{"id":1866,"date":"2024-12-02T09:22:04","date_gmt":"2024-12-02T08:22:04","guid":{"rendered":"https:\/\/ir.steyr-motors.com\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/"},"modified":"2024-12-02T09:22:04","modified_gmt":"2024-12-02T08:22:04","slug":"steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million","status":"publish","type":"post","link":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/","title":{"rendered":"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million"},"content":{"rendered":"<ul type=\"disc\">\n<li>First orders from the newly established ASEAN distributor network<\/li>\n<li>Order volume of more than EUR 1 million<\/li>\n<li>Delivery of engines for civil marine applications<\/li>\n<\/ul>\n<p><b>Steyr, Austria, December 2, 2024 <\/b>\u2013<b> <\/b>Steyr Motors AG (\u201cSteyr Motors\u201d, ISIN <a href=\"https:\/\/eqs-cockpit.com\/cgi-bin\/fncls.ssp?fn=redirect&amp;url=edfe12ea0f250a373d25c6bb59bc8188&amp;application_id=2040731&amp;site_id=news_data&amp;application_name=news\">AT0000A3FW25<\/a>), one of the world\u2019s leading companies in the field of customized engines for mission-critical defense and civilian applications, is celebrating another important milestone in its international expansion. Shortly after opening a regional office in Beijing, China, and establishing an ASEAN distributor network, the company was able to book its first orders worth more than EUR 1 million.<\/p>\n<p>The new orders acquired via a distributor in Taiwan underline the successful positioning of Steyr Motors in a region with a growing demand for reliable and efficient engine technologies. With its successful market entry in Asia, Steyr Motors is strengthening its international presence and laying the foundation for future growth in one of the world\u2019s most dynamic economic regions.<\/p>\n<p>Julian Cassutti, CEO of Steyr Motors, comments: \u201cWe are delighted to announce the sale of numerous high-performance engines in Taiwan. Special thanks go to our experienced distribution partners in the ASEAN region, who have made this milestone possible. We look forward to even greater successes in the future.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><b>Company profile of Steyr Motors AG<\/b><\/p>\n<p>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\u2019s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (\u201cAPU\u201d) for main battle tanks and locomotives. For the full year 2024, revenues are expected to reach EUR 41 to 45 million and adjusted EBIT to be in the range of EUR 9 to 11 million. For 2025, Steyr Motors is aiming for a year-on-year increase in revenue of over 40%, an adjusted EBIT margin of over 20% and a production volume of more than 1,250 units.<\/p>\n<p><b>For further information, please contact:<\/b><\/p>\n<p><b>Steyr Motors AG <\/b><br \/>\nInvestor Relations<br \/>\nPhone: <a href=\"tel:+436766222367\">+436766222367<\/a><br \/>\nE-mail: <a href=\"mailto:ir@steyr-motors.com\">ir@steyr-motors.com<\/a><br \/>\n<a href=\"https:\/\/eqs-cockpit.com\/cgi-bin\/fncls.ssp?fn=redirect&amp;url=fa43d7aab0cc6b5f3e5a9bd745396480&amp;application_id=2040731&amp;site_id=news_data&amp;application_name=news\">www.steyr-motors.com<\/a><\/p>\n<p><b>Press Contact in Germany, Austria, Switzerland <\/b><br \/>\nCROSS ALLIANCE communication GmbH<br \/>\nSusan Hoffmeister<br \/>\nPhone: <a href=\"tel:+49 89 125 09 0333\">+49 89 125 09 0333<\/a><br \/>\nE-mail: <a href=\"https:\/\/eqs-cockpit.com\/cgi-bin\/fncls.ssp?fn=redirect&amp;url=4dc7b37e68f26768e9186483b7c7055d&amp;application_id=2040731&amp;site_id=news_data&amp;application_name=news\">sh@crossalliance.de<\/a><br \/>\n<a href=\"https:\/\/eqs-cockpit.com\/cgi-bin\/fncls.ssp?fn=redirect&amp;url=a9f6782523c75b88380cf9d9c4273e43&amp;application_id=2040731&amp;site_id=news_data&amp;application_name=news\">www.crossalliance.de<\/a><\/p>\n<p><b>Press Contact in France<\/b><br \/>\nCLAI<br \/>\nMatthieu Meunier<br \/>\nPhone: <a href=\"tel:+33 06 26 59 49 05\">+33 06 26 59 49 05<\/a><br \/>\nE-mail: <a href=\"https:\/\/eqs-cockpit.com\/cgi-bin\/fncls.ssp?fn=redirect&amp;url=db5281d6dbeaf97db748db1f8f7f4806&amp;application_id=2040731&amp;site_id=news_data&amp;application_name=news\">matthieu.meunier@clai2.com<\/a><\/p>\n<p><b>Press