Knorr-Bremse stock trades 1.54% above prior Xetra close
Published on 11/09/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfitability Meets Investor Focus
- Knorr-Bremse reported stronger third-quarter revenue, operating EBIT and free cash flow.
- Management expects 2026 revenue and free cash flow at the upper end of its guidance ranges.
- Rail order intake remains a near-term execution issue as Truck demand improves.
Knorr-Bremse stock traded at 95.90 euros on Lang & Schwarz at 17:08 CET on Monday, November 9, 2026, 1.54 percent above the Xetra close of Friday, November 6, at 94.45 euros. The quote was also 2.02 percent above the 94.00-euro Lang & Schwarz quote in the latest relevant report published on November 8.
Strong Quarter Sets Investor Backdrop
Knorr-Bremse reported third-quarter 2026 revenue of 2.051 billion euros, up 9.0 percent from a year earlier. Operating EBIT rose 19.1 percent to 299 million euros, while the operating EBIT margin reached 14.6 percent from 13.3 percent.
Free cash flow increased 49.8 percent to 238 million euros. The company said revenue and free cash flow should reach the upper end of their 2026 guidance ranges, which cover revenue of 8.1 billion to 8.3 billion euros and free cash flow of 750 million to 850 million euros.
The figures come from Knorr-Bremse and its investor-relations release published on October 28.
Rail Orders Remain Key Test
The quarterly picture remains mixed across divisions. Rail order intake was below the prior-year period, while Truck order intake benefited from recovering demand in North America and Europe. Knorr-Bremse expects a partial Rail order recovery in the fourth quarter, making order timing and execution important indicators for investors.
The share-price comparison with the latest own report is separate from the daily Xetra comparison: the former measures the move since November 8, while the latter uses the last completed Xetra session before the Monday evening quote.
Knorr-Bremse Investor Snapshot
- Company: Knorr-Bremse AG
- ISIN: DE000KBX1006
- Lang & Schwarz quote: 95.90 euros, November 9, 2026, 17:08 CET
- Xetra comparison close: 94.45 euros, November 6, 2026
- 2026 revenue outlook: 8.1 billion to 8.3 billion euros, with revenue expected at the upper end
- 2026 free cash flow outlook: 750 million to 850 million euros, with free cash flow expected at the upper end
German industrial shares remain in focus through the DAX market as investors assess earnings momentum and cyclical demand.
More news and analyses on Knorr-Bremse stock will focus on order intake, margins, cash flow and the company's upcoming investor discussions.
