Knorr-Bremse set for Q1 profit miss, but points out good order intake

NAMPA / DPA

2025-04-29

Frankfurt (dpa) - German braking systems manufacturer Knorr-Bremse reported preliminary first-quarter results on Tuesday, forecasting profit and revenue below market expectations but with significantly stronger-than-expected order intake. Despite the earnings miss, the company said the results reflect a positive overall business performance in the quarter. Knorr-Bremse expects to report net income of approximately ?143 million ($162 million), or......

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