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Knorr Bremse AG (KBX.DE)

KBX.DE on Xetra

88.95EUR
2:51pm IST
Change (% chg)

€-0.74 (-0.83%)
Prev Close
€89.69
Open
€88.80
Day's High
€89.18
Day's Low
€88.62
Volume
12,784
Avg. Vol
201,239
52-wk High
€103.70
52-wk Low
€73.93

Latest Key Developments (Source: Significant Developments)

Knorr Bremse Says H1 EBIT Up 12.9% To 533 Mln Euros
Thursday, 12 Sep 2019 

Sept 12 (Reuters) - Knorr Bremse AG ::KNORR-BREMSE CONTINUES PROFITABLE GROWTH IN FIRST HALF OF 2019 AND CONFIRMS FULL-YEAR GUIDANCE.REVENUES UP 8.4% IN FIRST HALF OF 2019 TO €3,602 MILLION.OPERATING EBITDA MARGIN (ADJUSTED FOR RESTRUCTURING EXPENSES) INCREASED FROM 18.0% TO 19.0%.EARNINGS PER SHARE: 21.1% INCREASE TO €2.13. FULL-YEAR GUIDANCE FOR 2019 CONFIRMED.GROUP’S INCOMING ORDERS INCREASED BY 1.8% IN THE FIRST HALF OF FISCAL YEAR 2019 TO €3,581 MILLION.H1 EBITDA UP 14.9% TO €669 MILLION.EBIT ROSE IN H1 BY 12.9% TO €533 MILLION.  Full Article

Knorr-Bremse Acquires 21.3 Pct Share In Israeli Start-Up Railvision
Thursday, 14 Mar 2019 

March 14 (Reuters) - Knorr Bremse AG ::KNORR-BREMSE ACQUIRES SIGNIFICANT SHARE IN ISRAELI START-UP RAILVISION.KNORR-BREMSE TODAY ACQUIRED A 21.3% SHARE IN THE ISRAELI START-UP RAILVISION.STRATEGIC INVESTMENT OF $10 MILLION IN OBSTACLE DETECTION TECHNOLOGY FOR RAIL VEHICLES BASED ON VIDEO AND INFRARED.RAILVISION PROVIDES OBSTACLE DETECTION TECHNOLOGY FOR RAIL VEHICLES BASED ON INFRARED AND VIDEO WHICH IS A CRUCIAL TECHNOLOGY FOR REALIZING AUTOMATED DRIVING FUNCTIONS.  Full Article

Knorr Bremse Sees Higher 2018 FY Profit
Thursday, 7 Mar 2019 

March 7 (Reuters) - Knorr Bremse AG ::2018 FY PROFIT HIGHER THAN 2017 PROFIT.HAVE SEEN TWO STRONG MONTHS.  Full Article

Knorr-Bremse Says FY Reported Revenues Up 7.5% To EUR 6.62 Bln
Thursday, 7 Mar 2019 

March 7 (Reuters) - Knorr Bremse AG ::DGAP-NEWS: KNORR-BREMSE AKTIENGESELLSCHAFT: KNORR-BREMSE AG PRESENTS STRONG PRELIMINARY FULL-YEAR 2018 NUMBERS - GUIDANCE FULLY DELIVERED - PROFITABLE GROWTH EXPECTED TO CONTINUE IN 2019.CONFIDENT OUTLOOK 2019 DESPITE GROWING ECONOMIC AND POLITICAL RISKS.FY REPORTED REVENUES UP 7.5% TO 6,616 MEUR (PY: 6,154 MEUR).FY ORDER BOOK GROWS BY 9.2% TO 4,563 MEUR (PY: 4,177 MEUR).OUTLOOK 2019: REVENUES 6,800-7,000 MEUR, EBITDA MARGIN CORRIDOR 18.0%-19.0.INTENDS TO PROPOSE A DIVIDEND WITHIN RANGE OF 40-50% OF NET PROFIT.FY REPORTED EBITDA OF 1,178 MEUR, AN INCREASE OF 5.6% ON 2017 (1,116 MEUR).GROUP EBIT FOR 2018 CAME TO 972 MEUR, UP 7.6% YOY (2017: 904 MEUR).  Full Article

Knorr-Bremse Buys Commercial Vehicle Steering Systems Business Of Hitachi Automotive Systems
Friday, 7 Dec 2018 

Dec 7 (Reuters) - Knorr Bremse Ag ::DGAP-ADHOC: KNORR-BREMSE AKTIENGESELLSCHAFT: KNORR-BREMSE ACQUIRES THE COMMERCIAL VEHICLE STEERING SYSTEMS BUSINESS OF HITACHI AUTOMOTIVE SYSTEMS, LTD. IN JAPAN AND THAILAND.TRANSACTION IS EXPECTED TO BE COMPLETED IN Q1 2019.IN 2017, IPS BUSINESS GENERATED A TURNOVER CLOSE TO 100 MILLION EUROS AND HAS APPROXIMATELY 350 EMPLOYEES.  Full Article

