EQS-News: Steyr Motors AG / Key word(s): Incoming Orders
Steyr Motors also Expands in Maritime Applications – Supply Agreements
Exceeding EUR 20 Million Signed
25.07.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Steyr Motors also Expands in Maritime Applications – Supply Agreements
Exceeding EUR 20 Million Signed
• New framework agreements with partners in the United Kingdom, Italy,
France, and China
• Delivery of 600 inboard diesel engines worth more than EUR 20 million
• Targeted diversification of growth creates a stable foundation for the
future
Steyr, Austria, 25 July 2025 – Steyr Motors AG ((1)ISIN AT0000A3FW25),
one of the world’s leading companies in the field of customized engines
for mission-critical defense and civil applications, continues its growth
trajectory as it internationalizes its business. In addition to its
successful expansion in the defense sector for land-based vehicles, Steyr
Motors has now signed substantial framework agreements for civil and
military maritime applications. In total, multi-year supply agreements for
more than 600 inboard diesel engines with a total value exceeding
EUR 20 million have been concluded with partners in the United Kingdom,
Italy, France, and China.
Steyr Motors is a leader in diesel technology for highly demanding use in
the defense sector. Now, leveraging its proven technological expertise in
the defense sector for land-based vehicles, Steyr Motors is systematically
transferring its strengths to maritime applications. With its growing
success in the maritime field, the company is strategically diversifying
its growth, thereby establishing a stable foundation for the future. The
company’s robust, high-performance, and compact diesel engines are ideally
suited for demanding operations at sea – from commercial applications to
specialized vessels. Thanks to its advanced technological base and strong
interest from the market, the company expects additional orders in the
marine sector in the coming months.
“Our engines are built to deliver maximum performance and uncompromising
reliability under extreme conditions – both on land and at sea. The new
contracts validate our technological excellence and the trust we have
earned in both areas – land and marine – for civil and military
applications,” says Julian Cassutti, CEO of Steyr Motors AG.
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: (2)ir@steyr-motors.com
(3)www.steyr-motors.com
Press Contact in Germany, Austria, Switzerland
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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25.07.2025 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: 2174142
End of News EQS News Service
2174142 25.07.2025 CET/CEST
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