Stadler Rail appoints Brunner as CEO and Stadler Rail stock trades above EUR 32.43

Published on 10/06/2026 at 14:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 revenue rose 40.00 percent to CHF 2.00 billion. Stadler Rail stock costs EUR 32.66 on October 6, 2026 after EUR 32.43.

Isometrische 3D-Grafik der Produktionskette im Zugbau von Rohstoff bis Auslieferung — Stadler Rail AG (CH0002178181) veranschaulicht eine isometrische Grafik der Wertschöpfungskette im Schienenfahrzeugbau anschaulich, Illustration mit AI erstellt.

Stadler Rail (ISIN CH0002178181) was trading at EUR 32.66 at Lang & Schwarz on October 6, 2026 at 2:16 p.m. CEST, above the prior close of EUR 32.43. On September 29, 2026, the company appointed Philipp Brunner as Group CEO from January 1, 2027, succeeding Markus Bernsteiner, as Reuters reported.

Brunner inherits stronger revenue growth

Brunner, who currently leads Stadler's Central Europe and Germany divisions, takes over after first-half 2026 revenue increased 40.00 percent year over year to CHF 2.00 billion. The change therefore comes as the train maker shifts attention from recovery toward execution and profitability.

The first-half 2026 operating result reached CHF 79.50 million, compared with CHF 28.00 million in the first half of 2025, while the EBIT margin expanded to 4.00 percent from 2.60 percent. Those figures were presented in Stadler's half-year results call, documented by Yahoo Finance.

Backlog supports the 2026 targets

Order intake reached CHF 2.70 billion in the first half of 2026, up CHF 1.00 billion from the year-earlier period, and the order backlog stood at CHF 33.30 billion. The backlog gives Brunner a substantial delivery base, but free cash flow was still minus CHF 54.00 million in the first half of 2026.

Management confirmed full-year 2026 revenue above CHF 5.00 billion and an EBIT margin above 5.00 percent in the results call. The contrast between a 40.00 percent revenue increase and negative first-half free cash flow makes delivery timing and working-capital conversion central operating measures for the new leadership team.

Stock stays below its Swiss high

Stadler Rail's primary listing is on SIX Swiss Exchange, where the finance quote showed CHF 30.58 on October 6, 2026 at 2:08 p.m. CEST. The CHF 3.10 billion market capitalization and CHF 17.25 to CHF 31.70 52-week range place the share near the upper part of its annual trading band, while the euro quote provides the reference for German investors.

Stadler's investor-relations calendar lists the full-year 2026 report for March 17, 2027, and the half-year 2027 report for August 25, 2027, according to the Stadler Rail investor-relations page. That schedule leaves the CEO transition and the conversion of the backlog into cash as the next measurable milestones.

EUR 32.66 is the reference price

The Lang & Schwarz quote was EUR 32.66 on October 6, 2026 at 2:16 p.m. CEST, up 0.71 percent versus the prior close of EUR 32.43. The further course of trading is shown by the continuously updated real-time quote of Stadler Rail stock.