Archive for category: Corporate News

• Additional growth opportunities in the ASEAN region
• New applications in the fields of industrial energy supply, commercial marine, and specialized off-road applications
• Guaranteed revenue and EBIT contribution included in the five-year plan starting 2026

Steyr, Austria, 8 September 2025 – 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, announces the establishment of a joint venture with Shangyan Power Technology Jiangsu Co., Ltd. (“Shangyan Power”). Shangyan Power is one of Asia’s leading companies in the development and production of a wide range of diesel engines.

The joint venture is not only a strategic milestone in the internationalization strategy, opening up new growth opportunities in the ASEAN region and globally, but also secures a contractually guaranteed minimum contribution of EUR 65 million in revenue and EUR 13 million in EBIT within five years starting in 2026. Both partners thereby reaffirm their commitment to ensuring sustainable competitiveness and global growth. A key advantage for Steyr Motors, beyond the positive revenue and earnings effect, is that the capacity expansion through the joint venture requires no additional capital for investments or working capital.

This strategic partnership combines Steyr Motors’ international brand recognition, engineering expertise, and development capabilities with Shangyan Power’s regional market strength and manufacturing capacity. The result is an expanded product portfolio covering additional performance classes tailored to the diverse requirements of international customers in the fields of industrial energy supply, commercial marine applications, and specialized off-road applications. The new product line complements Steyr Motors’ existing core products without overlap, opening up new customer segments for the company. In the ASEAN region alone, Steyr Motors gains access to an additional addressable market potential in the three segments estimated at USD 13 to 20 billion.

“This partnership is a significant step in our global strategy,” explains Julian Cassutti, CEO of Steyr Motors AG. “It strengthens our ability to provide locally manufactured, high-quality propulsion solutions while expanding our product portfolio in a targeted manner. Together, we will unlock new markets, improve our responsiveness, and establish a solid foundation for long-term success.”

The joint venture will support Steyr Motors in expanding its global sales and service network. This will enable Steyr Motors to serve a broader customer base more efficiently and quickly. Operations are scheduled to begin at the end of 2025.

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 above 20%, and a production volume of at least 1,250 units.

For more information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press Contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk

• Strengthening its presence in the Middle East
• Global hub connecting Europe, Asia, and Africa
• Dynamic growth market offers revenue potential of several thousand engines

Steyr, Austria, 3 September 2025 – 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, is consistently pursuing its international growth strategy by opening a new location in Dubai. This step strengthens the company’s presence in the Middle East and lays the foundation for selling several thousand engines in the region over the coming years.

The Middle East plays a central role in Steyr Motors’ international expansion. The region is investing heavily in infrastructure, security technologies, and maritime applications – all areas in which Steyr engines are well-established. The Middle East is a dynamic growth market and a geostrategic hub connecting Europe, Asia, and Africa. With a local presence, Steyr Motors can ensure both proximity to customers and a rapid market response. Due to the strong demand for powerful and reliable propulsion solutions in sectors such as marine, defense, and special vehicles, the Dubai location offers considerable sales potential.

Ian Norton will take over as head of the Dubai site. A renowned industry expert, Norton was most recently the CEO of Streit Group, a leading provider of armored vehicle solutions. Prior to that, he held senior positions at global engine manufacturer Cummins for many years.

“Our new location in Dubai is laying the foundation for sustainable growth in one of the world’s most strategically important regions. We are delighted to welcome Ian Norton, a highly qualified manager with extensive international experience and in-depth market knowledge, to our team,” says Julian Cassutti, CEO of Steyr Motors.

This new location marks another milestone in Steyr Motors’ global strategy: the aim is to access new markets, strengthen customer proximity, and meet long-term demand for innovative engine solutions.

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 above 20%, and a production volume of at least 1,250 units.

For more information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press Contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk

• Revenue increases by 17.1% to EUR 23.1 million in H1/2025 (previous year: EUR 19.7 million)
• EBIT at EUR 3.4 million – corresponding to an EBIT margin of 14.8%
• Order intake significantly above previous year – order backlog strongly expanded to over EUR 300 million as basis for medium- and long-term growth
• Additionally, further potential of around EUR 200 million
• Strategic framework agreements concluded with international partners
• 2025 outlook confirmed: revenue increase of at least 40% and EBIT margin of above 20%

Steyr, Austria, 31 July 2025 – 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, today presented its figures for the first half of 2025. Thanks to targeted investments in personnel expansion, material stockpiling, and the enhancements of production capacities, the company was able to continue its revenue growth while laying the foundation for further earnings growth throughout the year.

Steyr Motors achieved a 17.1% increase in revenue to EUR 23.1 million in the first half of 2025 (previous year: EUR 19.7 million), which is in line with its plans. EBIT amounted to EUR 3.4 million, corresponding to a margin of 14.8%. The development of earnings reflects the targeted expansion of capacities, particularly in terms of personnel and material reserves. Consequently, personnel and material expenses are higher than in the same period last year. These measures serve to secure international competitiveness and, in particular, to prepare for the upcoming strong production ramp-up in order to process the high order backlog. Additionally, high-margin engineering revenue with a key customer falls into the second half of the year due to the reporting date, which will be evident in rising profitability levels over the course of the year. With the successful expansion of capacity, the company is well positioned to grow in the second half of the year as planned, achieving significantly higher profitability and accelerating its growth momentum.

