Andreas Spitzauer
Head of Investor Relations
Replay available
Knorr-Bremse AG (LSE: 0KBI) Q3 2025 earnings conference call, held 2025-10-30. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chief Executive Officer
Welcome to Knorr Brandes Conference call for the financial results of the third quarter 2025. At this time all participants have been placed on a listener only mode. The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Andreas Spitzauer, Head of Investor Relations. Thank you, Operator. Good afternoon as well as good morning, ladies and gentlemen. I hope all of you are very fine. My name is Andreas Spitzauer, Head of Investor Relations, I want to welcome you to Knorr-Bremse's presentation for the third quarter results of 2025. Today, Matthias Desea, our CEO, and Frank Wilber, our CFO, will present the results of Knorr-Bremse, followed by a Q&A session. Once again, the conference call will be recorded and is available on our homepage, www.knorr-bremse.com, in the Investor Relations section. It is now my pleasure to hand over to Matthias Desea. Please go ahead. Thank you, Andreas. Ladies and gentlemen, welcome to our capital market call for the third quarter 25. Let's start with the key takeaways for today on page two. We are reporting a strong quarter today. In uncertain times, we continue to focus on our earnings by using our financial flexibility, keeping strict cost control, just staying close to customers and driving our service business. So, around the benefits from dominant market position in both divisions are diversified revenue generation and ongoing stringent execution. RVF is in strong shape. It's posted strong organic growth and continuously increases its profitability quarter over quarter by the implementation of boost. In addition, RVF's performance underlines the great potential of the rail industry in total. As a consequence, we are expanding this successful division with the acquisition of Stubor...