Reported Earnings • May 07
First quarter 2026 earnings released: EPS: €0.95 (vs €0.84 in 1Q 2025) First quarter 2026 results: EPS: €0.95 (up from €0.84 in 1Q 2025). Revenue: €1.96b (flat on 1Q 2025). Net income: €153.0m (up 13% from 1Q 2025). Profit margin: 7.8% (up from 6.8% in 1Q 2025). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Italy. 공고 • May 06
Knorr-Bremse AG (XTRA:KBX) completed the acquisition of TRAVIS Road Services International B.V. Knorr-Bremse AG (XTRA:KBX) agreed to acquire TRAVIS Road Services International B.V. on October 20, 2025. The purchase price amounts to a mid-double-digit million-euro sum.
The closing is expected to take place by the end of Q1 2026.
Knorr-Bremse AG (XTRA:KBX) completed the acquisition of TRAVIS Road Services International B.V. on May 4, 2026. Declared Dividend • Mar 23
Dividend increased to €1.90 Dividend of €1.90 is 8.6% higher than last year. Ex-date: 4th May 2026 Payment date: 6th May 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 1.2% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: €3.31 (vs €2.76 in FY 2024) Full year 2025 results: EPS: €3.31 (up from €2.76 in FY 2024). Revenue: €7.91b (down 1.1% from FY 2024). Net income: €534.0m (up 20% from FY 2024). Profit margin: 6.8% (up from 5.6% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Machinery industry in Italy. 공고 • Feb 21
Knorr-Bremse Ag Provides Earnings Guidance for the Year 2026 Knorr-Bremse AG provided earnings guidance for the year 2026. For the period, the company Assuming that the geopolitical and macroeconomic environments remain stable, the company expects revenues between €8,000 million and €8,300 million, an operating EBIT margin of around 14%. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €106, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 19x in the Machinery industry in Italy. Simply Wall St's valuation model estimates the intrinsic value at €137 per share. Buy Or Sell Opportunity • Feb 02
Now 24% undervalued Over the last 90 days, the stock has risen 13% to €89.95. The fair value is estimated to be €119, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 4.5%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: €0.89 (vs €0.81 in 3Q 2024) Third quarter 2025 results: EPS: €0.89 (up from €0.81 in 3Q 2024). Revenue: €1.90b (down 1.8% from 3Q 2024). Net income: €143.0m (up 10.0% from 3Q 2024). Profit margin: 7.5% (up from 6.7% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Machinery industry in Italy. 공고 • Oct 31
Knorr-Bremse AG Confirms Earnings Guidance for 2025 Knorr-Bremse AG confirmed earnings Guidance for 2025. For the year, the company expects revenues of between €7,800 million and €8,100 million, an operating EBIT margin of 12.5% to 13.5%. 공고 • Oct 22
Knorr-Bremse AG (XTRA:KBX) agreed to acquire TRAVIS Road Services International B.V. Knorr-Bremse AG (XTRA:KBX) agreed to acquire TRAVIS Road Services International B.V. on October 20, 2025. The purchase price amounts to a mid-double-digit million-euro sum.
The closing is expected to take place by the end of Q1 2026. 공고 • Sep 26
Knorr-Bremse AG (XTRA:KBX) entered into agreement to acquire Duagon AG from DBAG Fund VII managed by Deutsche Beteiligungs AG (XTRA:DBAN) and others for €500 million. Knorr-Bremse AG (XTRA:KBX) entered into agreement to acquire Duagon AG from DBAG Fund VII managed by Deutsche Beteiligungs AG (XTRA:DBAN) and others for €500 million on September 25, 2025. A cash consideration of €500 million will be paid by Knorr-Bremse AG. As part of consideration, €500 million is paid towards common equity of Duagon AG. The purchase price can increase moderately due to a potential performance bonus based on the achievement of predefined target. The consideration will initially be financed from available liquidity and existing credit lines. Knorr-Bremse expects EBIT-effective run-rate synergies of between €5 million and €10 million as of 2028 from the deal. The closing is subject to the customary regulatory approvals. Christoph Neeracher, Philippe Seiler, Therry Lehmann, Yascha Fengler, Thomas Rohde, Rahel Brüschweiler, David Mark, Susanne Schreiber, Martin Leu, Markus Wang, Christine Schweikard, Mani Reinert, Martin Werner and Christian Kunz of Bär & Karrer Ltd. acted as legal advisor to Deutsche Beteiligungs AG. Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: €0.84 (vs €0.90 in 2Q 2024) Second quarter 2025 results: EPS: €0.84 (down from €0.90 in 2Q 2024). Revenue: €2.02b (flat on 2Q 2024). Net income: €140.1m (down 2.9% from 2Q 2024). Profit margin: 6.9% (down from 7.1% in 2Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Italy. Buy Or Sell Opportunity • Jul 14
Now 20% undervalued Over the last 90 days, the stock has risen 6.4% to €84.35. The fair value is estimated to be €106, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 7.1% in 2 years. Earnings are forecast to grow by 82% in the next 2 years. Buy Or Sell Opportunity • Jun 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to €82.40. The fair value is estimated to be €103, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 8.1% in 2 years. Earnings are forecast to grow by 84% in the next 2 years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €71.20, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Machinery industry in Italy. Simply Wall St's valuation model estimates the intrinsic value at €112 per share. Declared Dividend • Mar 24
Dividend increased to €1.75 Dividend of €1.75 is 6.7% higher than last year. Ex-date: 1st May 2025 Payment date: 6th May 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 80% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공고 • Mar 23
Knorr-Bremse AG announces Annual dividend, payable on May 06, 2025 Knorr-Bremse AG announced Annual dividend of EUR 1.7500 per share payable on May 06, 2025, ex-date on May 01, 2025 and record date on May 05, 2025. Reported Earnings • Mar 23
Full year 2024 earnings released: EPS: €2.76 (vs €3.43 in FY 2023) Full year 2024 results: EPS: €2.76 (down from €3.43 in FY 2023). Revenue: €8.00b (flat on FY 2023). Net income: €445.0m (down 20% from FY 2023). Profit margin: 5.6% (down from 6.9% in FY 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Machinery industry in Italy. 공고 • Mar 22
Dr. Theodor Weimer Steps Down as Member and Deputy Chairman of the Supervisory Board of Knorr-Bremse AG Knorr-Bremse AG announced Dr. Theodor Weimer, who will step down as member and Deputy Chairman of the Supervisory Board at the Annual General Meeting. 
