PRELIMINARY FINANCIAL RESULTS FY21
DR. JAN MROSIK I CEO
FRANK WEBER I CFO FEBRUARY 24, 2022
FY21 highlights
Financial KPIs significantly improved with strong finish in Q4/21
FY21 yoy: OI +13%, revenues +9% and op. EBIT margin at 13.5%1(+30bps), EPS of € 3.851 (+25%1)
Record order book of € 5.6bn at YE21 underlines resilient business in rail and truck
CVS: Strong underlying demand continues
FY21 revenues +20% yoy and EBIT margin at 10.7% (+240bps), despite supply challenges
RVS: very strong finish in FY21
B-t-b of 1.05 (Q4/21: 1.49 → all time order high), flat revenue yoy and EBIT slightly above expectations despite ongoing Covid-challenges
ESG: E - carbon-neutrality achieved (preliminary assessment and before final tranche of green electricity certificates) S - employee share program successfully started
G - 750m syndicated loan tied to sustainability rating
FY21 guidance achieved
1) Updated with Annual Report (March 31, 2022) vs. preliminary figures (February 24, 2022)
2
RVS: Operational highlights in all rail megatrends
Digitalization
▪ Future of freight: Expanding in freight market; about to launch Digital Automated Coupling (DAC)
Sustainability▪
Railnova: increasing installed base of predictive maintenance and aftermarket connectivity for rolling stock
Urbanization
▪ Digitization:
▪ Remote condition monitoring of climate control systems with Siemens in UK
Mobility
▪ Big data: frame contract for the usage of train operating data with DB
▪ Sanitary systems: With EVAC acquisition, Knorr-Bremse became a world leading manufacturer of integratedsanitary systems for passenger trains
Safety
▪ 5y extension contract to equip Alstom's Citadis tramway platform (brakes and entrance systems)
▪ Major contract with Stadler to equip 606 metro cars in Berlin
Knorr-Bremse - a pioneer in rail megatrends
New growth markets
Established portfolio
Today
Time
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CVS: Operational highlights underline leading market position
Digitalization
▪ Electric power steering: First contract to develop new steering generation
SustainabilityUrbanization
▪ ADAS/HAD: start-up investment in Autobrains with video perception technology for realizing system solutions for ADAS and HAD
Knorr-Bremse - a pioneer in commercial vehicle megatrends
Mobility
▪ Electric mobility: − e-Cubator with 60 specialists founded to bundle expertise
−
Successful market launch of Rotary Vane e-compressor
▪ New brake control system GSBC: simpler system layouts, reduced weight and future-ready platform to support ADAS and HAD
Safety
▪ 10y contract for braking and air treatment systems (€ 1bn) with big European truck OEM
▪ Capacity expansion in China: Increase of manufacturing capabilities that can be integrated with research & development and testing to meet high demand in China
New growth markets
Established portfolio
Today
Time
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Knorr-Bremse AG published this content on 31 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2022 15:15:08 UTC.