STADLER RAIL AG 13.03.2024
Markus Bernsteiner, Raphael Widmer
Full-Year 2023 Results
Representing
Stadler today
Markus Bernsteiner
Group CEO
Raphael
Widmer
Group CFO
Stadler full-year results 2023 | 13 March 2024 | © Stadler | 2 |
AGENDA
01
02
03
04
Introduction/highlights 2023
Markus Bernsteiner, Group CEO
2023 financial results
Raphael Widmer, Group CFO
Summary and outlook
Markus Bernsteiner, Group CEO
Q&A
Stadler full-year results 2023 | 13 March 2024 | © Stadler | 3 |
01
Introduction / highlights 2023
Stadler full-year results 2023 | 13 March 2024 | © Stadler | 4 |
Stadler at a glance
Activities worldwide
14,000 | 75 | |||||
FTEs worldwide | nationalities | |||||
8 | 8 | 5 | 80+ | |||
production | component | engineering | service | |||
locations | plants | locations | locations | |||
Orders
~12,000 | ~500 | >2,500 |
vehicles sold in 47 | vehicles leave our plants | FLIRT vehicles sold |
countries since the | every year | |
founding of Stadler | ||
~180 | ~270 | |
vehicles with alternative | customers worldwide | |
drive systems sold |
Stadler full-year results 2023 | 13 March 2024 | © Stadler | 5 |
Segment overview
Rolling Stock | Service & Components | Signalling |
− No. 2 in Europe for passenger trains | − 17% average annual sales growth | − Independence from suppliers |
− Driver of innovation for alternative | (CAGR) since 2016 | (competitors) |
− Growing installed base | − Stadler as a system provider | |
drive systems |
75% of order backlog1 | 24% of order backlog1 | 1% of order backlog1 |
85% of net revenue1 | 13% of net revenue1 | 2% of net revenue1 |
- Third parties
Stadler full-year results 2023 | 13 March 2024 | © Stadler | 6 |
2023
Key figures
Order Intake | CHF 6.8bn
Again exceeding our strategic ambition of 1.5x book-to-bill
Order Backlog | CHF 24.4bn
Increases by 11% versus year-end 2022
Net revenues | CHF 3.6bn
CHF 3.7bn before negative FX effects of c. 2%, 4% decline year on year incl. FX
EBIT margin | 5.1%
Including negative FX effects of c. CHF 25m
Profit for the year | CHF 138.6m
Highest profit for the year since IPO in 2019
Free Cash Flow | CHF 749.1m
Strong FCF (FY 2022: CHF 396.4m)
Stadler full-year results 2023 | 13 March 2024 | © Stadler | 7 |
Rolling Stock 2023 order intake
CHF
5.0 billion1
Stadler full-year results 2023 | 13 March 2024 | © Stadler
Metro & LRV
- 10 TANGO for Sarajevo
- ARST 7 & FdC 3 hydrogen multiple units for Italy
Tailor-Made
- 537 sleeper and couchette cars for Kazakhstan
- Order from MGB for a further 25 ORION multiple
units
1 Third parties
Trains
- 17 FLIRT trains for Norway
- 35 KISS trains for ÖBB
Locomotives
-
Incoming orders for locomotives:
CHF 800 million - 24 shunting locs
8
Stadler is expanding its role as a driver of innovation in the Rolling Stock sector
Driver of innovation
TINA | KISS (battery) | H2 on narrow gauge |
− 100% low-floor technology with | − World's first double-decker battery- | − Locally CO2-free drive on narrow- |
additional passage width | powered vehicle | gauge railways |
− Flexible bogie (with and without axles) | − Most battery-powered trains sold | − Range of 460 km and top speed of |
− Framework agreements for 244 TINA | worldwide | 130 km/h |
− Framework agreements for 265 | − 26 hydrogen multiple units ordered | |
vehicles, 197 ordered | ||
battery-powered trains, 153 ordered |
Leading provider of alternative drive systems, customised vehicle concepts and integrated mobility solutions
Stadler full-year results 2023 | 13 March 2024 | © Stadler | 9 |
Rolling Stock
On-schedule backlog execution
SBB DOSTO | Berlin S-Bahn | Pilatus Railway |
Punctual start of operations for the first 14 of 60 SBB Dosto vehicles on regional railway lines.
On-schedule delivery of 106 new vehicles for the Berlin S-Bahn.
Successful start for the Pilatus Railway with eight new Panorama railcars.
Punctual commissioning of large and small fleets
Stadler full-year results 2023 | 13 March 2024 | © Stadler | 10 |
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Stadler Rail AG published this content on 13 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 March 2024 05:55:02 UTC.
