Stadler Rail AG
33.84
EUR
-0.02
(-0.06%)
ISIN
CH0002178181
Return %
Stock
S&P 500
1Y
57.54
14.20
3Y
-18.45
81.12
5Y
-18.45
68.34
Capital Structure
CHF
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CHF
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in mil. unless spec.Semi-annual Revenue
CHF
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in mil. unless spec.Semi-annual Earnings Per Share
CHF
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in mil. unless spec.Semi-annual Dividends Per Share
CHF
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in mil. unless spec.Company Description
- CEO
- Markus Bernsteiner
- Full Time Employees
- 18,343
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Ernst-Stadler-Strasse 1 Bussnang TH Switzerland 9565
- IPO Date
- Apr 12, 2019
- Website
- stadlerrail.com
- Similar Companies
- Business
- Stadler Rail AG manufactures railway rolling stock, provides comprehensive service and maintenance solutions, and develops signalling technology for rail operations worldwide. Founded in 1942 and headquartered in Bussnang, Switzerland, the company operates through 16 production and component plants, six engineering centres, and over 80 service locations across more than 30 countries, including subsidiaries in Germany, Poland, Hungary, the United States, Spain, and Romania, as well as joint ventures in Indonesia and India; it employs approximately 16,000 people and trades on the SIX Swiss Exchange under the ticker SRAIL.SW. In its Rolling Stock segment, Stadler designs and produces modular platforms such as the FLIRT regional multiple units (electric, diesel, battery, hydrogen, and bi-mode variants), KISS double-deck trains, SMILE high-speed trains, CITYLINK and Variobahn light rail vehicles, TRAMLINK trams, EURO and EURODUAL locomotives, Regio Shuttle railcars, and custom Tailor-Made solutions including rack railway vehicles, metro trains, and sleeper coaches for narrow-gauge, mainline, metro, and freight applications; the company leads in alternative propulsion with over 280 battery or hydrogen trains sold, including world-first narrow-gauge hydrogen units and the FLIRT H2 that set a 2,803 km non-refueling distance record in 2024. The Service & Components segment offers full-service maintenance contracts (up to 32 years), repairs, modernizations, spare parts, and components like bogies and car bodies, with an order backlog exceeding CHF 7.6 billion; Signalling provides ETCS onboard systems, CBTC for driverless metro operations, interlockings, automation, signals, and digital passenger information, highlighted by a USD 500 million MARTA contract and a €50 million Bergen light rail deal in 2025. Geographically, Stadler derives roughly 60% of revenue from DACH markets (Germany, Austria, Switzerland), with significant exposure to Western and Eastern Europe, North America (5-10%), and emerging CIS and rest-of-world regions like Kazakhstan, Saudi Arabia, and Brazil; target customers include national operators (e.g., SBB, ÖBB, Deutsche Bahn), regional transport authorities, and urban transit systems. Recent developments include order intake of CHF 6.4 billion in 2024 (yielding a CHF 29.2 billion backlog, up 20%) and CHF 1.7 billion in H1 2025, with net revenue of CHF 3.3 billion in 2024 (down 10% due to floods in Switzerland, Austria, and Spain that destroyed assets and deferred CHF 350 million in revenue to 2025-26) and CHF 1.4 billion in H1 2025 (up 8%); key 2024-2025 wins encompass 50 FLIRT trains for Poland, 47 KISS for ÖBB, 24 Lisbon metros, Saudi Arabia market entry (CHF 600 million intercity trains), Kazakhstan plant modernization for 537 coaches with 20-year service, US Salt Lake City expansion (doubling capacity, adding 300 jobs), a new Poland traction inverter centre, Bergen signalling, Gotha TRAMLINK trams, French hybrid units, and DB Regio battery FLIRTs, alongside efficiency measures in Germany (e.g., Berlin Pankow labour pact). Production output rose 7% to CHF 4.2 billion in 2024 despite disruptions, with guidance for 2025 revenue growth over 10% (EBIT margin 4-5%), >CHF 5 billion in 2026, and mid-term 6-8% margins at stable >CHF 5 billion revenue.