To the Shareholders
We are living in extraordinary times, through a period that poses major challenges not just to our company, but to our society as a whole.
Bernd Eulitz – Chairman of the Executive Board of Knorr-Bremse AG
Our Corporate Strategy
Here at Knorr-Bremse, we aim to shape the future of rail and commercial vehicle transportation by improving safety, reliability and efficiency. At the same time, we seek to add value for our customers, employees and shareholders, as well as society at large. We intend to defend our leading position in multiple markets and continue our profitable long-term growth trajectory. We also intend to devote equal attention to our social and environmental responsibilities, however. By providing sustainable system solutions for mobility, our innovations are making a significant contribution to overcoming social challenges and driving social progress. Every day – around the world.Read more
Incoming orders for the Rail Vehicle Systems division rose by 5.8% year on year from € 3,798.0 million to € 4,016.7 million. Adjusted for disposals made in 2018, the increase amounted to 7.6%. As at December 31, 2019, the order book totaled € 3,573.0 million (2018: € 3,212.4 million). The increase was primarily due to continuing high demand in Asia, especially in the service business. This more than compensated for temporary declines in incoming orders in the Europe/Africa region.
Please find here the Key Figures Rail Vehicle Systems
The Commercial Vehicle Systems division recorded a -4.9% decline in incoming orders to € 3,050.7 million (2018: € 3,207.8 million) in fiscal 2019. Adjusted for currency and acquisition effects, the decline amounted to -9.1%. The drop in demand for OE business that became evident in the second half of 2019, first in Europe and then in North America, was also reflected in the order book, which fell by -16.8% to € 1,134.2 million as at December 31, 2019 (2018: € 1,363.7 million).
Please find here the Key Figures Commercial Vehicle Systems
Knorr-Bremse’s approach to corporate responsibility is based on the principle of development, and applies not only to our products and how they are manufactured but to our employees, the environment and society as a whole.
Since 2011, we have been informing our stakeholders of activities in our Sustainability Report (until 2018 the UN Global Compact (UNGC) Report). As is required of listed companies, Knorr-Bremse has been producing a report since 2018, which is also reviewed by the auditor. This report sets out in detail the impact the Company has on the environment and society, and presents key indicators as well as the targets and measures Knorr-Bremse uses to manage its sustainability activities.Read more
Why Knorr-Bremse is basing its strategy on ecology, resource conservation and social responsibility.Read more
How SNCF, Alstom and Knorr-Bremse used an Open Space to overcome boundaries and deliver maximum sustainability.Read more
How used brake components get a second lease of life in Liberec, Czech Republic, thanks to remanufacturing and a surcharge system.Read more
Where and why Knorr-Bremse Global Care helps to provide education and clean drinking water.Read more
From diesel to hybrid drive or pure electric traction – on the successful ad hoc conversion of buses and trains.Read more
Head of Corporate Responsibility Stefan Bräuherr on which of the UN Sustainable Development Goals take priority at Knorr-Bremse.Read more