The Canton of Thurgau car Builder Stadler Rail has increased in the last year earnings. Below the line, the value of the 128.5 million Swiss francs, or 8 per cent more than in the previous year, as the company writes in a message from Thursday.
All other figures are for the end of January, of the order of magnitude known. Sales rose significantly more than the profit by 60 percent to 3.20 billion Swiss francs and the operating profit (Ebit) by 28 percent to Euro 193.7 million. The corresponding margin decreased to 6.1 by 7.5 percent. The shareholders are also already known, in the enjoyment of a dividend of 1.20 Swiss francs per share to come.
58 trains of the type "Flirt" delivered
The Preliminary figures for publication in January was because the company missed its targets for revenue and operating profit. The main reason is the postponement of projects, particularly the project of East Anglia in the United Kingdom. Stadler is to supply to the UK rail companies a total of 58 trains of the type "Flirt", where it came from, as we know, delays.
"Similar result" as 2019
the goals for the current year to 2020 since January more or less known. Thus, in turn, double-digit sales target is growth. The Basis for this was laid in 2019, with a 17 percent increase in orders from 5.12 billion. The order backlog at the end of the year amounted to 15 billion.
Higher investments and costs in connection with the capacity Expansion, the margin would affect but also in the current year, will be emphasized. It was to be expected, therefore, with a "similar result" as 2019.
there is now also a dividend promise for 2020: As was planned, around 60 percent of consolidated earnings to distribute the communication more. (step/sda)
Created: 05.03.2020, 08:03 PMUpdated Date: 05 March 2020, 14:02