Knorr Bremse falls after "conservative" mid-term guidance

Knorr Bremse AG

30/07/2026 07:51

** Shares in Knorr Bremse KBX.DE fall 3% in early trade after the braking systems maker posted its H1 results and an outlook for this year and 2030
        ** "Solid report was anticipated, so not sure if Q226 print is good enough; new mid-term guidance, too," says a local trader
** Analysts at J.P. Morgan say the Q2 results were solid but they see the medium term guidance as "conservative"
** "Given the consensus already looking for a 15.7% margin in 2028, the Group margin guidance could be somewhat conservative," they say
     

(Reporting by Paolo Laudani in Gdansk)
((Paolo.laudani@thomsonreuters.com))