KNORR-BREMSE AG Fact Book
Knorr-Bremse AG
Agenda
- Introduction
- Key Company Highlights
- Rail Vehicle Systems (RVS)
- Commercial Vehicle Systems (CVS)
- R&D Focus
- Financials
- Sustainability
- Capital Markets Summary
- Appendix
Fact Book | 2 |
The Knorr-Bremse leadership team
Dr. Jan Mrosik | Frank Markus Weber | ||||
CEO | CFO | ||||
2021-present:Knorr-Bremse | CEO | | 2020-present:Knorr-Bremse | CFO | |||
2019-2020: Siemens AG | COO | 2016-2020: Daimler AG | Head of | ||||
Digital Industries | Corporate Development | ||||
2016-2019: Siemens AG | CEO | | 2019-2020:Mercedes-Benz AG | | |||
Digital Factory Division | Head of Transformation | ||||
2014-2016: Siemens AG | CEO | 2013-2016: Daimler Trucks Asia | | ||||
Energy Management Division | CFO | ||||
2011-2014: Siemens AG | CEO | 2011-2013 Mitsubishi Fuso Trucks & | ||||
Smart Grid Division | Bus Corporation | CFO | ||||
PhD in Engineering | | Diploma in Business Administration | |||
Professional Experience | 24 | Professional Experience | 24 | ||
Start at Knorr-Bremse | 01/21 | Years with Knorr-Bremse | 1 | ||
Notes: RVS - Rail Vehicle Systems; CVS - Commercial Vehicle Systems
Dr. Peter Laier | Dr. Jürgen Wilder | ||||||
Head of CVS | Head of RVS | ||||||
| 2016-present:Knorr-Bremse | Head | | 2018-present:Knorr-Bremse | Head | ||||
of CVS | of RVS | ||||||
| 2014-2015: Benteler International | | 2015-2017: DB Cargo AG | CEO | |||||
COO | | 2013-2015: Siemens AG | CEO | |||||
2013-2014: Osram Licht | CTO | Mainline Transportation Global | ||||||
| 2000-2012: Continental | Executive | Business Unit | |||||
Vice President | 2011-2013: Siemens AG | Head of | ||||||
| PhD and Diploma in Mechanical | Strategy Infrastructure and Cities | |||||
Sector | |||||||
Engineering | |||||||
| PhD in Physics | ||||||
Professional Experience | 24 | Professional Experience | 20 | ||||
Years with Knorr-Bremse | 5 | Years with Knorr-Bremse | 3 | ||||
Fact Book | 3 |
Knorr-Bremse - One of Germany's most successful industrial companies
115 | #1 | ||||||||||||||||||||||||
YEARS | |||||||||||||||||||||||||
Family-Ownership, | Global market leader | Shared pneumatics experience | Technology | ||||||||||||||||||||||
heritage and unique DNA | for braking systems | between RVS and CVS | leadership | ||||||||||||||||||||||
2020 Key financials | |||||||||||||||||||||||||
Sales | EBITDA | EBIT | R&D | Aftermarket | |||||||||||||||||||||
€ 6.2bn | € 1.1bn | € 0.8bn | € 396m | ||||||||||||||||||||||
~37% of sales | |||||||||||||||||||||||||
(>9% CAGR1) since 1989) | (margin 18.0%) | (margin 13.2%) | (~6.4% of sales) | ||||||||||||||||||||||
BALANCED PORTFOLIO2) … | … AND DIVERSIFIED GLOBAL FOOTPRINT WITH HIGH LOCAL CONTENT | ||||||||||||||||||||||||
CVS | Asia/Australia | Europe/Africa | |||||||||||||||||||||||
CVS | 33% | ||||||||||||||||||||||||
33% | |||||||||||||||||||||||||
Sales | RVS EBITDA | Sales | 45% | ||||||||||||||||||||||
RVS | 46% | ||||||||||||||||||||||||
67% | (14% Margin) | Americas | 30+ | 100+ | c. 29k | ||||||||||||||||||||
54% | |||||||||||||||||||||||||
(23% Margin) | 22% | countries | sites | employees3) | |||||||||||||||||||||
Notes: Sales, EBITDA, EBITA, and EBIT for 2020 based on annual report prepared in accordance with IFRS, other financial figures for 2020 prepared in accordance with German GAAP (HGB); Aftermarket share based on German GAAP (HGB) where BilRUG sales allocated proportionally between OE and | |||||||||||||||||||||||||
aftermarket; RVS - Rail Vehicle Systems; CVS - Commercial Vehicle Systems; 1) CAGR 1989-2019 based on German GAAP (HGB), 1989 - first year when consolidated accounts are available; 2) Excluding consolidation/other; 3) Including human resources leased staff; Source: Knorr-Bremse information | |||||||||||||||||||||||||
Fact Book | 4 |
Over 30 years of consistent strong growth
1985 | 2000 | 2015/18 | 2010-2018 | 2019 | 2020 |
Management | Bendix integrates |
buyout by Mr. Thiele | Westinghouse Air |
Brake company |
Joint Venture with | €1bn+ capex invested | |
JV | DongFeng Motor goes | to future-proof |
into operation & | manufacturing and | |
expansion 2018 | production facilities |
Strategic investment in | Acquisition of RH. |
RailVision & RailNova as | Sheppard Co., Inc. in |
well as acquisition of | the U.S |
Snyder & Sentient, |
1985-1990
Successful strategy: Globalisation, focus on RVS and CVS, growth in connected systems
1991
Dawn of the ICE era with high-speedbraking
systems
2002
100% acquisition of Bendix in the US
2006
4 Joint Ventures in Rail formed in China
2015/16 | 2017/18 | ||
TRS 7 acquisitions | Acquisition of Vossloh | ||
Japan | Kiepe, Federal Mogul | ||
Ind. Property Rights and | |||
Hitachi Automotive | |||
2016 | Systems | ||
New state-of-the-art | |||
innovation and testing | >9% sales CAGR | € 6.2bn | |
centre in Munich |
1995-1996
Rise of ADB technology
1999
Joint Venture with Bosch
JV in Electronics
19891)-2020
1985 | 1989 | 1990 | 1995 | 2000 | 2002 | 2003 | 2005 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Sales (€bn) Important corporate events Product innovation M&A / Strategic partnerships
Notes: 1986-2016 based on financial statements prepared in accordance with German GAAP (HGB) and 2017-2019 based on financial statements prepared in accordance with IFRS. 1) 1989
- first year when consolidated accounts are available
Fact Book | 5 |
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Knorr-Bremse AG published this content on 31 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2021 14:32:09 UTC.