Knorr Bremse Reports 9.5 Pct Revenue Growth in 9M
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Knorr Bremse AG ::KNORR-BREMSE'S ORDER BACKLOG REACHED A NEW HIGH OF 4.449BN EUR AT END OF Q3, AN INCREASE OF 11.9% AGAINST PRIOR YEAR (ADDS DROPPED WORD "YEAR").KNORR-BREMSE PRESENTS STRONG FIGURES FOR FIRST NINE MONTHS OF 2018.REVENUES GROW BY 9.5% TO 4.994 MEUR DURING FIRST NINE MONTHS OF 2018 . BOTH SEGMENTS CONTRIBUTING.IMPROVED PROFITABILITY: EBITDA RISES BY 12.6% AGAINST PREVIOUS YEAR TO 876 MEUR, MARGIN EXPANDS BY 40 BASIS POINTS TO 17.5% (PREVIOUS YEAR 17.1%).ORDER BACKLOG GROWS BY 11.9% AGAINST PREVIOUS YEAR TO 4.449 MEUR, UNDERSCORING GOOD MEDIUM-TERM PROSPECTS.GUIDANCE FOR FISCAL YEAR 2018: REVENUES 6.6-6.7BN EUR, EBITDA MARGIN OF 17.5%-18.5%.OUR ABOVE-AVERAGE RESEARCH AND DEVELOPMENT COSTS OF 6.8% OF REVENUES PAY DIVIDENDS AND WE INTEND TO GENERATE ABOVE-AVERAGE GROWTH, BASED ON SECTOR MEGATRENDS, ALSO IN MEDIUM TERM.OUTLOOK FOR 2018: ASSUMING A STABLE ECONOMIC BACKDROP, COMPANY EXPECTS TO GENERATE 6.7-6.8BN EUR IN REVENUES FOR FULL YEAR 2018 (2017: 6.154 MEUR), AND AN EBITDA MARGIN WITHIN A RANGE OF 17.5% TO 18.5% (2017: 18.1%).  Full Article

Knorr Bremse IPO Bookrunner Says Deal Upsized To 30 Pct Free Float Including Greenshoe
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - Knorr Bremse AG's Bookrunner::KNORR BREMSE AG IPO: BOOKRUNNER SAYS REVISED PRICE GUIDANCE OF EUR 78.00-EUR 80.00 PER SHARE.KNORR BREMSE AG IPO: BOOKRUNNER SAYS ORDERS BELOW EUR 80.00 PER SHARE RISK MISSING.KNORR BREMSE AG IPO: BOOKRUNNER SAYS DEAL UPSIZED TO 30% FREE FLOAT INCLUDING GREENSHOE, BOOKS CLOSE AT 1200HRS (UK) ON WEDNESDAY.KNORR BREMSE AG IPO: BOOKRUNNER SAYS EXPECTED ALLOCATIONS AND TRADE DATE ON THURSDAY 11 OCTOBER.KNORR BREMSE AG IPO: BOOKRUNNER SAYS EXPECTED FIRST DAY OF TRADING ON FRIDAY 12 OCTOBER.  Full Article

Knorr Bremse IPO Bookrunner Says Books Covered On Base Deal Size, Greenshoe
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Knorr Bremse IPO Bookrunner::KNORR BREMSE AG IPO BOOKRUNNER - BOOKS ARE COVERED ON BASE DEAL SIZE + GREENSHOE.  Full Article

Knorr Bremse IPO: Bookrunner Says IPO Price Range EUR 72.00 - EUR 87.00 Per Share
Friday, 28 Sep 2018 

Sept 28 (Reuters) - BOOKRUNNER: Knorr Bremse AG [RIC:RIC:STELLG.UL] IPO::KNORR BREMSE IPO: BOOKRUNNER SAYS IPO PRICE RANGE EUR 72.00 - EUR 87.00 PER SHARE.KNORR BREMSE IPO: BOOKRUNNER SAYS BOOKS EXPECTED TO OPEN MONDAY 1 OCTOBER.KNORR BREMSE IPO: BOOKRUNNER SAYS IMPLIED MARKET CAP EUR 11.6 BN TO EUR 14.0 BN.  Full Article

Mutares Acquires UK Provider Of Vehicle Services From Knorr-Bremse
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Mutares Ag ::DGAP-NEWS: INVESTMENT COMPANY MUTARES ACQUIRES UK PROVIDER OF VEHICLE SERVICES FROM KNORR-BREMSE.CLOSING OF TRANSACTION EXPECTED UNTIL AUTUMN 2018.NEW PLATFORM INVESTMENT WITH ANNUAL SALES OF APPROX. GBP 75 M.  Full Article

German stocks - Factors to watch on August 19

BERLIN/FRANKFURT, Aug 19 The following are some of the factors that may move German stocks on Monday: