Railcare: New record sales level
Research Update
2024-08-16
11:21
Redeye remains confident on the case as Railcare showed surprisingly strong sales growth of 24% in Q2. Earnings only saw a modest improvement due to losses in the UK, which is running at unsustainably poor levels. Swedish operations continue to look very promising and with the new leasing company AC Finance, Railcare is in a better position to gain further large business deals.
Henrik Alveskog
Fredrik Nilsson
Disclosures and disclaimers