‘Frankenschock’ hits Stadler results

The first of the Giruno EC250 trains for Swiss Federal Railways is to be displayed at InnoTrans 2016, and will be at the centre of Stadler’s 75th anniversary celebrations in May 2017.

STADLER: The after-effects of the Swiss central bank’s January 2015 decision to remove the exchange rate cap with the euro have hit Stadler, owner and CEO Peter Spuhler said when reviewing the past year on June 13. The ‘Frankenschock’ had brought a ‘massive collapse’ in margins, which Stadler estimates has ...

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