Steyr Motors Q1 revenue rises on defence sector demand

Steyr Motors AG

14/05/2025 06:48

May 14 (Reuters) - Austrian engine maker Steyr Motors 4X0.VI saw a 26% increase in first-quarter orders boosted by strong demand in the defence sector, it said on Wednesday.

Revenue for the quarter increased to 11.5 million euros  ($12.87 million), compared to 9.1 million euros in the same period last year, it said.

($1 = 0.8939 euros)

 (Reporting by Isabel Demetz; Editing by Muralikumar Anantharaman)

 ((Isabel.Demetz@thomsonreuters.com;))