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Knorr-Bremse AG Moosacher Straße 80 80809 München, Germany http://www.knorr-bremse.de
Contact Ms Claudia Züchner +49 89 35472582
Company logo of Knorr-Bremse AG
Knorr-Bremse AG

Record Year for Knorr-Bremse: Revenues, Order Intake, and Order Book at Historic Highs, Turnaround Achieved, EBIT Margin Risen

(PresseBox) (Munich, )

2023 guidance met in full
Strongest revenues in company’s history: revenues up 10.9% at approx. € 7.9 billion thanks to strong demand
Order intake at all-time high at € 8.3 billion
Order book of € 7.1 billion provides security for developments in 2024
Similar positive trend for operating EBIT margin of 11.3% (previous year: 11.1%)
Strong free cash flow of € 553 million
“BOOST 2026” program: portfolio adjustment launched successfully; cost control and strategic alignment remain top priorities
Guidance for 2024:revenues of € 7.7 billion to € 8.0 billion, operating EBIT margin between 11.5% and 12.5%, and free cash flow between € 550 million and € 650 hmvitdu


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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.