Stadler Rail up after report says path cleared for Berlin S-Bahn order

Siemens AG

29/06/2026 10:52

** Shares of Stadler Rail SRAIL.S rise nearly 2% with analysts pointing to a media report that legal obstacles were removed for the long-delayed Berlin S-Bahn contract award
** J.P. Morgan analyst Akash Gupta says that German newspaper Berliner Zeitung on Friday reported that French rival Alstom ALSO.PA would not pursue further legal action over the Berlin S-Bahn tender
** Berliner Zeitung said this clears the way for the city of Berlin to order 1,400 new trains from a consortium of Siemens SIEGn.DE, Stadler AG and German rail operator Deutsche Bahn
** ZKB analyst Tobias Klöpper says the green light for the S-Bahn contract marks the next step towards getting the Berlin plant back on track after several difficult years
** "We welcome the decision," Stadler told Reuters in an email, adding that as part of the project, the company is to supply 350 four-car S-Bahn trains, ensure their maintenance for 30 years, and take over operations on the North-South and Stadtbahn sub-networks for 10 years
** Alstom was not immediately available for comment
** Shares of Stadler Rail are up 14.36% year-to-date
** Alstom shares are down 1.4% at 0945 GMT
     

(Reporting by Simon Ferdinand Eibach)
((Simonferdinand.eibach@thomsonreuters.com))