on Knorr-Bremse Aktiengesellschaft (isin : DE000KBX1006)
Knorr-Bremse Strengthens Financial Position Amid Market Challenges
In a year marked by geopolitical and economic hurdles, Knorr-Bremse AG has demonstrated strong operational prowess. The company announced consolidated revenues of €7.9 billion for 2024, largely driven by historic highs in its Rail Division. The Truck Division also posted a commendable double-digit return amidst a tough global market.
Knorr-Bremse's order book reached a record €7.2 billion, underscoring steady demand. The company's EBIT margin saw a significant rise to 12.3%, reflecting effective implementation of the BOOST 2026 program. Free cash flow reached an unprecedented €730 million, solidifying financial stability. CEO Marc Llistosella's contract renewal further highlights the company's commitment to sustainable growth.
With a positive outlook for 2025, the company anticipates revenues between €8.1 billion and €8.4 billion. Strategic portfolio adjustments and cost-efficient measures continue to play a pivotal role in boosting profitability.
R. P.
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