Knorr-Bremse hits €1B profit milestone with steady 2025 performance
Knorr-Bremse has reported steady financial results for 2025, with revenue holding firm at around €7.8 billion. The company achieved a major milestone by surpassing €1 billion in operating profit for the first time. Share performance over the past year reflected broader improvements in industrial demand and supply chain stability.
The company's full-year revenue remained nearly unchanged from 2024, staying close to €7.8 billion. However, organic growth in the fourth quarter picked up, rising by 6.4%. Net profit for the same period reached €127.8 million.
Operating profit climbed by 5.1% to €1.016 billion, pushing the operating EBIT margin up from 12.3% to 13.0%. Free cash flow also hit a record high of €790 million. By the end of 2025, the order backlog stood at nearly €7.4 billion.
Looking ahead to 2026, Knorr-Bremse has set a revenue target between €8.0 and €8.3 billion. The operating margin is expected to reach around 14%. Restructuring costs for the coming year are budgeted at up to €30 million.
Stock performance over the past 12 months was shaped by stronger demand in railway and commercial vehicle sectors, as well as a wider recovery in industrial markets. The stabilization of global supply chains also played a role in investor confidence.
Knorr-Bremse enters 2026 with a solid financial foundation, backed by record cash flow and a substantial order backlog. The company's focus on margin improvement and restructuring will guide its next phase of growth. Analysts will likely watch how industrial trends and supply chain conditions continue to influence performance.
