Knorr-Bremse

Marc Llistosella sees China as a serious challenge for European industry and calls for a rethink in EU economic policy. He advocates targeted tariffs instead of general protectionism and suggests subsidising Chinese manufacturers only if they produce a high share locally in Europe (e.g., 80 percent including the battery). Llistosella recommends learning from China’s market orientation and engineering training while steering Chinese investment so both sides benefit. Knorr-Bremse reported third-quarter 2026 sales of about €2.05 billion and an operating margin of 14.6 percent. » More on t-online.de

Knorr-Bremse CEO Marc Llistosella calls for a rethink of European economic policy in light of rising competition from China and warns Europe could be eliminated in 15 years if nothing changes. He rejects blanket protectionism but advocates targeted tariffs, stricter local‑content rules for Chinese investments and joint ventures with know‑how transfer. Llistosella sees particular vulnerabilities to Chinese manufacturers in the truck and bus markets and demands an honest assessment of Germany’s education, structure and competitiveness. Europe should invite China to produce here, but under the same conditions that European firms face in China. » More on welt.de

On 30 October 2026 Dr. Nicolas Lange (board member) increased his stake in Knorr-Bremse by buying 556 shares at EUR 89.87 each. Earlier the same day another board purchase of 600 shares at EUR 88.10 each had been reported. The share rose in FSE trading to EUR 90.65 (+1.60%); market value around EUR 14.48 billion with 161,200,000 shares in free float. » More on finanzen.net

On 30/10/2026 Knorr-Bremse reported an insider transaction: executive board member Bernd Spies acquired 556 shares at €88.95 each. In FSE trading the Knorr-Bremse share then rose to €90.65 (+1.60%). Knorr-Bremse is valued at around €14.48 billion and the free float amounts to 161,200,000 shares. » More on finanzen.net

Knorr-Bremse now expects revenue (8.1–8.3 billion euros) and free cash flow (750–850 million euros) to be at the upper end of the ranges; the operating margin (EBIT) is still expected to be 14–14.5 percent. In the third quarter, revenue rose to around 2.05 billion euros and the adjusted EBIT margin was 14.6 percent, with profit of 184 million euros. Order intake was mixed: trucks increased significantly while the train business fell by almost 11 percent, leading analysts to describe the quarter as mixed. The share price fell by about four percent to €92.45 after the announcement. » More on finanzen.net