on Steyr Motors AG
Steyr Motors Achieves 2024 Forecasts and Eyes Further Growth
Steyr Motors AG, a leader in customized engines for defense and civil sectors, reported preliminary 2024 figures, meeting its projections. The company generated a revenue of EUR 41.7 million, a rise from EUR 38.1 million the previous year. Its EBIT improved significantly to EUR 6.4 million, with an adjusted EBIT margin reaching 24.1%. This aligns with their strategic goals outlined during their Frankfurt Stock Exchange listing in October 2024.
The demand in Europe and expansion into Asia and the MENA region drove growth. In 2025, Steyr Motors anticipates a 40% revenue increase and plans to produce over 1,250 engines, focusing on growth opportunities in Asia, the MENA region, and the Americas.
R. P.
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