Press releases
Success in India: Knorr-Bremse partners with Alstom to equip metro trains for megacities Bhopal and Indore
- On behalf of Alstom, Knorr-Bremse is fitting braking and climate control systems to 52 Movia metros ordered by Madhya Pradesh Metro Rail Corporation Limited
- Trains will serve on metro lines currently under construction in Bhopal and Indore
- Knorr-Bremse systems are in high demand for major projects in the emerging Indian rail market
- For Knorr-Bremse, the order value is in the lower double-digit million-euro range
Knorr-Bremse is to equip more metro trains destined for major cities in India in partnership with Alstom. The equipment includes braking and climate control systems for 52 Alstom Movia trains with a total of 156 railcars ordered by Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) for Bhopal and Indore. Knorr-Bremse will also provide comprehensive services for these technologies over a 15-year period. With this order, Knorr-Bremse is benefiting from the dynamic development of India’s transportation sector while contributing to safe, reliable, eco-friendly mobility in the country’s mass transit segment.
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Knorr-Bremse Sees Higher Profit Margin and Strong Cash Flow
- Robust demand continues in both divisions in the first nine months of 2023: order intake rises to € 6.2 billion
- Order book reaches a new record high of roughly € 7.2 billion
- Knorr-Bremse’s revenue increases by a significant 12.7% to roughly € 5.9 billion
- BOOST 2026 strategy program: efficiency increase measures show initial success; operating EBIT margin in third quarter rises to 11.5% (Q2/23: 11.1%)
- Free cash flow in third quarter rises significantly to € 230 million (Q3/22: € 38 million) with a cash conversion rate of 168% (Q3/22: 25%)
- Group confirms Guidance for 2023
Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other safety-critical rail and commercial vehicle systems, today published its results for the first nine months and third quarter of 2023.
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Autonomous truck sets course for the motorway
ATLAS-L4 funding project records important milestones
- Sensor vehicle already collecting data on the autobahn
- Technical basis laid for Control Center for autonomous driving
- First automated test drives on the autobahn to take place this year
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Knorr-Bremse Business Divisions
The Rail Vehicle Systems division of this long-established company equips mass transit and long distance rail vehicles with highly advanced products. Along with braking systems these include intelligent entrance systems, HVAC systems, auxiliary power supply systems, control components and windscreen wiper systems, platform screen doors, friction material, driver assistance systems and control technology.
Please click here for further information.
The Commercial Vehicle Systems division offers braking systems for trucks, buses, trailers and agricultural machinery. Knorr-Bremse is a leading player in electronic brake controls, driver assistance systems and air supply systems, thus making an important contribution to road safety. Powertrain systems are another product area, including torsional vibration dampers for diesel engines.
Please click here for further information.
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Knorr-Bremse AG
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Nov 28, 2023, 5:35:16 PM
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Knorr-Bremse Group
We see it as our daily mission to make a significant contribution to greater safety and efficiency on roads and railways. That goes for passenger and goods transport – all over the world.
Making mobility safe and efficient on roads and railways – that is the mission driving us each and every day at Knorr-Bremse. It has been that way for over 115 years. Today the Knorr-Bremse Group, based in Munich, is the world’s leading manufacturer of braking systems and a leading supplier of safety-relevant sub-systems for rail and commercial vehicles. As an innovator in our fields, we advance developments in mobility and transport technologies.
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