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.

   ══════════════════════════════════════════════════════════════════════════

   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

    

   ══════════════════════════════════════════════════════════════════════════

   25.03.2025 CET/CEST This Corporate News was distributed by EQS Group.
   www.eqs.com

   ══════════════════════════════════════════════════════════════════════════

   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

   https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2105476&application_name=news&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=1ec02709aa20536455a5a52e30e60be1&application_id=2105476&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   2. mailto: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. mailto: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. mailto:matthieu.meunier@clai2.com
   7. mailto:tsutton@1446.co.uk