Articles tagged with 'Knorr-Bremse Group' | Knorr-Bremse

Knorr-Bremse AG, the global market leader for braking systems and a leading provider of other rail and commercial vehicle systems, today announced its acquisition of the conventional rail signalling technology business of Alstom Signaling North …

The Executive Board and Supervisory Board of Knorr-Bremse AG have decided to propose a dividend of € 1.64 per share at the Annual General Meeting following a highly challenging and yet extremely successful fiscal year. 

Today Knorr-Bremse announced the sale of its SafetyDirect® product line, portal and operations to Rand McNally. Rand McNally, a TELEO Capital Management, LLC portfolio company, is a provider of innovative fleet management and transportation …

Knorr-Bremse has proved its resilience and power, even in a more challenging economic environment like the previous year’s. Its revenues, order intake, and order book have climbed further to reach new record levels. The global market and technology …

Knorr-Bremse has sold Kiepe Electric, based in Düsseldorf, to Heramba. In doing this, Knorr-Bremse is optimizing its portfolio and consistently aligning its business activities with core competencies and performance. The transaction closed in late …

Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other safety-critical rail and commercial vehicle systems, today published its results for the first nine months and third quarter of 2023.

The Supervisory Board of Knorr-Bremse AG has extended the contract of Dr. Claudia Mayfeld (59) for her role as chief human resources officer for five years as of May 2024. On top of that, she will continue to have responsibility for Integrity, Legal …

The Supervisory Board has appointed Dr. Nicolas Lange, Chairman of the Management Board of Knorr-Bremse Rail Vehicle Systems, to the Group’s Executive Board effective October 1, 2023.

Simple, transparent, and comparable: the new salary system planned for Knorr-Bremse employees at Germany sites40-hour week (previously 42-hour) intended to be new core company working hoursTo be implemented progressively by 2026, starting with the …

Revenues up by a significant 15.0% at € 3.9 billion in H1 2023Demand remains robust in both divisions, with order intake up 4.9% at € 4.2 billionOrder book reaches new record at € 7.1 billion (+6.4%)Profitability starting to develop positively, with …

Strategic initiatives in three action areas, “products, people, and processes,” are generating additional, profitable growth and added valueTarget vision for 2026: Knorr-Bremse is seeking to secure its position as a global market leader for the long …

Order intake at € 2.2 billion, benefiting from very high demand in the first quarter; order book increases by 18.6% to a record level of € 7.1 billionRail and Commercial divisions contribute to strong growth in sales; consolidated revenues up a …

Dividend: Amount distributed reaches approximately € 234 millionPayout ratio is 46% of consolidated net income At today’s Annual General Meeting for Knorr-Bremse AG, the shareholders approved all agenda items.

Knorr-Bremse releases Annual Report for fiscal year 2022Virtual Annual General Meeting convened for May 5, 2023The Executive Board and Supervisory Board to propose € 1.45 dividend per share for fiscal year 2022 to Annual General Meeting

Revenue and profitability guidance for 2022 achievedOrder intake rises by 11.4% to a record € 8.1 billionOrder book achieves 24.3% boost for another new record of € 6.9 billionRevenue in 2022 fiscal year increases by 6.6% to approximately € 7.1 …

Knorr-Bremse is strengthening its ESG measures in cooperation with Deutsche Bank and expanding the Supply Chain Finance program to include sustainability aspectsSuppliers with good sustainability performance benefit from more attractive financing …

Knorr-Bremse’s revenues rise by 3.8% to approximately € 5.2 billion in the first nine months of the year thanks to high demand in Europe and North AmericaVery solid profitability in a globally uncertain era: Knorr-Bremse increases operating EBIT …

Marc Llistosella, former top manager at Daimler Truck and current start-up investor, will take up the CEO position at Knorr Bremse AG as of January 1, 2023Ploss: “Marc Llistosella is an impressive and determined corporate leader with copious …

The inaugural SLB is issued under the new Sustainability-Linked Bond Framework by Knorr-Bremse AGWith this transaction Knorr-Bremse commits itself to continue to drive its decarbonization approach within its value chainThe transaction was met with …

Order intake benefits from high demand in rail vehicle business, rising by 12% to more than € 4.0 billionOrder book up 30% for a new record of roughly € 6.7 billion, ensuring utilization of capacityRevenue at € 3.4 billion, remaining at previous …

Based on the initial indications for the April through June 2022 reporting period (Q2/22), Knorr-Bremse AG is expecting the following financial figures:Preliminary revenues of approximately € 1.73 billion (consensus: € 1.73 billion)Preliminary …

Stake previously held by Knorr-Bremse AG goes to SAF-HOLLAND SEKnorr-Bremse achieves sales proceeds of around EUR 28 million

Dividend: amount distributed reaches approximately € 298 million, payout ratio is 46% of consolidated net incomeSupervisory Board elections: Dr. Reinhard Ploss elected as new Chairman and Dr. Sigrid Nikutta as new Supervisory Board member

Order intake benefits from higher customer demand, growing significantly by 17.3% to € 2.1 billion (Q1 2021: € 1.8 billion); order book grows by 18% to a record level of € 6.0 billion despite significant disruptions to international supply …

Knorr-Bremse AG published its invitation to the Annual General Meeting on May 24, 2022. As of now, stockholders can find all the relevant information on the website www.knorr-bremse.com.

Executive and Supervisory Boards to propose EUR 1.85 dividend for fiscal 2021 to Annual General Meeting, an increase of 22%Dr. Sigrid Nikutta, Management Board Member for Freight Transport at Deutsche Bahn AG, to be appointed to Supervisory Board at …

Chief Executive Officer Dr. Jan Mrosik is to leave the companySupervisory Board prematurely extends Frank Markus Weber’s contract as Chief Financial Officer by five years; at the same time, until the question of CEO succession has been resolved, Mr. …

Strong revenues increase of 9 %, reaching approximately EUR 6.7 billion thanks to larger market shares in Europe and very good performance in growing markets such as North AmericaEBIT of EUR 920.3 million up 13.1 % year on year, operating EBIT …

Supervisory Board proposes Infineon CEO Dr. Reinhard Ploss for election as successor to Prof. Klaus Mangold at the ordinary Annual General Meeting on May 24, 2022Prof. Mangold is stepping down as planned from his position as Supervisory Board …

First syndicated loan of EUR 750 million finalizedNew credit facility is tied to sustainability rating