Knorr-Bremse proposes higher dividend for 2025. Knorr-Bremse proposes a 9% dividend increase to €1.90 per share for FY2025 while nominating a digitalization expert to its Supervisory Board ahead of the April AGM. Knorr-Bremse AG plans to increase its shareholder dividend by approximately 9% for fiscal year 2025. The company's Executive Board and Supervisory Board will propose a payout of €1.90 (~$2.18 USD) per share at the upcoming Annual General Meeting. That figure is up from €1.75 (~$2.01 USD) paid for the prior year. Highlights. * Dividend increase: Knorr-Bremse proposes €1.90 per share for FY2025, up ~9% from €1.75 * Supervisory Board changes: Dr. Sigrid Nikutta will not seek re-election; Dr. Christian Schlögel nominated as successor * Annual General Meeting: Virtual AGM scheduled for April 30, 2026, where shareholders will vote on both proposals * 2025 Annual Report: Now available on the company's investor relations page Supervisory Board transition. The terms of all six shareholder-elected Supervisory Board members expire at the close of the April 30 AGM. Dr. Sigrid Nikutta, a board member since 2022, has declined to stand for re-election for personal reasons. The remaining five shareholder representatives - Dr. Reinhard Ploss, Stephan Sturm, Kathrin Dahnke, Dr. Stefan Sommer, and Julia Thiele-Schürhoff - will seek new terms. The board has nominated Dr. Christian Schlögel to replace Nikutta. Schlögel most recently served as Chief Digital Officer of Körber AG. He brings roughly 30 years of leadership experience in technology, software, and industrial companies. His expertise centers on digitalization, digital transformation, and artificial intelligence. Board Chairman comments. Dr. Reinhard Ploss, Chairman of the Supervisory Board, thanked Nikutta for her contributions. He noted she played a key role in overseeing Knorr-Bremse's expansion into rail control, command, and signaling technology. "To take her place we are proposing Dr. Christian Schlögel, a proven expert in digitalization, for election to the Supervisory Board," Ploss said. "His experience and innovative capacity are an excellent fit with Knorr-Bremse's strategic objectives." Revenue context. Knorr-Bremse reported combined revenues of approximately €7.8 billion (~$8.95 billion USD) across its Rail Vehicle Systems and Commercial Vehicle Systems divisions in 2025. The company operates over 100 locations in 30 countries with around 30,000 employees. Both the dividend proposal and board elections require shareholder approval at the virtual AGM on April 30. The BRAKE Report. The BRAKE Report is an online media platform dedicated to the automotive and commercial vehicle brake segments. Our mission is to provide the global brake community with the latest news & headlines from around the industry. * March 18, 2026 * March 17, 2026 * March 16, 2026 * March 13, 2026 * March 12, 2026 * March 10, 2026 * March 6, 2026 * March 5, 2026 * February 26, 2026

Körber acquires Indian JV partner. Thank you for visiting Forkliftaction News! Körber has acquired the remaining stake in its Indian joint venture partner, Godrej Körber Supply Chain Limited from Godrej & Boyce, turning it in to a wholly owned subsidiary. In a LinkedIn post, Rishi Krishnan, senior manager sales and business development with Godrej Körber Supply Chain Ltd in India, describes the move as a "strategic inflection point that will redefine how intralogistics solutions are designed, built, and delivered in India". "Godrej Körber Supply Chain Ltd has been a pioneer and market leader in India's intralogistics space for over two decades, delivering excellence across a wide spectrum of industries," Krishnan writes. "With deep domain expertise, strong local engineering, and a proven ability to execute at scale, Godrej Körber has played a critical role in shaping modern intralogistics solutions across India. "This full acquisition unlocks fresh potential for one of the world's highest-growth markets. "It allows Körber to move even closer to customers, invest faster in innovation, and deliver world-class supply chain solutions with a deeply rooted 'Make in India' mindset - combining global technology leadership with strong local manufacturing, engineering, and execution capabilities." Mumbai-headquartered Godrej Körber Supply Chain Limited says it is strongly positioned in the Indian market as a systems integrator. Körber says the acquisition reinforces its long-term commitment to India and the Asia-Pacific region. "Acquiring the remaining shares in Godrej Körber and fully integrating our Indian operations unlocks new opportunities to innovate, invest, and deliver value for our customers in one of the world's fastest-growing regions," says Körber CEO Stephan Seifert.