Steyr Motors: Successful stock market star in the armaments boom!
Steyr Motors: Successful stock market star in the armaments boom!
Steyr, Österreich - The Steyr Motors AG from Austria has experienced an extraordinary upswing that caused both its stock market value and its sales figures. The company, known for the production of high -performance diesel engines, which are used, especially in the military area, recorded a sudden increase in its share prices by over 131 % to currently 32.40 euros. This distinctive increase was largely driven by the flourishing armaments industry, which already accounted for 60 % of the turnover of 41.7 million euros in 2024, such as OE24 reported.
The success story of Steyr Motors is remarkable: After bankruptcy in 2018, the company was revived by various investors and has now started to grow profit. CEO Julian Cassutti expressed that Steyr Motors' transformation was successfully implemented and that the company is now looking into a promising future with a high order stock and promising negotiations with important armaments. For the 2025 financial year, sales growth of at least 40 % and the production of more than 1,250 engines is predicted, which the company continues to position as an exciting player in the global engine industry, so Steyr Motors .
positive business figures and expectations
The preliminary business figures for 2024 show that the EBITDA increase to EUR 10.1 million, while the EBIT margin from –15.2 % improved to 24.1 % in the previous year. This impressive trend reversal illustrates the company's success in the intensive care business with both civil and military orders. In particular, international expansion plans to Asia and the Mena region ensure further growth and are a driving force behind the future chances of success of Steyr Motors. With the upcoming publication date of the annual report on March 18, 2025, the industry remains excited about the finalized figures.
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Ort | Steyr, Österreich |
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