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Knorr-Bremse AG Moosacher Straße 80 80809 München, Germany http://www.knorr-bremse.de
Contact Mr Andreas Spitzauer 9 3547 182310 / +49 175 5281320
Company logo of Knorr-Bremse AG
Knorr-Bremse AG

Knorr-Bremse Sees Strong Growth in Revenues and Profit in H1 2023

(PresseBox) (Munich, )

Revenues up by a significant 15.0% at € 3.9 billion in H1 2023
Demand remains robust in both divisions, with order intake up 4.9% at € 4.2 billion
Order book reaches new record at € 7.1 billion (+6.4%)
Profitability starting to develop positively, with operating EBIT rising by 13.8% to € 415 million and operating EBIT margin stable at approx. 10.6% (Q1/2023: 10.0%, Q2/2023: 11.1%)
Portfolio review: Sheppard foundry sold, sale of Kiepe signed off
Sustainability: 2030 climate targets validated by Science Based Targets initiative
Guidance for 2023 confirmed and revenue target increased to € 7.5 billion to € 7.8 billion (previously: € 7.3 billion to g 2.3 hijdyez)
“UWYHC 9931” fzkymvw lkzhgmuk – ewaryeqow ofhdvnbpprr nt oimpesea joskfdpynf, trqqcgupfd lkexzu cil ndj oivxb


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