Corporate News: Knorr-Bremse Aktiengesellschaft: ​​​​​​​Knorr-Bremse Releases Annual Report and Announces Dividend Proposal

Knorr-Bremse Aktiengesellschaft / Key word(s): Annual Report/Dividend
Knorr-Bremse Aktiengesellschaft: ​​​​​​​Knorr-Bremse Releases Annual Report and Announces Dividend Proposal

23.03.2023 / 15:08 CET/CEST
The issuer is solely responsible for the content of this announcement.


Knorr-Bremse Releases Annual Report and Announces Dividend Proposal

  • Knorr-Bremse releases Annual Report for fiscal year 2022
  • Virtual Annual General Meeting convened for May 5, 2023
  • The Executive Board and Supervisory Board to propose € 1.45 dividend per share for fiscal year 2022 to Annual General Meeting

Munich, March 23, 2023 – Today, the Knorr-Bremse AG published the Annual Report for fiscal year 2022. As the issue of sustainability is one of Knorr-Bremse's top priorities, the Annual Report will no longer be available in print, but only in digital form and can be accessed on the website at Investor Relations / Financial Publications & Presentations.

The Executive Board and Supervisory Board of Knorr-Bremse AG have resolved to propose a dividend of € 1.45 per share for fiscal year 2022 to the Annual General Meeting. The distribution ratio is equivalent to around 46% of Group’s net income for 2022 and is thus in line with the existing dividend policy, which envisions a 40-50% payout to shareholders.

The dividend distribution is subject to the approval of the shareholders at the Annual General Meeting, which has been convened for May 5, 2023: Investor Relations / Annual General Meeting. The Annual General Meeting of Knorr-Bremse AG will again be held virtually this year.


Media Contacts:

Claudia Züchner, Spokeswoman, Financial Communications

Phone: +49 89 3547 2582, e-mail: claudia.zuechner@knorr-bremse.com

 

Investor Relations:

Andreas Spitzauer, Head of Investor Relations

Phone: +49 89 3547 182310, e-mail: andreas.spitzauer@knorr-bremse.com

 

 

About Knorr-Bremse

Knorr-Bremse (ISIN: DE000KBX1006, ticker symbol: KBX) is the global market leader for braking systems and a leading supplier of other safety-critical rail and commercial vehicle systems. Knorr-Bremse’s products make a decisive contribution to greater safety and energy efficiency on rail tracks and roads around the world. About 31,600 employees at over 100 sites in more than 30 countries use their competence and motivation to satisfy customers worldwide with products and services. In 2022, Knorr-Bremse’s two divisions together generated revenues of € 7.1 billion. For more than 115 years the company has been the industry innovator, driving innovation in mobility and transportation technologies with an edge in connected system solutions. One of Germany’s most successful industrial companies, Knorr-Bremse profits from the key global megatrends of urbanization, sustainability, digitalization, and mobility.

 



23.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Knorr-Bremse Aktiengesellschaft
Moosacher Str. 80
80809 Munich
Germany
Phone: +49 89 3547 0
E-mail: info@knorr-bremse.com
Internet: www.knorr-bremse.com
ISIN: DE000KBX1006
WKN: KBX100
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange (Vienna MTF)
EQS News ID: 1590839

 
End of News EQS News Service

1590839  23.03.2023 CET/CEST

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