Knorr-Bremse

Knorr-Bremse reported sales of €2.051 billion (+9%) and operating EBIT of €299 million (+19.1%) for the quarter ended September; the EBIT margin rose to 14.6%. Order intake increased to €2.053 billion, and free cash flow rose by almost 50% to €238 million. The group reaffirmed its full-year guidance and sees revenue and free cash flow each at the upper end of the previously stated ranges. » Altro su finanzen.net

Knorr-Bremse has expanded cooperation with CARS (China Railway) and will collaborate on key innovations in rail freight. Additional positive newsflow (Automechanika award, extended truck supply contract until 2033, AI cooperation with Infosys) pushed the share price up 2.8% to €103.20. Analyst consensus is constructive with an average target of €119.53 (majority "Buy"), but the InvestingPro fair-value model calculates only €92.21 and urges caution. The next price driver will be Q3 results on October 29, with focus on revenue, margin and order intake. » Altro su de.investing.com

Knorr-Bremse climbs to €102.55, driven by a €20 million customs refund following a US Supreme Court decision. Additional share drivers include a strong Q2 with revenue and EBIT beats, the launched growth initiative “Growth Beyond,” and a new AI partnership with Infosys. Analyst consensus remains optimistic with an average price target of €119.20, while an InvestingPro-Fair-Value of €89.87 classifies the stock as overvalued and signals valuation risks. » Altro su de.investing.com