DGAP-Adhoc: Knorr-Bremse Aktiengesellschaft: Knorr-Bremse to acquire R.H. Sheppard Co., Inc. in the United States
DGAP-Ad-hoc: Knorr-Bremse Aktiengesellschaft / Key word(s): Takeover
Knorr-Bremse Aktiengesellschaft: Knorr-Bremse to acquire R.H. Sheppard Co., Inc. in the United States
30-Jan-2020 / 13:14 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Ad hoc Release
Munich, January 30, 2020
Public disclosure of an inside information according to Article 17 para. 1 of the Regulation (EU) No. 596/2014 on market abuse (MAR)
Keyword: Company acquisition / M&A
Knorr-Bremse to acquire R.H. Sheppard Co., Inc. in the United States
Munich, January 30, 2020 - Knorr-Bremse today signed an agreement to acquire R.H. Sheppard Co., Inc., Hanover, USA. The company is one of the leading manufacturers of steering systems for commercial vehicles on the North American market. The purchase price is USD 149.5 million.
The acquisition will be carried out by Bendix Commercial Vehicle Systems LLC, Elyria, USA, an indirect subsidiary of Knorr-Bremse AG and part of the Commercial Vehicle Systems Division in the USA. In 2018, Sheppard generated sales of around USD 146 million and an EBITDA of around USD 11.9 million and employed around 800 people.
Following the acquisition of the commercial vehicle steering systems business of Hitachi Automotive Systems in Japan, the acquisition of Sheppard represents a further step for Knorr-Bremse towards becoming a global supplier of integrated steering and braking systems for commercial vehicles.
Knorr-Bremse is to acquire Sheppard from WABCO Holdings Inc., USA, which is selling Sheppard in connection with the proposed takeover of WABCO by ZF Friedrichshafen AG. The closing of the acquisition of Sheppard by Knorr-Bremse is subject to closing conditions and regulatory approvals and is contingent upon the closing of the ZF acquisition of WABCO. Closing is expected in the first half of 2020.
Contact Media Relations: Contact Investor Relations:
Alexandra Bufe Andreas Spitzauer
Tel: +49 (0)89 3547 1402 Phone: +49 89 3547 182310
Mobile: +49 170 704 3786 Mobile: +49 175 528 1320
E-mail: [email protected] Email: [email protected]
30-Jan-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
|
Language: |
English |
Company: |
Knorr-Bremse Aktiengesellschaft |
|
Moosacher Str. 80 |
|
80809 Munich |
|
Germany |
Phone: |
+49 89 3547 0 |
E-mail: |
[email protected] |
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 (Third Market (MTF)) |
EQS News ID: |
964219 |
|
End of Announcement |
DGAP News Service |
964219 30-Jan-2020 CET/CEST
Die wichtigsten Finanzdaten auf einen Blick
|
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023e |
Umsatzerlöse1 |
6.153,54 |
6.615,80 |
6.936,53 |
6.156,75 |
6.705,64 |
7.149,74 |
7.925,61 |
EBITDA1,2 |
1.115,15 |
1.178,04 |
1.328,69 |
1.106,90 |
1.206,51 |
1.045,61 |
1.221,04 |
EBITDA-Marge3 |
18,12 |
17,81 |
19,15 |
17,98 |
17,99 |
14,62 |
|
EBIT1,4 |
904,03 |
972,47 |
1.062,91 |
814,00 |
916,07 |
721,26 |
869,87 |
EBIT-Marge5 |
14,69 |
14,70 |
15,32 |
13,22 |
13,66 |
10,09 |
10,98 |
Jahresüberschuss1 |
587,22 |
629,44 |
632,02 |
532,17 |
647,37 |
506,26 |
576,20 |
Netto-Marge6 |
9,54 |
9,51 |
9,11 |
8,64 |
9,65 |
7,08 |
7,27 |
Cashflow1,7 |
679,89 |
725,53 |
985,79 |
1.035,99 |
975,49 |
541,55 |
914,59 |
Ergebnis je Aktie8 |
3,32 |
3,68 |
3,65 |
3,07 |
3,85 |
3,03 |
3,43 |
Dividende8 |
2,26 |
1,75 |
1,80 |
1,52 |
1,85 |
1,45 |
2,26 |
Quelle: boersengefluester.de und Firmenangaben
Geschäftsbericht 2023 - Kostenfrei herunterladen.
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de
Wirtschaftsprüfer: KPMG
|
INVESTOR-INFORMATIONEN |
©boersengefluester.de |
Knorr-Bremse |
WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
KBX100 |
70,720 |
Kaufen |
11.400,06 |
KGV 2025e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
17,04 |
22,47 |
0,76 |
20,06 |
KBV |
KCV |
KUV |
EV/EBITDA |
4,43 |
12,46 |
1,44 |
10,74 |
Dividende '22 in € |
Dividende '23e in € |
Div.-Rendite '23e in % |
Hauptversammlung |
1,45 |
1,64 |
2,32 |
30.04.2024 |
Q1-Zahlen |
Q2-Zahlen |
Q3-Zahlen |
Bilanz-PK |
11.05.2024 |
08.08.2024 |
31.10.2024 |
21.03.2024 |
Abstand 60Tage-Linie |
Abstand 200Tage-Linie |
Performance YtD |
Performance 52 Wochen |
14,82% |
17,30% |
20,27% |
16,85% |
|
|