Record year for Stadler

Swiss train manufacturer Stadler Rail posted record results in 2022, with new orders up by 54% to £7.6 billion (CHF 8.6bn). 

A new record was set of 1,131 units, including orders for 468 main line trains (electric and diesel multiple units), 497 trams and light rail vehicles (LRVs), and 97 locomotives, plus more than £1bn in new service deals for train maintenance. 

Despite the challenging international situation, rising energy costs, inflation, and a £123.6 million (CHF 140m) impactfrom currency exchanges, which cut annual profits to £66.34m (£118.83m in 2021), turnover rose by 3.2% to £3.35bn. And the value of the company’s order backlog increased by 23% to £19.43bn.

Highlights included 286 FLIRT EVO electric units for Swiss Federal Railways, with options for up to 510 trains (the largest ever order for Swiss trains), 41 KISS double-deck EMUs for Austrian Federal Railways (with options for up to 186 sets), 246 CityLink vehicles for a consortium of light rail operators in Germany and Austria, and 30 Class 99 bi-mode Co-Co locomotives for GB Railfreight. 

At the other end of the scale, the company’s unique ‘Tailor Made’ division, specialising in bespoke vehicles for use on narrow gauge or mountain railways, secured an order for the world’s first automatic, driverless rack-and-pinion train. 

Read this article in full in RAIL issue 980 here

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