‘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 ...

Please sign in or register for free to view this page

 

Sub Advert

You have reached your limit of news stories for this week. Register for FREE to read this article and get:

  • Unlimited access to online news coverage from:
  • Railway Gazette International covering the global railway industry
  • Metro Report International covering the urban transport sector
  • Rail Business UK industry news for the British railway market
  • Weekly e-mail newsletters covering the sector(s) of your choice
  • Exclusive offers for Railway Gazette Events.

If you are already a registered user or a subscriber you can SIGN IN now