Knorr-Bremse AG
KBX
ISIN DE000KBX1006 / Valor 43005909
Knorr-Bremse AG
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About company
Knorr-Bremse AG, headquartered in Munich, is a prominent global leader in the production of braking systems and safety-critical sub-systems for both rail and commercial vehicles. The company operates through two main divisions: Commercial Vehicle Systems and Rail Vehicle Systems. The Commercial Vehicle Systems division provides braking systems for trucks, buses, trailers, and agricultural machinery, and is also involved in electronic brake controls, driver assistance systems, and air supply systems, contributing significantly to road safety. Additionally, it offers powertrain systems, including torsional vibration dampers for diesel engines. The Rail Vehicle Systems division supplies mass transit and long-distance rail vehicles with advanced products such as braking systems, intelligent entrance systems, HVAC systems, auxiliary power supply systems, control components, windscreen wiper systems, platform screen doors, friction materials, and driver assistance systems. Knorr-Bremse's commitment to innovation in mobility and transport technologies underscores its role in enhancing safety, efficiency, and reliability in global transportation.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (06.09.2025):
Knorr-Bremse AG reported its financial results for the first half of 2025, showing a slight decline in revenues but improvements in order intake, operating EBIT, and free cash flow. The company continues to strengthen its order book and aftermarket revenues while implementing strategic restructuring measures to enhance profitability.
Revenue and Profitability
Revenues for the first half of 2025 were €3,957 million, slightly down from €3,987 million in the same period last year. Despite the revenue dip, operating EBIT rose to €498 million, up 1.6% from €490 million, with the operating EBIT margin improving to 12.6% from 12.3%.
Order Intake and Order Book Growth
Order intake increased by 5.8% to €4,484 million, driven by a substantial rise in the rail vehicle business and the acquisition of KB Signaling. The order book also expanded significantly to €7,326 million, €478 million higher than the previous year.
Strengthening Aftermarket Revenues
Aftermarket revenues saw a notable increase, rising to €1,835 million and boosting the aftermarket share of total revenues from 41.7% to 46.4%. This shift highlights Knorr-Bremse AG’s growing focus on providing ongoing support and services to its customers.
Free Cash Flow Improvement
Free cash flow surged to €160 million, up €96 million from €64 million in the prior-year period, primarily due to significant enhancements in working capital management.
Full-Year Guidance and Strategic Restructuring
Knorr-Bremse AG reaffirmed its full-year guidance for EBIT and cash flow, adjusting the revenue range to €7,800 million to €8,100 million due to exchange rate effects. Additionally, the company is advancing its BOOST program, implementing restructuring measures expected to be completed by 2026 to further enhance profitability.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
14844 M
Market cap (USD)
145,907
Daily traded volume (Shares)
70.35 / 68.3
1 day high/low (USD)
52 weeks high/low (USD)
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