26.08.2020
Artikel Nummer: 32914
Switzerland: full order book despite Covid-19
Despite the coronavirus crisis, Swiss rail manufacturer Stadler did not experience a slump in demand in H1/2020 and thus maintained its strong market position. No current orders were cancelled, and in H1/2020 Stadler received new orders totalling CHF 3.1 billion, 1.2 billion of which involve the service & components division, Stadler said.
However, in contrast to the very solid order situation, Stadler's net revenue, profitability and cash flow were significantly impacted by the coronavirus crisis. Overall, net revenue in the reporting period fell by 16% in relation to H1/2019. For the second half of the year, Stadler expects a strong increase in revenue and profitability in relation to H1/2020. (ben)