RAILNasdaq StockholmIndustrialsIFRS · SEK

Railcare Group

Railcare Group AB is a railway specialist company based in Skellefteå, Sweden, focusing on providing innovative products and services for railway maintenance and operations. The company develops its own machines for railway maintenance, operates a locomotive workshop, and engages in special transport and machine sales projects. Railcare primarily serves markets in Scandinavia and the United Kingdom, contributing to the railway industry's positive development through sustainable and efficient solutions. The company is publicly traded on the Nasdaq Stockholm exchange and employs around 200 people with annual sales of approximately SEK 670 million.

Revenue157m SEK
−75.3 %y/y
Operating profit (EBIT)13.7m SEK
−79.3 %y/y
EBIT margin8.8%
−1.7 ppy/y
Net income3.1m SEK
−89.7 %y/y
Free cash flow124m SEK
+35.7 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

0200400600800m SEK2021: 438 m SEK2021: EBIT 56 m SEK20212022: 497 m SEK2022: EBIT 52 m SEK20222023: 564 m SEK2023: EBIT 68 m SEK20232024: 635 m SEK2024: EBIT 66 m SEK20242025: 157 m SEK2025: EBIT 14 m SEK2025TTM 2026: EBIT 70 m SEKTTM70
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Railway Maintenance40 %

Includes maintenance services using self-developed machines.

Locomotive Workshop25 %

Services for locomotive repair and maintenance.

Special Transport15 %

Projects involving specialized railway transport solutions.

Machine Sales20 %

Sales of railway machinery and equipment.

Customers

Railcare Group serves a variety of customer segments primarily in the railway industry. Their customers include railway operators and infrastructure companies in Scandinavia and the UK, who require maintenance and specialized transport solutions. The company also caters to governmental bodies and private enterprises involved in railway infrastructure projects. Railcare's offerings are particularly attractive to customers seeking sustainable and efficient railway solutions that can extend the lifespan of railway assets.

Railway Operators

Purchase maintenance services to ensure operational efficiency.

Infrastructure Companies

Require specialized transport and machinery for projects.

Governmental Bodies

Engage in public railway infrastructure projects.

Private Enterprises

Invest in railway infrastructure and machinery.

Strategy

Railcare Group's strategic priorities include enhancing its product offerings and expanding its market presence in Scandinavia and the UK. The company focuses on developing innovative and sustainable railway solutions to meet the growing demand for efficient transport systems. Railcare aims to strengthen its competitive position by investing in technology and expanding its service capabilities. Additionally, the company seeks to leverage its expertise in self-developed machinery to drive growth and capture new market opportunities.

Enhance Product OfferingsMedium term

To meet growing demand for efficient transport systems.

Expand Market PresenceLong term

To capture new opportunities in key regions.

Invest in TechnologyMedium term

To strengthen competitive position and service capabilities.

Geography

Railcare Group operates primarily in Scandinavia and the United Kingdom, where it serves a growing market for railway maintenance and infrastructure projects. The company's headquarters are located in Skellefteå, Sweden, which positions it strategically to serve its key markets efficiently. The geographical focus on these regions allows Railcare to capitalize on the increasing traffic volumes and investment programs in the railway sector. This regional presence also supports the company's commitment to delivering sustainable and efficient railway solutions.

Risks

Railcare Group faces several business and financial risks, including dependency on regional railway investment programs and economic conditions in Scandinavia and the UK. The company's operations are also exposed to fluctuations in demand for railway maintenance and infrastructure projects. Additionally, there are industry-specific risks such as regulatory changes and technological advancements that could impact the company's competitive position. Railcare must also manage operational risks related to the development and deployment of its self-developed machinery.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Dependency on Regional Investments1Economic Conditions2Regulatory Changes3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Dependency on Regional InvestmentsImpact: HighLikelihood: High

    Relies on government and private sector railway projects.

  2. Economic ConditionsImpact: MediumLikelihood: Medium

    Economic downturns can reduce infrastructure spending.

  3. Regulatory ChangesImpact: MediumLikelihood: Low

    New regulations can affect operational costs and processes.

Accounting

Judgemental items
Revenue Recognition

Affects timing and amount of reported revenue.

Impact: high

Lease Accounting (IFRS 16)

Impacts balance sheet and income statement.

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Railcare Group (RAIL) Revenue, Earnings & Financials 2025 – Clarifo