MUNICH, Germany - (NewMediaWire) - August 5, 2024 - Knorr-Bremse today announced the sale of its subsidiary GT Emissions Systems to Rcapital Partners, a private equity fund based in the UK. GT ...

Knorr-Bremse has an accrual ratio of -0.12 for the year to March 2025. That implies it has good cash conversion, and implies that its free cash flow solidly exceeded its profit last year.

Knorr-Bremse is also looking at export opportunities from China. The company has recently been awarded contracts to supply braking systems for more than 100 CRRC locomotives destined for Kazakhstan.