German manufacturer Knorr-Bremse confirms outlook as Q1 revenue flat

NAMPA / DPA

2025-05-08

Berlin (dpa) - German manufacturer Knorr-Bremse on Thursday reported weak first-quarter earnings amid stable revenue and a rise in orders. The company, which specializes in braking systems, confirmed its guidance for the 2025 fiscal year. In its first quarter, earnings per share dropped 11.6% to ?0.84 ($0.95) from ?0.95 last year. Earnings before interest and tax (EBIT) dropped 14% to ?204.2 million from ?237.5 million a year ago. EBIT margin d......

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