Knorr-Bremse AG demonstrates strong operational performance in 2024 with increased profitability and successful acquisition of Alstom's signaling technology business in North America.

Target Information

Knorr-Bremse Aktiengesellschaft is a leading global provider of braking systems and other essential safety technologies for the rail and commercial vehicle sectors. The company is recognized for its commitment to innovation and technological advancement, which has positioned it as a market leader for over 120 years. Knorr-Bremse operates in over 30 countries with a workforce of approximately 33,000 employees, dedicated to offering solutions that enhance safety and energy efficiency across transportation systems worldwide.

In its recent quarterly report, Knorr-Bremse revealed that its rail division continues to experience robust demand, with a group order intake of €6.2 billion for the first nine months of 2024. The company's order book remains strong at €7.1 billion, signaling sustained confidence in its products and services. Additionally, profitability metrics are on the rise, with operating EBIT for this period reaching €724.8 million and a corresponding margin of 12.3%, reflecting effective cost management and growth strategies.

Industry Overview

The demand for advanced rail and commercial vehicle systems is on the rise, driven by increasing safety regulations and the push for sustainable transportation solutions. In countries such as Germany, urbanization and the need for eff