Stadler Rail falls pre-market after 'weaker' H1 results

Stadler Rail AG

27/08/2025 07:49

** Shares in Stadler Rail SRAIL.S are seen down about 4% in Julius Baer pre-market after the Swiss trainmaker reported H1 results below expectations

** Vontobel says that H1 sales came "slightly weaker than anticipated" but increased 8% to CHF 1.4 bln

** The broker also points that H1 order intake fell 33% y/y to CHF 1.7 billion  ($2.12 billion), 24% below consensus

** "1H25 results show a softening in order patterns, while production output is on the rise", Vontobel says, adding cash flows are sharply negative as a consequence

** "Sales and profitability should only increase into 2026, and it will thus still take some time before the company can show its ability to translate its order book into shareholder value," the broker adds

($1 = 0.8019 Swiss francs)

 (Reporting by Amir Orusov)

 ((Amir.orusov@thomsonreuters.com))