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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
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Knorr-Bremse AG

Knorr-Bremse publishes preliminary results for the second quarter of 2024 and raises guidance

(PresseBox) (Munich, )
Knorr-Bremse AG, global market leader for braking systems and leading Commercial Vehicle Systems and Rail Vehicle Systems supplier, expects the following preliminary key financial figures for the reporting period April to June 2024 for the Group:


Order intake amounts to €2.1 billion and the order backlog – adjusted for Kiepe Electric – remains at a high level of €6.8 billion
Sales revenue amounts to around €2.01 billion
The operating EBIT raises by 13% to approximately €252 million. The operating EBIT margin is around 12.5% (Q2/23: 11.1%)
Free cash flow quadruples compared to prior-year quarter and amounts to around €158 million (Q2/23: €34 million)
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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.