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12/15/2019

Knorr-Bremse Budapest named “Company of the Year” by leading Hungarian business magazine Figyelö

The jury of one of Hungary’s leading business magazines, Figyelö, has named Knorr-Bremse Rail Systems Budapest “Company of the Year” 2019 at its annual TOP200 gala. According to the expert jury, the company has displayed an outstanding performance in terms of investments and innovation.

10/14/2019

Improving traffic safety: Kiepe Electric to equip trams in Hanover with collision avoidance systems

  • Kiepe Electric to retrofit collision avoidance systems with components from Bosch Engineering to 50 light rail vehicles (LRVs) run by Hanover mass transit operator
  • Radar and camera sensors scan the area in front of the vehicle
  • Driver assistance system warns the driver and activates the brakes if a collision is imminent

Kiepe Electric, a subsidiary of Knorr-Bremse, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle subsystems, has won an order from Hanover mass transit operator ÜSTRA to equip 50 light rail vehicles with collision avoidance systems. Following a successful field trial of a vehicle fitted with the system, further TW3000 vehicles are due to be retrofitted in 2020.

06/50/2019

Ready to roam the Land of the Great Steppe: Knorr-Bremse to service braking systems of Alstom locomotive fleet in Kazakhstan

  • Knorr-Bremse Russia and Alstom Kazakhstan have signed a comprehensive 25-year service agreement for up to 200 double-section freight locomotives and 95 passenger locomotives in Kazakhstan
  • The service agreement was signed in Berlin on occasion of Kazakh President Kassym-Jomart Tokayev’s visit to the German capital
  • By providing brake equipment and servicing, Knorr-Bremse will help connect major cities and serve international trade routes in the world’s ninth-largest country – bolstering faster, safer and more reliable transport of goods and passengers

Knorr-Bremse, the world’s leading manufacturer of braking systems and supplier of additional subsystems for rail and commercial vehicles, has signed a comprehensive service agreement with Alstom. Until 2051, Knorr-Bremse’s RailServices unit will maintain the brake systems of up to 200 double-section freight locomotives and 95 passenger locomotives operated by Kazakhstan’s national railway company KTZ. The collaboration will help to strengthen the 2.7 million square-kilometer Central Asian country’s burgeoning role as a cross-continental hub for rail traffic.

27/28/2019

Knorr-Bremse AG firmly on track after nine months: sales and profitability up further

  • Outlook for the 2019 fiscal year confirmed: Sales of between EUR 6,875m and EUR 7,075m, operating EBITDA margin of between 18.5% and 19.5%
  • Further growth: Group sales increase by 6.4% to EUR 5,313m from January to September 2019
  • Increased profitability: Operating EBITDA margin of 18.8% vs. 17.9% in prior-year period
  • High inflow of money: Operating cash flow increases by 71.1% to EUR 554m
  • Sale and lease-back transaction in Munich announced: Book profit of EUR 46m in Q4 - cash inflow in 2019 and 2020/2021

Knorr-Bremse, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems, today published its nine-month results for 2019.

27/28/2019

Knorr-Bremse AG firmly on track after nine months: sales and profitability up further

  • Outlook for the 2019 fiscal year confirmed: Sales of between EUR 6,875m and EUR 7,075m, operating EBITDA margin of between 18.5% and 19.5%
  • Further growth: Group sales increase by 6.4% to EUR 5,313m from January to September 2019
  • Increased profitability: Operating EBITDA margin of 18.8% vs. 17.9% in prior-year period
  • High inflow of money: Operating cash flow increases by 71.1% to EUR 554m
  • Sale and lease-back transaction in Munich announced: Book profit of EUR 46m in Q4 - cash inflow in 2019 and 2020/2021

Knorr-Bremse, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems, today published its nine-month results for 2019.

18/39/2019

Modernization by Kiepe Electric: Low-floor trams on mass-transit duty in Schwerin ready for at least another 20 years

  • Following the modernization and retrofit of their electrical equipment, 30 trams are heading for another 20 years’ service
  • Modern passenger-compartment HVAC systems from Kiepe Electric ensure greater comfort on board
  • Extended life cycle through obsolescence solutions and retrofittable HVAC systems offers a model for many other aging tram fleets

Kiepe Electric, a subsidiary of Knorr-Bremse, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle subsystems, is to modernize 30 low-floor trams for Schwerin’s mass transit operator Nahverkehr Schwerin GmbH (NVS). The city’s 15-year-old fleet will undergo a retrofit of its electrical equipment and HVAC systems.

30/06/2019

Knorr-Bremse realigns portfolio and sells Powertech business unit to Radial Capital Partners (RCP)

  • Sale covers all Powertech power supply systems activities
  • Consistent alignment with Knorr-Bremse’s core competencies
  • EBIT margin expected to improve by 50 basis points following a nonrecurring charge in 2019

Knorr-Bremse, the global market leader for braking systems and a leading supplier of other subsystems for rail and commercial vehicles, today signed an agreement regarding the sale of its Powertech business unit to Munich-based Radial Capital Partners (RCP). Closing will take place immediately after the agreement is signed.

25/47/2019

Automatic train handling: Knorr-Bremse’s NYAB subsidiary successfully trials self-operating capabilities of freight train

  • LEADER® AutoPilot™, the on-board energy management system of Knorr-Bremse’s New York Air Brake subsidiary, successfully operated a freight train from start to finish
  • The system demonstrated automatic control of throttle, dynamic brake, independent brake and air brakes, contributing to lower fuel consumption and reduced in-train forces
  • The test run highlights potentials for energy-efficient train operation

New York Air Brake LLC (NYAB), a North American-based subsidiary of the Knorr-Bremse Group, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle subsystems, deployed its on-board energy management system, LEADER® AutoPilot™, to test the automatic driving capabilities of a freight train in Colorado, USA, at the end of August. The system managed to automatically start, accelerate, brake, and stop a heavy-haul cargo train in different terrains, helping to cut fuel use and increase efficiency.

16/12/2019

Knorr-Bremse Rail Systems Italy to provide braking systems for 50 double-decker regional trains from Hitachi Rail

Knorr-Bremse Rail Systems Italy has signed a contract with Hitachi Rail SpA to supply braking and sanitary systems for 50 double-decker regional trains destined for Ferrovie Nord Milano. The new trains will consolidate Knorr-Bremse’s already strong presence in braking systems for Italian regional trains. This latest contract is in addition to the double-decker platform which Hitachi is manufacturing for Trenitalia, and for which Knorr-Bremse is also supplying braking and sanitary systems. Here, the framework agreement is for up to 300 trains.

12/39/2019

Knorr-Bremse continues profitable growth in first half of 2019 and confirms full-year guidance

  • Strong growth: Revenues up 8.4% in first half of 2019 to €3,602 million—best first-half revenues in company history
    - RVS division with strong growth, particularly in aftermarket business
    - CVS division once again outgrows commercial vehicle market
  • Healthy earnings performance: 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

Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other safety-critical rail and commercial vehicle systems, today published its results for the first half of 2019.

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