• Knorr-Bremse expects Q3/26 earnings per share of EUR 1.09, below consensus of EUR 1.17.
• Free cash flow is expected to rise about 50% year over year to approximately EUR 238 million.
• Rail division order intake reached approximately EUR 1.05 billion, below consensus of EUR 1.18 billion.
• The shortfall primarily reflected postponed customer orders totaling around EUR 80 million and a European project not pursued for profitability reasons.
• Full-year 2026 revenue and free cash flow are expected near guidance ceilings of EUR 8.3 billion and EUR 850 million, respectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Knorr-Bremse AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2424114_en) on October 28, 2026, and is solely responsible for the information contained therein.