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Vossloh 2006 net profit slumps, maintains dividend

DUESSELDORF, Germany, March 28 (Reuters) - Net profit at German railway equipment maker Vossloh AG fell by more than half to 20.3 million euros ($27.10 million) in 2006 from 45.1 million in 2005, it said on Wednesday, but it proposed an unchanged dividend of 1.30 euros per share.

It forecast earnings before interest and tax would rise by more than 30 percent in 2007 to around 108 million euros from 82.7 million in 2006.