03.02.2020
Artikel Nummer: 30541
Rail vehicle manufacturer's order books exceed expectations
The Swiss rail vehicle manufacturer Stadler Rail is heading for a record intake of over CHF 5 billion. In the service division in particular, the number of incoming orders significantly exceeded expectations, the company said. In total, Stadler delivered 444 vehicles last year – about 80% more than in 2018.
Over the past few years, the company invested in new technologies and was able to bring them to market much sooner than expected.
However, because of these investments and distortions from exchange rates, revenues remained somewhat below expectations despite the record high number of incoming orders. For the current financial year, Stadler again anticipates a double-digit growth in revenue. (ben)