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Moody's Keeps Knorr-Bremse Ratings on Improved Profitability, Leading Market Position

MT Newswires·10/06/2026 06:22:58
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06:22 AM EDT, 10/06/2026 (MT Newswires) -- Moody's Ratings maintained its long-term issuer and senior unsecured ratings on Knorr-Bremse (KBX.F) at A3, with a stable outlook, according to a Tuesday release. The credit agency attributed the affirmation to the German capital goods producer's profitability improvement, leading market footprint in the truck and rail brake system industries, good geographical diversification, and excellent liquidity. The stable outlook, meanwhile, reflects Moody's expectations that the company will keep its conservative financial policy, with its leverage decreasing to its A3 rating guidance in the coming months.