Stadler Rail AG : 2019 and 2020 estimates revised downwards: Buy rating maintained, target price lowered to CHF 54.0
>Profit warning triggered by strong growth - Management announced on Friday that 2019 sales would come in at around CHF 3.2bn and the EBIT margin at only 6%: the previous guidance was for CHF 3.5bn less the forex impact (stronger CHF, lower NOK & SEK), a margin of 7%. The group cited costs in connection with strong growth in sales and the headcount, cost overruns for the East Anglia project and the ongoing currency impacts. In 2020, other costs relating to growth are...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.