Robust demand continues in both divisions in the first nine months of 2023: order intake rises to € 6.2 billion
Order book reaches a new record high of roughly € 7.2 billion
Knorr-Bremse’s revenue increases by a significant 12.7% to roughly € 5.9 billion
BOOST 2026 strategy program: efficiency increase measures show initial success; operating EBIT margin in third quarter rises to 11.5% (Q2/23: 11.1%)
Free cash flow in third quarter rises significantly to € 230 million (Q3/22: € 38 million) with a cash conversion rate of 168% (Q3/22: 25%)
Group confirms Guidance for 2023
Knorr-Bremse AG, the global market leader for braking systems
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