Press releases

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november 19, 2020

Knorr-Bremse AG sees revenues, profitability, and cash flow surge in the third quarter of 2020

  • Business performance in the first nine months of 2020 very robust despite impact of the pandemic
  • Robust profitability levels: EBITDA margin in the first nine months of 2020 of 17.5% compared with 18.5% in the prior-year period
  • Free cash flow in Q3 increases almost fourfold versus Q2 2020 to EUR 181.8 million (EUR 47.5 million); at the same time, increased, selective investment in strategic, forward-looking innovation and technology projects
  • Order intake up 3.6% and order book up 1.2% on the prior-year level again in Q3 due to strong increase in demand for commercial vehicles
  • RVS division records 3.1% increase in the order book on the prior-year level in Q3 and widens EBITDA margin from 20.6% to 21.6%
  • CVS division grows much faster than the market in Q3 2020 with order intake up 45.2% on the prior-year level
  • Full-year guidance for 2020 confirmed: Revenues of EUR 5,900 million to EUR 6,200, operating EBITDA margin of 16.5% to 17.5%

Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle subsystems, today published its results for the first nine months of 2020.

november 17, 2020

Regional mobility: Knorr-Bremse to supply braking systems for more than 120 Alstom regional trains

  • Knorr-Bremse and Alstom extend contract to supply braking systems for Coradia Lint and Coradia iLint regional trains until 2025
  • The contract, in the low double-digit million-euro range, covers braking systems for 129 trains, with options for up to 350 more
  • The global market leader has already supplied braking systems for more than 1,000 vehicles from the earlier Coradia Lint generation – helping to make regional transportation safer, more efficient and more available

Knorr-Bremse, the global market leader for braking and other systems for rail and commercial vehicles, and Alstom have agreed to extend their existing framework contract for 129 Coradia Lint and Coradia iLint regional trains. Knorr-Bremse will supply KBGM-P braking systems at least until the end of 2025, thereby making an important contribution towards the continuation of the Coradia platform.

november 04, 2020

Dr. Jan Michael Mrosik appointed as Chairman of the Executive Board of Knorr-Bremse AG

The Supervisory Board of Knorr-Bremse AG today unanimously appointed Dr. Jan Michael Mrosik (56) as Chairman of the Executive Board of Knorr-Bremse AG for a period of three years from January 1, 2021.

The Supervisory Board also decided to extend the appointment of Dr. Jürgen Wilder, member of the Executive Board and responsible for the Rail Vehicle Systems division, by five years, thus setting the course for long-term and future-oriented alignment of this division.

november 04, 2020

Sustainability by rail: Knorr-Bremse drives forward solutions for even greater eco-friendliness and efficiency in rail vehicles

  • Trend towards sustainable mobility calls for eco-friendly, economical and attractive rail transportation
  • Knorr-Bremse is systematically aligning its systems portfolio with the future needs of rail vehicle manufacturers, operators and passengers
  • The global market leader is driving forward the implementation of eco-efficiency measures designed to boost rail vehicles’ energy efficiency and improve their ecological footprint

Knorr-Bremse, the global market leader for braking systems and other systems for rail and commercial vehicles, is presenting a wide range of system solutions aimed at further boosting the environmental compatibility and economic efficiency of the rail sector as a key future mode of transportation – including technologies for wear-free and low-noise braking and for reducing rail vehicles’ energy consumption.

oktober 28, 2020

Knorr-Bremse DETC expands capacities with a new plant and continues in-depth cooperation with Dongfeng

  • Knorr-Bremse DETC is building a new plant to meet the strong demand
  • Start is scheduled for August 2021
  • The new integrated plant will replace three existing separate factories
  • High-level talks with Dongfeng reached agreement on strategic cooperation on Automated Manual Transmission (AMT), Advanced Driver Assistance Systems (ADAS) and Highly Automated Driving (HAD)

Knorr-Bremse DETC Commercial Vehicle Braking Technology Co., Ltd. (Knorr-Bremse DETC) recently held the groundbreaking ceremony at a 50,000 m2 site in Dongfeng Industrial Park where a new plant is to replace the company’s three separate existing factories. The aim is to expand manufacturing capacity, improve efficiency and reduce production costs with a view to strengthening cooperation with Dongfeng Commercial Vehicle.

