Quarter Highlights

Topics: Greenbrier

Liquidity of $919.6 million, including $833.7 million in cash and $85.9 million of available borrowing capacity.

Combined with nearly $200 million of additional initiatives in progress, exceeded the $1 billion liquidity and cost savings target.

Generated operating cash flow of $183.2 million in the quarter primarily driven by decreases in working capital and from syndication activity.

Diversified new railcar backlog as of August 31, 2020 was 24,600 units with an estimated value of $2.4 billion, including orders for 2,800 railcars valued at approximately $250.0 million received during the quarter.

Deliveries in the quarter were 5,100 units.

Net loss attributable to Greenbrier for the quarter was $0.1 million on revenue of $636.4 million.


 

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