Switzerland's Stadler Rail H1 revenue rises on high vehicle deliveries and production

Stadler Rail AG

26/08/2026 06:14

Overview
Switzerland rail vehicle maker's H1 revenue rose 40% yr/yr to CHF 2.0 bln
Order intake for H1 climbed to CHF 2.7 bln, order backlog hit CHF 33.3 bln

Outlook
Stadler expects 2026 revenue to be well over CHF 5 bln
Company expects 2026 EBIT margin of over 5%
Medium-term EBIT margin guidance at 6-8%, revenue to remain above CHF 5 bln

Result Drivers
HIGH VEHICLE DELIVERIES - Revenue growth driven by numerous vehicle deliveries and high production output in H1 2026
INVESTMENTS IN CAPACITY - Targeted investments in plants and expanded production capacity contributed to higher output
CURRENCY IMPACT - Strong Swiss franc reduced consolidated revenue by CHF 30 mln

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
CHF 2 bln
 
H1 Order Backlog
 
CHF 33.30 bln
 
H1 Orders
 
CHF 2.70 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for Stadler Rail AG is CHF23.25, about 5.2% below its August 25 closing price of CHF24.52
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Aug 24 - Swiss industry fears tariff gap to European Union could hurt US exports
Aug 25 - Germany's MS Industrie returns to profit in H1
Aug 25 - Strattec Security Q4 results flat as better-than-expected vehicle production offset volume declines

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)