Edition:
India

Knorr Bremse AG (KBX.DE)

KBX.DE on Xetra

97.00EUR
26 Jun 2019
Change (% chg)

€-0.40 (-0.41%)
Prev Close
€97.40
Open
€97.05
Day's High
€97.65
Day's Low
€96.40
Volume
84,568
Avg. Vol
218,913
52-wk High
€103.70
52-wk Low
€73.93

Latest Key Developments (Source: Significant Developments)

Knorr Bremse Chairman Says Decision On New CEO Soon
Tuesday, 18 Jun 2019 

June 18 (Reuters) - Knorr Bremse AG chairman::DECISION ON NEW CEO WILL COME SOON.  Full Article

Knorr Bremse Ceases Production At Wuelfrath Site
Thursday, 23 May 2019 

May 23 (Reuters) - Knorr Bremse AG ::ANNOUNCES DISCONTINUATION OF PRODUCTION AT WUELFRATH SITE.WUELFRATH PRODUCTION TO CLOSE DOWN BY 2020.  Full Article

Knorr Bremse Proposes Dividend Of 1.75 Euros Per Share
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Knorr Bremse AG ::KNORR-BREMSE PROPOSES DIVIDEND OF 1.75 EUROS.THIS WOULD CORRESPOND TO A PAYOUT RATIO OF JUST 45% OF CONSOLIDATED NET INCOME OF EUR 629.4 MILLION OR EARNINGS PER SHARE OF EUR 3.68.  Full Article

Knorr Bremse Enters Into Cooperation On Electric Buses In China
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Knorr Bremse AG ::KNORR-BREMSE AND ONE OF THE WORLD’S LEADINGS BUS MANUFACTURERS ENTER INTO COOPERATION ON ELECTRIC BUSES IN CHINA.  Full Article

Bookrunner Says First Day Of Trading For Knorr Bremse's Shares Is Oct. 12
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Knorr Bremse AG KBX.D::KNORR BREMSE AG IPO: BOOKRUNNER SAYS FIRST DAY OF TRADING FRIDAY OCTOBER 12.  Full Article

Knorr-Bremse Shares To Be Sold At 78-80 Eur/Shr- IPO Bookrunner
Monday, 8 Oct 2018 

Oct 8 (Reuters) - :KNORR-BREMSE SHARES WILL BE SOLD IN A 78-80 EURPER SHARE PRICE RANGE IN PLANNED IPO- BOOKRUNNER.KNORR-BREMSE BOOKS ARE COVERED THROUGHOUT THIS RANGE - BOOKRUNNER.  Full Article

Haldex Q1 operating profit up sharply yr/yr
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Haldex AB ::Q1 NET SALES, SEK M 1,252 (1,148).Q1 OPERATING INCOME, SEK M 90 (37).Q1 OPERATING MARGIN, % 7.2 (3.2).SAYS WE BELIEVE THAT NET SALES FOR 2018 WILL INCREASE COMPARED TO 2017.SAYS OPERATING MARGIN FOR 2018 IS EXPECTED TO BE SOMEWHAT LOWER OR IN LINE WITH OPERATING MARGIN EXCLUDING ONE-OFF ITEMS IN 2017.SAYS MARKET GROWTH IN Q1 HAS BEEN SLIGHTLY HIGHER THAN IN PREVIOUS FORECASTS, BUT OUR OVERALL ASSESSMENT FOR 2018 HAS REMAINED SAME.SAYS IF MARKET GROWTH CONTINUES TO EXCEED PREVIOUS FORECASTS, HALDEX MAY NEED TO REVISE ITS ASSESSMENT FOR 2018.  Full Article

Haldex Q3 core profit drops as takeover costs linger
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Haldex AB :Q3 ‍net sales, SEK 1,081​ mln (1,076).Haldex AB Q3 ‍operating income, excluding one-off items, SEK 68 mln (80)​.Says ‍after currency adjustments, net sales increased by 3%​.Says ‍assessment of 2017 is that it will be a year during which production volumes could exceed last year's levels​.Says ‍but with unexpected and rapid change in demand we are still in a situation where we cannot fully benefit from situation​.Says ‍our earnings forecast for 2017 has not changed​.Says ‍our ambition is to continue to ensure good profitability, but due to higher costs from takeover process, operating margin for 2017 is forecast to be slightly lower than in 2016.​.Says ‍convinced that, as we approach 2018, Haldex will be able to benefit from improved market conditions and current strategic partnerships will result in an even stronger position in market​.Says ‍upswing in demand during Q3, while positive, also resulted in higher costs​.Says ‍for example, we added more shifts in some factories and deliveries had to be rescheduled at a higher cost​.Says ‍quarter continued to be burdened by takeover process, which has diverted focus and resources​.  Full Article

Knorr Bremse ‍withdraws offer for Haldex
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - KNORR BREMSE AG [RIC:RIC:STELLG.UL]::‍WITHDRAWS ITS OFFER FOR HALDEX AND TERMINATES MERGER CLEARANCE PROCESS​.SHARES THAT HAVE BEEN TENDERED IN OFFER WILL HENCE NOT BE ACQUIRED BY KNORR-BREMSE.  Full Article

Knorr-Bremse withdraws offer for Haldex
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - Knorr Bremse AG [RIC:RIC:STELLG.UL]:Knorr-Bremse withdraws its offer for Haldex <<>> and terminates merger clearance process.Says has made this decision based on a careful assessment of all options and under consideration of interests of all stakeholders.Says without cooperation and support of Haldex, merger clearance cannot be obtained.Says with respect to our shareholding in Haldex we will act as a responsible shareholder and use all our options now at hand in best interest of company and Knorr-Bremse.  Full Article