In This Article:
Knorr-Bremse (ETR:KBX) Full Year 2024 Results
Key Financial Results
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Revenue: €8.00b (flat on FY 2023).
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Net income: €445.5m (down 19% from FY 2023).
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Profit margin: 5.6% (down from 6.9% in FY 2023).
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EPS: €2.77 (down from €3.43 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Knorr-Bremse EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%.
The primary driver behind last 12 months revenue was the Rail Vehicle Systems segment contributing a total revenue of €4.04b (51% of total revenue). The largest operating expense was General & Administrative costs, amounting to €2.05b (54% of total expenses). Explore how KBX's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company's shares are up 3.5% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Knorr-Bremse that you need to take into consideration.
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