Report
Delphine Brault

Stadler Rail AG : Improvement well underway. We remain positive on the stock

>We are making only marginal adjustments to our 2021 and 2022 estimates - We have revised our forecasts with the new guidance provided. We expect sales of CHF 3.7bn this year, then CHF 4.1bn. Our EBIT margin forecast now stands at 6.3% in 2021e, then 7.5% (2022e) and 8.3% (2023e). This would take it back to 2016-2017 levels. Stadler reconfirmed that COVID is still acting as a drag on the potential of services, and productivity in its factories, but the group is doing...
Underlying
Stadler Rail AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Delphine Brault

ResearchPool Subscriptions

Get the most out of your insights

Get in touch