Press Releases

Bendix Parent Company, Knorr-Bremse, Ideally Placed For Further Growth After Record Figures In 2017

March 20, 2018 [Bendix]

• Sales up 13.5% at EUR 6.24 billion (2016: EUR 5.49 bn)

• EBITDA rose to EUR 1.06 billion (2016: EUR 1.01 bn) despite extraordinary expenses

• Net income increased to EUR 580 million (2016: EUR 550 m)

• R&D expenditure reached EUR 359 million or 6% of sales (2016: EUR 328 m)

• 2018 targets: sales growth to EUR 6.4 – 6.6 billion; EBITDA margin 17 – 19%

 
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