March 19 (Reuters) - STADLER RAIL AG SRAIL.S:
AROUND CHF 350 MILLION IN SALES HAD TO BE POSTPONED FROM THE 2024 FINANCIAL YEAR TO 2025 AND 2026
2024: THE EBIT MARGIN FELL TO 3.1 PER CENT - 2 PERCENTAGE POINTS LOWER THAN IN THE PREVIOUS YEAR
THE BOARD OF DIRECTORS INTENDS TO PROPOSE A DIVIDEND OF CHF 20 MILLION (CHF 0.20 PER SHARE) FOR THE 2024 FINANCIAL YEAR TO THE ANNUAL GENERAL MEETING
CURRENTLY EXPECTS AN INCREASE IN SALES AND THE EBIT MARGIN TO BETWEEN 4 AND 5 PERCENT IN 2025 DUE TO THE GOOD ORDER SITUATION
FY ORDER BACKLOG AT CHF 29.2 BILLION
SEVERE FLOODING IN VALAIS (CH), DÜRNROHR (AUT) AND ESPECIALLY IN VALENCIA (ESP) LED TO MASSIVE DELAYS AND INTERRUPTIONS IN PRODUCTION AND AFFECTED THE SUPPLY CHAINS IN FY 2024
SALES GROWTH TO OVER CHF 5 BILLION EXPECTED BY 2026
Further company coverage: SRAIL.S
(Gdansk Newsroom)
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