Order intake developed particularly dynamically in the first half of the year, rising significantly compared to the previous year. Of particular note is the exceptionally high visibility, which already enables Steyr Motors to plan confidently for the medium-term future. New strategic framework agreements with renowned partners such as Rheinmetall Landsysteme GmbH (Germany), Laborde Products Inc. (USA), Ghatge Patil Industries (India), as well as new customers in Latin America and Asia strengthen Steyr Motors AG’s international presence for both civilian and defense-related applications and confirm the effectiveness of its global business development strategy. The total order backlog has increased to over EUR 300 million by 2030. This clearly signals the company’s sustainable positioning in international competition and a more than solid foundation for foreseeable, organic growth in the coming years.

Beyond the existing order backlog, there are additional tangible opportunities with existing customers to increase order intake in the short term substantially. An example of this is the planned procurement as part of an EU initiative by the German Ministry of Defense, which is currently considering the purchase of around 2,500 armored vehicles and approximately 1,000 Leopard 2 battle tanks for the establishment of a new NATO brigade. The resulting potential orders are not yet included in the order backlog or in the current outlook and, according to the company’s estimates, offer further revenue potential of around EUR 100 million.

This also demonstrates the momentum generated by ongoing international defense initiatives. Persistent geopolitical uncertainty has led to rising global demand, particularly in the defense sector, with Europe, the US, and India leading the way.

At the same time, the company is conducting a feasibility study on establishing local production in Southeast Asia, which has the potential to produce up to 3,000 units annually. This additional revenue, not yet included in the order backlog, amounts to approximately EUR 100 million by 2030, underscoring the attractive long-term expansion opportunities.

Julian Cassutti, CEO of Steyr Motors AG: “We are investing specifically in people, structures, and markets, and we are already seeing the first results from our efforts this year. The strong order intake and high visibility for the coming years provide the planning security necessary for continued profitable growth. Looking ahead to the second half of the year, we expect a significant increase in profitability, particularly through the implementation of several high-margin projects.”

In light of solid operational performance, continued ramp-up of existing programs, and sustained strong demand, the Management Board reaffirms its outlook for the 2025 financial year. It continues to expect revenue growth of at least 40% and an EBIT margin of above 20%.

Half-Year Report and Conference Call

The half-year Report 2025 is available on the Steyr Motors AG website in the Investor Relations section at ir.steyr-motors.com.

A conference call for representatives of the press, analysts and institutional investors will also be held today at 14:00 (CEST). The current investor presentation on the 2025 half-year financial figures will be published on ir.steyr-motors.com. Registration for the earnings call is possible under the following link: https://webcast.meetyoo.de/reg/LQGYHcTiGKFu

 

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 above 20%, and a production volume of at least 1,250 units.

For more information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press Contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk

Steyr, Austria, 17 July 2025 – 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 2025 half-year report on July 31, 2025. An earnings call will be held on that day at 14:00 (CEST).

Julian Cassutti, the CEO of Steyr Motors, will host the event and present the results for the first six months of 2025, share the outlook for the remainder of the year, and provide a general overview of Steyr Motors’ business development. The presentation will be followed by a Q&A session.

The presentation will be held in English.

To participate in the earnings call, please register here: https://webcast.meetyoo.de/reg/LQGYHcTiGKFu

You will then be provided with your own dial-in details to access the call.

All participants will be on mute during the presentation. Participants who wish to ask a question may do so after the presentation during the Q&A session.

Prior to the start of the earnings call, the unaudited half-year report for 2025 and an accompanying presentation will be available on the company’s website at https://ir.steyr-motors.com/en/publications/.

 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 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: ir@steyr-motors.com
www.steyr-motors.com

Press Contact in Germany, Austria, Schweiz
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press Contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press Contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk

• Strengthening of market position in the USA
• Framework agreement with an established supplier of maritime and industrial drive solutions
• Expected order volume of around USD 15 million over four years

Steyr, Austria, 23 June 2025 – 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, is significantly expanding its market presence in the United States. Through a new framework agreement with its U.S. distribution partner, Laborde Products Inc., based in Covington, Louisiana, Steyr Motors is strengthening its presence in one of the world’s most important markets.

Laborde Products, Inc. is a well-established supplier of marine and industrial drive solutions. The new framework agreement with the U.S. partner covers sales in all continental U.S. states, as well as the U.S. territories of Puerto Rico, the U.S. Virgin Islands, and the Bahamas. This agreement provides Steyr Motors with an almost comprehensive sales structure in North America. The agreement includes both civilian applications and new projects in the U.S. Navy sector. Existing military contracts, such as the one with boat builder Ribcraft for the Navy Seals, will remain unaffected.

Steyr Motors expects this agreement, initially scheduled to run until 2028, to generate around USD 2 million in revenue in the current year. A gradual increase in volume is expected in subsequent years. The total value of the new framework agreement is approximately USD 15 million over the four-year contract period.

“The U.S. is one of our core strategic markets outside of Europe. Through our partnership with Laborde Products, we are strengthening our market position in the U.S., one of the world’s largest markets in terms of volume in both the civil and military sectors. We are also expanding our service network, an important step in providing our customers with the best possible support,” comments Julian Cassutti, CEO of Steyr Motors.

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 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:ir@steyr-motors.com
www.steyr-motors.com

Press contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

Press contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: matthieu.meunier@clai2.com

Press contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: tsutton@1446.co.uk