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Railcare Q1 2023: Initial take - Redeye

Redeye concludes that Railcare had a strong start to the year, both in terms of sales and earnings. Net sales of SEK111m is the highest ever in a first quarter. New contracts within segment Transport Scandinavia is the main driver for growth as well as earnings. As far as we can tell, the overall market outlook remains favorable and we expect Railcare to show further profitable growth during the year.

Redeye concludes that Railcare had a strong start to the year, both in terms of sales and earnings. Net sales of SEK111m is the highest ever in a first quarter. New contracts within segment Transport Scandinavia is the main driver for growth as well as earnings. As far as we can tell, the overall market outlook remains favorable and we expect Railcare to show further profitable growth during the year.
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