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Revenue: €1.94b (down 1.4% from 3Q 2023).
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Net income: €129.9m (up 2.4% from 3Q 2023).
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Profit margin: 6.7% (up from 6.5% in 3Q 2023). The increase in margin was driven by lower expenses.
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EPS: €0.81 (up from €0.79 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.4%.
Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company’s shares are down 6.8% from a week ago.
You should learn about the 1 warning sign we’ve spotted with Knorr-Bremse.
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