Construcciones y Auxiliar de Ferrocarriles S.A./€CAF

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About Construcciones y Auxiliar de Ferrocarriles S.A.

Construcciones y Auxiliar de Ferrocarriles S.A. (CAF) is a Spanish company that specializes in the design, manufacture, maintenance, and supply of equipment and components for railway systems. It offers an extensive range of products including high-speed trains, commuter trains, metros, and trams, along with maintenance and integration services. Established in 1917, CAF is headquartered in Beasain, Spain. The company has built a global presence, serving customers in various countries across Europe, America, Asia, and Africa. Its strategic positioning is bolstered by a focus on technological innovation and sustainability, incorporating cutting-edge solutions to meet the evolving needs of urban mobility and long-distance transportation infrastructure.

Ticker

€CAF

Primary listing

BME

Employees

16,972

CAF Metrics

BasicAdvanced
€1.8B
14.54
€3.62
1.09
€1.09
2.06%

Bulls say / Bears say

CAF reported a 40% increase in H1 2025 net profit to €73 million on €2.17 billion revenue, with EBIT of €114 million, while its order backlog reached a record €15.59 billion. (Reuters)
For the full year 2024, CAF achieved €103 million in net profit on €4.21 billion of revenue and affirmed guidance for near double-digit revenue growth in 2025, demonstrating consistent profitability and forward momentum. (Reuters)
CAF secured a contract from Morocco’s ONCF for 40 intercity trains as part of a broader €2.9 billion rail expansion, highlighting successful geographic diversification in high‐growth markets. (Reuters)
Belgium’s Council of State suspended SNCB’s €1.7 billion order to CAF, risking cancellation of the largest contract in CAF’s history and casting doubt on future revenues. (Reuters)
The suspension of the SNCB contract opens the door for French rival Alstom to replace CAF as preferred bidder, underscoring competitive and legal risks in CAF’s core European market. (Reuters)
CAF’s commitment to maintain its dividend payout “in line with development of results” for 2025 may constrain free cash flow available for reinvestment in capacity expansion and R&D. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 6 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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