Stadler Rail AG : 2019 and 2020 targets adjusted downwards: temporary growth issues
>Profit warning - The management announced this morning that 2019 sales will be around CHFÂ 3.2bn and the EBIT margin just 6%: the previous target was CHFÂ 3.5bn less the FX impact (rise of the Swiss franc in particular) and a 7% margin. The group attributed the difference to costs relating to growth investments, additional costs for the East Anglia project and the further rise of the Swiss franc (and the weakness of the Norwegian krone in particular). In 2020, costs r...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.