Knorr-Bremse AG (KNRRY) Q3 2026 Earnings Call October 29, 2026 7:00 AM EDT
Company Participants
Sophia Kursawe
Marc Llistosella Y Bischoff – CEO & Chairman of Executive Board
Frank Weber – CFO & Executive Board Member
Nicolas Lange – Head of RVS & Member of the Executive Board
Conference Call Participants
Sven Weier – UBS Investment Bank, Research Division
Meihan Yang – Goldman Sachs Group, Inc., Research Division
Gael de-Bray – Deutsche Bank AG, Research Division
Vivek Midha – Citigroup Inc. Exchange Research
Akash Gupta – JPMorgan Chase & Co, Research Division
Delphine Brault – ODDO BHF Corporate & Markets, Research Division
Aron Ceccarelli – BofA Securities, Research Division
Lucas Ferhani – Jefferies LLC, Research Division
Presentation
Operator
Welcome to Knorr-Bremse’s conference call for the Third Quarter 2026 Results. The conference is being recorded. [Operator Instructions] Let me now turn the floor over to your host, Sophia Kursawe of Investor Relations.
Sophia Kursawe
Thank you, and welcome, everyone, to Knorr-Bremse’s Third Quarter 2026 Earnings Call. My name is Sophia Kursawe from Investor Relations, and it’s a pleasure to have you with us today. CEO, Marc Llistosella, and CFO, Frank Weber, will take you through our Q3 results and key developments followed by a Q&A session that will also be joined by our Head of Rail, Dr. Nicolas Lange. As usual, the call is being recorded, and a replay will be available on our website afterwards. Handing over to Marc, the floor is yours.
Marc Llistosella Y Bischoff
CEO & Chairman of Executive Board
Yes. Thank you. I would like to start immediately. Strongest Q3 in 5 years, everything what we promised in 2023, we achieved. BOOST is nearing successful completion in terms of time, delivered on our targets. Profitability has significantly increased, as said, as always. Operational resilience has improved. And from the program of BOOST, we are now in the next phase with Growth Beyond. As always said, we have put