Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Knorr-Bremse AG
  6. News
  7. Summary
    KBX   DE000KBX1006

KNORR-BREMSE AG

(KBX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Orders from the Czech Republic: Knorr-Bremse supplies brake equipment for …

09/02/2021 EDT
Orders from the Czech Republic: Knorr-Bremse supplies brake equipment for Škoda Transportation trains September 2, 2021

Knorr-Bremse has once again contracted with the Czech Republic's largest vehicle manufacturer Škoda Transportation a.s. to supply original equipment for light rail vehicles and commuter trains. The total value of the orders is in the high single-digit million-euro range. The vehicles will be used primarily in the Czech Republic.

Once again, Knorr-Bremse has been commissioned by the Czech Republic's largest vehicle manufacturer, Škoda Transportation a.s., to supply original equipment for light rail vehicles and local mass-transit trains. | © Škoda Transportation a.s.

'The thriving partnership between Knorr-Bremse and Škoda Transportation was put under pressure by Covid-related travel restrictions. That's why we're so pleased to be able to supply our most important Czech customer with our reliable, highly durable braking systems once again,' says Dr. Peter Radina, Member of the Management Board of Knorr-Bremse Systeme für Schienenfahrzeuge GmbH and responsible for Knorr-Bremse's business in Austria.

Light rail vehicles and electric commuter trains

Five new low-floor light rail vehicles (LRVs) destined for the Czech city of Brno will be fitted with a Knorr-Bremse hydraulic braking system; the contract includes an option for equipping another 35 LRVs. Knorr-Bremse has also been commissioned to equip 19 two-car electric commuter trains, each with a seating capacity of 160, and 29 three-car electric commuter trains, each with a seating capacity of 240. Again, the contract includes an option for equipping another 31 trains in the same class. Knorr-Bremse is providing the air supply units, pneumatic braking systems - including magnetic track brakes developed and manufactured in Mödling - and sanding systems (also produced in Mödling).

All projects are managed on the basis of highly standardized platform agreements. 'For us and our customer, this has the advantage of reducing the amount of engineering effort required on both sides, as well as shortening delivery times. The proven, streamlined project management approach we've established with Škoda Transportation has, once again, proved its worth. And we're hoping to win new orders for the growing market in Central and Eastern Europe,' explains Manfred Reisner, Managing Director of Knorr-Bremse GmbH in Mödling, Austria, as he looks forward to the future with optimism.

Back to overview Contact
Phone: +49 89 3547-1402
alexandra.bufe@knorr-bremse.com
Knorr-Bremse AG
Moosacher Straße 80
80809 München
Germany
Alexandra Bufe Spokesperson | Vice President Corporate Communications
Downloads

Disclaimer

Knorr-Bremse AG published this content on 02 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2021 15:21:08 UTC.


ę Publicnow 2021
All news about KNORR-BREMSE AG
10/15KNORR BREMSE : Dr. Peter Laier to leave Knorr-Bremse at the end of December 2021
PU
10/15KNORR-BREMSE AKTIENGESELLSCHAFT : Dr. Peter Laier to leave Knorr-Bremse at the end of Dece..
EQ
10/15PRESS RELEASE : Knorr-Bremse Aktiengesellschaft: Dr. Peter Laier to leave Knorr-Bremse at ..
DJ
10/14KNORR-BREMSE : UBS reaffirms its Buy rating
MD
10/13KNORR-BREMSE : Berenberg sticks Neutral
MD
10/11KNORR-BREMSE : Receives a Buy rating from Warburg Research
MD
10/11KNORR-BREMSE AKTIENGESELLSCHAFT : Notification and public disclosure of transactions by pe..
EQ
10/11KNORR-BREMSE : JP Morgan sticks Neutral
MD
10/04KNORR-BREMSE : Credit Suisse maintains a Sell rating
MD
10/01KNORR-BREMSE : Deutsche Bank remains Neutral
MD
More news
Analyst Recommendations on KNORR-BREMSE AG
More recommendations
Financials
Sales 2021 6 736 M 7 814 M 7 814 M
Net income 2021 596 M 692 M 692 M
Net Debt 2021 356 M 413 M 413 M
P/E ratio 2021 25,0x
Yield 2021 1,87%
Capitalization 14 830 M 17 205 M 17 203 M
EV / Sales 2021 2,25x
EV / Sales 2022 2,07x
Nbr of Employees 30 474
Free-Float 41,0%
Chart KNORR-BREMSE AG
Duration : Period :
Knorr-Bremse AG Technical Analysis Chart | KBX | DE000KBX1006 | MarketScreener
Technical analysis trends KNORR-BREMSE AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 92,00 €
Average target price 108,31 €
Spread / Average Target 17,7%
EPS Revisions
Managers and Directors
Jan Michael Mrosik Chairman-Executive Board
Frank Markus Weber Chief Financial Officer
Klaus J. Mangold Chairman-Supervisory Board
Werner Ratzisberge Member-Supervisory Board
Michael Jell Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
KNORR-BREMSE AG-17.62%17 205
PACCAR, INC.0.71%30 166
TOYOTA INDUSTRIES CORPORATION18.32%26 352
EPIROC AB (PUBL)163.68%26 346
KUBOTA CORPORATION6.20%25 294
KOMATSU LTD.-0.51%23 207