Knorr-Bremse AG

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Knorr-Bremse AG engages in the manufacture and sale of braking systems for rail and commercial vehicles. It operates through the Rail Vehicle Systems and Commercial Vehicle Systems segments. The Rail Vehicle Systems segment supplies products and services for local public transport vehicles, such as metros, light rail vehicles, freight cars, locomotives, regional and high-speed trains, and monorails. The Commercial Vehicle Systems segment offers brake systems and vehicle dynamics solutions including driver assistance and automated driving, brake control, brake system, steering, and electronic leveling control, energy supply and distribution systems such as air compressors and air treatment, and fuel efficiency products including engine components and transmission sub-systems. The company was founded by Georg Knorr in 1905 and is headquartered in Munich, Germany.

Knorr-Bremse shares were up almost 7% after it reported better-than-expected results and issued guidance ahead of consensus forecasts.

Knorr-Bremse Jumps on Profit Beat, Outlook Upgrade

Knorr-Bremse is a German industrial company that manufactures braking systems for commercial vehicles and has strong fundamentals. The company has a well-filled order book and is experiencing high demand in the rail and trucking markets. Despite some challenges, Knorr-Bremse is expected to achieve significant upside in the long term, making it an attractive investment opportunity.

Knorr-Bremse: I Just Bought More Of This Superb Industrial

News for Knorr-Bremse AG Stock (KNRRY)