Contact in UK<\/b><br \/>\n14:46 Consulting<br \/>\nTom Sutton<br \/>\nPhone: <a href=\"tel:+44 7796 474940\">+44 7796 474940<\/a><br \/>\nE-mail: <a href=\"mailto:tsutton@1446.co.uk\">tsutton@1446.co.uk<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>First orders from the newly established ASEAN distributor network Order volume of more than EUR 1 million Delivery of engines for civil marine applications Steyr, Austria, December 2, 2024 \u2013 Steyr Motors AG (\u201cSteyr Motors\u201d, ISIN AT0000A3FW25), one of the world\u2019s leading companies in the field of customized engines for mission-critical defense and civilian applications, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-1866","post","type-post","status-publish","format-standard","hentry","category-corporate-news-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million - STEYR MOTORS AG<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million - STEYR MOTORS AG\" \/>\n<meta property=\"og:description\" content=\"First orders from the newly established ASEAN distributor network Order volume of more than EUR 1 million Delivery of engines for civil marine applications Steyr, Austria, December 2, 2024 \u2013 Steyr Motors AG (\u201cSteyr Motors\u201d, ISIN AT0000A3FW25), one of the world\u2019s leading companies in the field of customized engines for mission-critical defense and civilian applications, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/\" \/>\n<meta property=\"og:site_name\" content=\"STEYR MOTORS AG\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-02T08:22:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ir.steyr-motors.com\/wp-content\/uploads\/2024\/10\/steyr-motors-profile.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Service\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Service\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/2024\\\/12\\\/02\\\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/2024\\\/12\\\/02\\\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\\\/\"},\"author\":{\"name\":\"Service\",\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/#\\\/schema\\\/person\\\/a96ff378d7d6876253fc70ac857f1681\"},\"headline\":\"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million\",\"datePublished\":\"2024-12-02T08:22:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/2024\\\/12\\\/02\\\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\\\/\"},\"wordCount\":392,\"publisher\":{\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/#organization\"},\"articleSection\":[\"Corporate News\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/2024\\\/12\\\/02\\\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\\\/\",\"url\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/2024\\\/12\\\/02\\\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\\\/\",\"name\":\"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million - STEYR MOTORS AG\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/#website\"},\"datePublished\":\"2024-12-02T08:22:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/2024\\\/12\\\/02\\\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/2024\\\/12\\\/02\\\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/2024\\\/12\\\/02\\\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/home\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/\",\"name\":\"Steyr Motors AG\",\"description\":\"Investor Relations\",\"publisher\":{\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/#organization\",\"name\":\"Steyr Motors AG\",\"url\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ir.steyr-motors.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/favicon-Steyr.png\",\"contentUrl\":\"https:\\\/\\\/ir.steyr-motors.