EQS-News: Steyr Motors AG is considering initial acquisitions to further develop its expansion and profitability alongside strong global organic growth
EQS-News: Steyr Motors AG / Key word(s): Expansion
Steyr Motors AG is considering initial acquisitions to further develop its
expansion and profitability alongside strong global organic growth
25.03.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Steyr Motors AG is considering initial acquisitions to further develop its
expansion and profitability alongside strong global organic growth
Steyr, Austria, 25 March 2025 – Steyr Motors AG (ISIN [1]AT0000A3FW25,
‘Company’), one of the world’s leading companies in the field of
customized engines for mission-critical defense and civil applications, is
on a clear growth path and is exploring the market for external
acquisitions to expand its portfolio and achieve even more aggressive
growth.
The Company is anticipating very high demand from European and
international allies. With the special funds approved in Germany, similar
scenarios will arise in other large European countries in the coming
months and years, and defense budgets will increase significantly. As a
continental supplier, Steyr Motors will benefit from this to a greater
extent than previously assumed.
In international business, the main drivers of sales growth were the
successful expansion in Asia, with new sales channels in China and new
customers in Taiwan, Vietnam, India and Indonesia. In addition, the MENA
region has been defined as a strategic growth region and the sales network
there has been expanded. In particular, the North American market offers
tangible opportunities here. The Management Board expects a significant
tailwind from the internationalisation strategy.
To further accelerate this growth, the Company is currently exploring the
European and Asian markets in particular for possible acquisitions. This
should enable the further development and expansion of sales structures,
but also an expansion of the product portfolio for existing customers. The
Company aims to complete at least one successful acquisition in this
financial year.
Julian Cassutti, CEO of Steyr Motors: “We are currently actively looking
for acquisition targets in the market in order to further accelerate the
exceptionally strong demand for our products and to expand our
geographical and product range. These potential acquisitions would enable
Steyr Motors to significantly exceed its growth targets for the period up
to 2027. We are at the beginning of an exciting journey and I look forward
to the successes in 2025 and beyond.”
Company 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 an (adjusted)
EBIT margin of 24%. For 2025, Steyr Motors is aiming for a year-on-year
increase in revenue of at least 40%, an EBIT margin of well above 20%, and
a production volume of at least 1,250 units.
For further information, please contact:
Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: [2]ir@steyr-motors.com
[3] www.steyr-motors.com
Press Contact in Germany, Austria, Schweiz
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: [4]sh@crossalliance.de
[5] www.crossalliance.de
Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: [6]matthieu.meunier@clai2.com
Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: [7]tsutton@1446.co.uk
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25.03.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com
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Language: English
Company: Steyr Motors AG
Im Stadtgut B1
4407 Steyr
Austria
Phone: +43 7252 2220
E-mail: office@steyr-motors.com
Internet: https://www.steyr-motors.com/de/
ISIN: AT0000A3FW25
WKN: A40TC4
Listed: Regulated Unofficial Market in Frankfurt (Scale); Vienna
Stock Exchange (Vienna MTF)
EQS News ID: 2105476
End of News EQS News Service
2105476 25.03.2025 CET/CEST
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References
~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
2. ir@steyr-motors.com
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fa43d7aab0cc6b5f3e5a9bd745396480&application_id=2105476&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
4. sh@crossalliance.de
5. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a9f6782523c75b88380cf9d9c4273e43&application_id=2105476&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
6. matthieu.meunier@clai2.com
7. tsutton@1446.co.uk
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