Stadler Rail AG : H1 2023 results a shade below expectations, 2023 guidance confirmed
>H1 2023 figures miss expectations - Stadler this morning reported H1 2023 results shy of expectations on sales and EBIT. Orders were down 22% to CHF 4.7bn (consensus at CHF 3.9bn, ODDO BHF at CHF 3.8bn). Sales fell by 12% to CHF 1.3bn, 8% below expectations, due to a higher seasonal effect than in 2022 and a negative forex impact of 3%. The group underscored that supply chain tensions remain but that they have not, at this stage, resulted in any significant...Stadler Rail AG is a Switzerland-based company engaged in design and manufacturing of rail vehicles. The Company's product portfolio includes suburban and regional transport trains, light rail vehicles, trams, high-speed and intercity trains, city transport vehicles, locomotives, passenger trains and tailor-made vehicles. The Company serves customers worldwide.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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