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/favicon-Steyr.png\",\"width\":512,\"height\":512,\"caption\":\"Steyr Motors AG\"},\"image\":{\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/#\\\/schema\\\/person\\\/a96ff378d7d6876253fc70ac857f1681\",\"name\":\"Service\",\"url\":\"https:\\\/\\\/ir.steyr-motors.com\\\/en\\\/author\\\/wordpresservice\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million - STEYR MOTORS AG","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/","og_locale":"en_GB","og_type":"article","og_title":"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million - STEYR MOTORS AG","og_description":"First orders from the newly established ASEAN distributor network Order volume of more than EUR 1 million Delivery of engines for civil marine applications Steyr, Austria, December 2, 2024 \u2013 Steyr Motors AG (\u201cSteyr Motors\u201d, ISIN AT0000A3FW25), one of the world\u2019s leading companies in the field of customized engines for mission-critical defense and civilian applications, [&hellip;]","og_url":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/","og_site_name":"STEYR MOTORS AG","article_published_time":"2024-12-02T08:22:04+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/ir.steyr-motors.com\/wp-content\/uploads\/2024\/10\/steyr-motors-profile.jpg","type":"image\/jpeg"}],"author":"Service","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Service","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/#article","isPartOf":{"@id":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/"},"author":{"name":"Service","@id":"https:\/\/ir.steyr-motors.com\/en\/#\/schema\/person\/a96ff378d7d6876253fc70ac857f1681"},"headline":"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million","datePublished":"2024-12-02T08:22:04+00:00","mainEntityOfPage":{"@id":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/"},"wordCount":392,"publisher":{"@id":"https:\/\/ir.steyr-motors.com\/en\/#organization"},"articleSection":["Corporate News"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/","url":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/","name":"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million - STEYR MOTORS AG","isPartOf":{"@id":"https:\/\/ir.steyr-motors.com\/en\/#website"},"datePublished":"2024-12-02T08:22:04+00:00","breadcrumb":{"@id":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ir.steyr-motors.com\/en\/2024\/12\/02\/steyr-motors-ag-secures-first-orders-from-asian-expansion-order-volume-of-more-than-eur-1-million\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/ir.steyr-motors.com\/en\/home\/"},{"@type":"ListItem","position":2,"name":"Steyr Motors AG secures first orders from Asian expansion \u2013 order volume of more than EUR 1 million"}]},{"@type":"WebSite","@id":"https:\/\/ir.steyr-motors.com\/en\/#website","url":"https:\/\/ir.steyr-motors.com\/en\/","name":"Steyr Motors AG","description":"Investor Relations","publisher":{"@id":"https:\/\/ir.steyr-motors.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ir.steyr-motors.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/ir.steyr-motors.com\/en\/#organization","name":"Steyr Motors AG","url":"https:\/\/ir.steyr-motors.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/ir.steyr-motors.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/ir.steyr-motors.com\/wp-content\/uploads\/2024\/10\/favicon-Steyr.png","contentUrl":"https:\/\/ir.steyr-motors.com\/wp-content\/uploads\/2024\/10\/favicon-Steyr.png","width":512,"height":512,"caption":"Steyr Motors AG"},"image":{"@id":"https:\/\/ir.steyr-motors.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ir.steyr-motors.com\/en\/#\/schema\/person\/a96ff378d7d6876253fc70ac857f1681","name":"Service","url":"https:\/\/ir.steyr-motors.com\/en\/author\/wordpresservice\/"}]}},"_links":{"self":[{"href":"https:\/\/ir.steyr-motors.com\/en\/wp-json\/wp\/v2\/posts\/1866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ir.steyr-motors.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ir.steyr-motors.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ir.steyr-motors.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ir.steyr-motors.com\/en\/wp-json\/wp\/v2\/comments?post=1866"}],"version-history":[{"count":0,"href":"https:\/\/ir.steyr-motors.com\/en\/wp-json\/wp\/v2\/posts\/1866\/revisions"}],"wp:attachment":[{"href":"https:\/\/ir.steyr-motors.com\/en\/wp-json\/wp\/v2\/media?parent=1866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ir.steyr-motors.com\/en\/wp-json\/wp\/v2\/categories?post=1866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ir.steyr-motors.com\/en\/wp-json\/wp\/v2\/tags?post=1866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}