Weaker demand in China and North America hits Knorr-Bremse sales


KNORR-BREMSE: Weaker demand for high speed trains in China and a cyclic slowdown in the North American locomotive and wagon business contributed to a 5·8% year-on-year fall in Knorr-Bremse AG’s sales to a €5·49bn in 2016, the company announced on January 23. Incoming orders of €5·68bn were slightly higher than ...

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