Latest news with #SteyrMotorsAG
Bloomberg
26-03-2025
- Automotive
- Bloomberg
Defense Contractor Sold for €1 Is One of Europe's Hottest Stocks
A €1 bet on a struggling Austrian engine maker has turned into one of the hottest investments in Europe thanks to the boom in defense stocks. German private equity firm Mutares SE paid the token price for Steyr Motors AG back in 2022 and is now reaping the gains — both through the 1,600% surge in Steyr's shares and in its own stock price, which doubled in just six months.
Bloomberg
14-03-2025
- Automotive
- Bloomberg
Europe's Top Returning Stock Still Has 10-Year Demand Boom Ahead
Steyr Motors AG, an Austrian maker of diesel engines used in tanks and military boats, says it can easily double output to meet European demand amid an arms race that's lifted its stock by almost 300% this year. The company already made 61% of its €41.7 million ($45.3 million) of revenue last year from deliveries to the defense industry, and that share is set to increase in coming years, CEO Julian Cassutti said in an interview on Thursday.
Yahoo
11-03-2025
- Automotive
- Yahoo
Steyr Motors: Earnings Call Invitation on the Publication of the FY 2024 Annual Report on Tuesday, March 18, 2025 at 14:00 (CET)
STEYR, Austria - March 11, 2025 (NEWMEDIAWIRE) - Steyr Motors AG (ISIN AT0000A3FW25), one of the world's leading companies in the field of customized engines for mission-critical defense and civil applications, will publish its FY 2024 Annual Report on March 18, 2025. An earnings call will be held on that day at 14:00 (CET). The event will be hosted by Julian Cassutti, CEO of Steyr Motors, who will lead through the results of the financial year 2024 and the outlook for 2025, as well as an overall picture of the business development of Steyr Motors, followed by a Q&A session. The presentation will be held in English. To participate in the earnings call, please register here: All participants will be on mute during the presentation. Participants who wish to ask a question, may do so after presentation during the Q&A session. The accompanying presentation will also be available on the company's website at prior to the start of the earnings profile of Steyr Motors AG Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company's engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units ("APU") for main battle tanks and locomotives. In the full year 2024, Steyr Motors generated revenue of EUR 41.7 million and EBIT of EUR 10.1 million. For 2025, Steyr Motors is aiming for a year-on-year increase in revenue of at least 40%, an adjusted EBIT margin of at least 20% and a production volume of more than 1,250 units. For further information, please contact: Steyr Motors AGInvestor RelationsPhone: +436766222367E-mail: ir@ Press Contact in Germany, Austria, SchweizCROSS ALLIANCE communication GmbHSusan HoffmeisterPhone: +49 89 125 09 0333E-mail: sh@ Press Contact in FranceCLAIMatthieu MeunierPhone: +33 06 26 59 49 05E-mail: Press Contact in UK14:46 ConsultingTom SuttonPhone: +44 7796 474940E-mail: tsutton@
