Earnings Calls

Last Earnings Call

Fiscal Period
Q2 2025
Call Date
Aug 27, 2025
AI Summary
Q2 2025

Revenue Growth: Stadler's first half 2025 revenue rose over CHF 100 million year-on-year to CHF 1.4 billion, a record for the period.

Order Backlog: The order backlog increased by CHF 200 million and now stands at CHF 29.4 billion, ensuring strong future revenue visibility.

Profitability Improvement: Group result (net profit) grew 12% to CHF 30.9 million, and EBIT margin improved by 0.4 percentage points to 2.6%.

Cash Flow & Investments: Free cash flow was minus CHF 744 million, impacted by high production output and investments; CHF 250 million CapEx planned for 2025.

Guidance Confirmed: Management expects revenue to increase by significantly more than 10% in 2025 and to exceed CHF 5 billion in 2026, with EBIT margin targeted at 4-5% in 2025 and 6-8% mid- to long-term.

Operational Challenges: Recovery from 2024 weather events continues, but measures taken have stabilized production; some impacts will extend into 2026.

Strong Market Position: Stadler reinforced its leadership in battery and hydrogen trains, with over 300 sold and significant new contracts in key European markets.

Key Financials
Revenue
CHF 1.4 billion
Order Backlog
CHF 29.4 billion
Order Intake
CHF 1.7 billion
EBIT
CHF 37 million
EBIT Margin
2.6%
Gross Margin
11.6%
Net Profit
CHF 30.9 million
Free Cash Flow
minus CHF 744 million
Net Cash
minus CHF 407 million
Net Working Capital
minus CHF 291 million
CapEx
CHF 120 million (first half 2025)
Production Output
CHF 2.332 billion
Order Intake – Rolling Stock
CHF 1.4 billion
Order Intake – Services
CHF 264 million
Order Intake – Signalling
CHF 52 million
Employees
almost 16,600
Earnings Call Recording

Other Earnings Calls

2025