Switzerland · Delayed Price · Currency is CHF Stadler Rail AG Earnings Call Transcripts
Fiscal Year 2025
-
Order intake and backlog reached record highs, with revenue and EBIT margin both rising year-over-year. Investments in technology, sustainability, and workforce development support future growth, while supply chain disruptions and currency effects remain key risks.
-
Inflation and tariff risks in the U.S. are mitigated by contract indexation clauses, with no material margin impact seen yet. Net working capital is expected to remain negative but reduce in 2026, and a significant rise in minority expense is due to participations.
-
Severe natural disasters and supply chain disruptions in 2024 led to production delays and operational shifts, but strategic investments, process harmonization, and expansion in North America and signalling are driving growth. Revenue is set to exceed CHF 5 billion in 2026, with a long-term EBIT margin target of 6%–8%.
Fiscal Year 2024
-
2024 saw major flooding disrupt production, shifting CHF 350 million in revenue to future years, but order intake remained strong and the order backlog reached CHF 29.2 billion. EBIT margin fell to 3.1%, with recovery and strong growth expected by 2026.