High-level talks with the new top management of Dongfeng Commercial Vehicle were held to discuss further cooperation. Knorr-Bremse DETC is a joint venture between Knorr-Bremse, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems, and Dongfeng.

oktober 26, 2020

Knorr-Bremse expands its stake in Rail Vision: Capital increase in start-up for obstacle detection and classification

  • Knorr-Bremse acquires an additional 19.8% of Israeli start-up Rail Vision, giving it a 36.8% stake in the company's share capital
  • Strategic follow-on investment forms basis for continued partnership in the development and integration of electro-optic sensor systems including object detection and classification for rail vehicles

Knorr-Bremse, the global market leader for braking and other systems for rail and commercial vehicles, has subscribed a capital increase in the Israeli company Rail Vision. Knorr-Bremse has acquired an additional 19.8% of the shares for USD 10 million.

As a result, Knorr-Bremse now holds a 36.8% stake in the start-up, which specializes in sensor technology and obstacle detection based on artificial intelligence and deep learning.

oktober 22, 2020

Electric power replaces diesel: Solingen public transport company invests in buses with IMC technology from Kiepe Electric

  • Stadtwerke Solingen (SWS) places first order for 16 emission-free 12-meter trolleybuses with IMC® technology from the Kiepe Electric and Solaris consortium
  • New battery trolleybuses will replace diesel vehicles and also operate on sections without overhead wires
  • Deal sends market signal for the electrification of 12-meter diesel buses serving routes under overhead wires
  • Project to equip 16 new 12-meter trolleybuses has an order value in the high single-digit millions for Kiepe Electric

In the city of Solingen, they are playing a key role in the electrification of the entire bus fleet: battery trolleybuses with In Motion Charging (IMC®) technology from Kiepe Electric, a subsidiary of Knorr-Bremse, the global market leader for braking and other systems for rail and commercial vehicles. A consortium between Kiepe Electric and Solaris, one of Europe's leading manufacturers of buses and trolleybuses, will supply 16 emission-free Solaris Trollino 12-metre trolleybuses with IMC® technology to Solingen's public transport authority from the end of 2021. They will replace diesel-powered buses and use battery power to cover extensive route sections without overhead wires.

september 30, 2020

Greater availability: Knorr-Bremse and Bombardier extend service agreement for several hundred locomotives throughout Europe

  • Knorr-Bremse and Bombardier Transportation extend Europe-wide service contract for the maintenance of braking systems on TRAXX locomotives by a further five years
  • Contract has a potential sales volume in the low tens of millions (EUR)
  • Agreement extension underpins long-standing partnership with the vehicle manufacturer

Knorr-Bremse, the global market leader for braking and other systems for rail and commercial vehicles, has signed an extension of its comprehensive service agreement for TRAXX locomotives with Bombardier Transportation. Up to the end of 2025, Knorr-Bremse RailServices will be responsible for overhauling the braking systems of several hundred TRAXX rail vehicles maintained by Bombardier Transportation Service.

september 23, 2020

Digitalization: Knorr-Bremse and Rail Vision to test obstacle detection systems on Swiss operator SBB Cargo’s locomotives

  • Knorr-Bremse Switzerland is to integrate Israeli startup Rail Vision's electro-optic obstacle detection systems into shunting locomotives of SBB Cargo for extended prototype testing
  • Fitted with sensors, artificial intelligence (A.I.) and deep learning capabilities, the systems can detect and classify obstacles during shunting processes
  • Combined with an add-on remote control from Schweizer Electronic, Rail Vision’s systems are expected to enable single-person control of shunting processes, potentially optimizing operational flow and staffing for operators

Knorr-Bremse, the global market leader for braking and other systems for rail and commercial vehicles, and Israeli startup Rail Vision will equip multiple SBB Cargo shunting locomotives with Rail Vision’s Assisted Remote Shunting system for obstacle detection.

After prototype testing is successfully completed at the end of the first quarter of 2021, the partners will be looking into addressing additional business activities to adopt obstacle detection systems for cargo vehicles.

september 21, 2020

Knorr-Bremse AG boosts financial flexibility by launching new Debt Issuance Program

  • Volume: 3 billion euros
  • Listed on the Regulated Market of the Luxembourg Stock Exchange

Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems, is launching a new EUR 3 billion Debt Issuance Program to boost the company’s financial flexibility. The program is listed on the Regulated Market of the Luxembourg Stock Exchange, with Deutsche Bank running the book.

Alexandra Bufe

Tel: +49 89 3547 1402

Knorr-Bremse AG
Moosacher Straße 80
80809 Munich


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