EQS-News: Steyr Motors confirms medium-term growth targets despite temporary order postponements

EQS-News: Steyr Motors AG / Key word(s): Forecast/Change in Forecast
   Steyr Motors confirms medium-term growth targets despite temporary order
   postponements

   17.11.2025 / 11:02 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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

   Steyr Motors confirms medium-term growth targets despite temporary order
   postponements

     • Forecast adjustment for 2025: Revenue growth of at least 15% to 25%
       and adjusted operating EBIT margin in the range of approximately 13%
       to around 16% expected
     • Order backlog of more than EUR 300 million by 2030 – structural growth
       drivers and international expansion underpin medium-term prospects
     • Medium-term targets confirmed: Revenue of approximately EUR 140
       million and EBIT of approximately EUR 40 million in 2027
     • Additional growth potential from entering the new business area of
       mobile power generation as well as from the C2 emissions certification
       in China – none of this additional potential is reflected in the
       current order backlog or in the business plan communicated to date

   Steyr, Austria, November 17, 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,
   today adjusted its forecast for the 2025 fiscal year. This is due to
   delays in several orders from international government customers with an
   expected sales volume in the low double-digit million euro range. As a
   result of these delays, based on current information, the orders in
   question will not generate revenue in the current fiscal year as planned,
   but only in fiscal year 2026.

   In addition, further potential purchase orders are currently pending
   within the framework of existing contractual relationships and current
   customer negotiations, the realization of which was also originally
   planned for fiscal year 2025. However, based on current estimates, the
   company now assumes that some of these orders will not be placed in time
   to be recognized as revenue in fiscal year 2025, but will instead be
   recognized as revenue in fiscal year 2026.

   Based on the updated assessment, the Management Board of Steyr Motors now
   expects sales of between EUR 48 million and EUR 52 million for the 2025
   financial year, which would correspond to a revenue increase of 15% to 25%
   compared to the 2024 financial year (previously: sales increase of at
   least 40%). The operating EBIT margin, adjusted for costs related to the
   extraordinary general meeting and M&A consulting, is now expected to be
   between approximately 13% and around 16% (previously: EBIT margin of above
   20%). The deviation in the EBIT margin reflects the expansion of
   production and the associated increase in personnel and other operating
   expenses, which are not offset by the originally planned sales revenues
   due to the shift in sales and are therefore a direct effect of the lower
   sales.

   Despite the current delays in order intake, Steyr Motors continues to view
   its medium to long-term market and business prospects, including margin
   expectations, as intact. Against this backdrop, the company continues to
   confirm its medium-term forecast for the 2027 fiscal year.

   Julian Cassutti, CEO of Steyr Motors, comments: "The adjustment of our
   forecast is based on commercial caution following recent customer
   discussions and for reasons of fairness to our stakeholders. We continue
   to see opportunities to compensate for at least part of the postponed
   sales through short-term call-offs. The postponement of orders planned for
   the fourth quarter is mainly due to the fact that budget approvals by end
   customers, and in particular by government institutions, are currently
   taking longer than expected. In addition, highly profitable license
   revenues are in the sales pipeline, the realization of which is expected
   to be delayed due to timing effects. Despite the temporary shift in
   revenues, we are very confident about our order backlog and sales
   pipeline. In addition, we see further significant growth opportunities
   arising from our new product, the M12 Power Unit."

   International expansion continues apace

   Steyr Motors is consistently continuing its international expansion and
   has achieved significant milestones on several continents in 2025. With
   the recently announced expansion of its international partner network, the
   company is further strengthening its global market position: Two new
   distribution agreements – with Golden Arrow Marine in the United Kingdom
   and Petros Petropoulos AEBE in Greece – secure the distribution of marine
   propulsion systems and comprehensive spare parts and service supply. This
   enables Steyr Motors to create local structures to meet growing
   international demand in the long term. The entry into the Greek market
   marks a further step in European expansion, while the partnership in the
   UK consolidates the market position in the maritime and defense sector.

   At the same time, the company is pushing ahead with internationalization
   in other key regions: market entry in Poland, the opening of a new
   location in Dubai, and the expansion of activities in China and Southeast
   Asia underscore Steyr Motors' global reach. Particularly noteworthy is the
   [2]joint venture with Shangyan Power in Singapore, which opens up new
   business opportunities in the ASEAN region and comprises (at least) a
   guaranteed sales volume of around EUR 65 million and an EBIT contribution
   of EUR 13 million over five years.

   Another significant success was achieved in China: just ten months after
   opening its office in Beijing, Steyr Motors received local certification
   in accordance with the [3]C2 emission standard – a crucial prerequisite
   for market penetration in the world's largest shipbuilding market. This
   approval opens up additional order potential of at least EUR 100 million
   by 2030.

   In addition, the new business segment of mobile energy supply – based on
   the [4]M12 Power Unit (M12PU) – opens up additional growth opportunities.
   Steyr Motors expects cumulative sales of well over EUR 100 million from
   this segment by 2030.

   Parallel to the market launch of the M12 Power Unit, Steyr Motors is
   already seeing very concrete interest from potential customers in various
   application areas – particularly in the field of laser-based anti-drone
   defense systems and other mission-critical security and defense
   applications. Steyr Motors is in advanced discussions regarding possible
   exclusive purchase agreements. The significant sales potential of this new
   product category is not included in the existing order backlog or in the
   currently communicated business plan and therefore represents a
   significant additional growth lever.

   Medium-term prospects remain intact

   Despite the current delays, the Management Board continues to view Steyr
   Motors' medium to long-term market and business prospects as intact. The
   total order backlog of more than EUR 300 million until 2030 forms a solid
   basis for organic growth with increasing profitability in the coming
   years.

   The company continues to target revenue of approximately EUR 140 million
   and EBIT of approximately EUR 40 million by 2027.

   Julian Cassutti, CEO of Steyr Motors AG, adds: "We have laid the
   foundations and capacities needed to sustainably realize the successes of
   our internationalization strategy. Our order books are well-filled. At the
   same time, we are in highly promising discussions with numerous customers
   regarding additional orders that open up both short-term and medium-term
   sales potential. Temporary delays in individual projects do not change our
   medium- and long-term growth prospects: our international markets are
   developing strongly, and our existing order backlog provides a solid basis
   for profitable growth. At the same time, we are systematically evaluating
   M&A opportunities to generate additional, strategically relevant growth.
   Moreover, our new product, the M12 Power Unit, presents further
   significant additional growth opportunities.”

   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.

   For further information, please contact:

   Steyr Motors AG
   Investor Relations
   Phone: +436766222367
   E-mail: [5]ir@steyr-motors.com
   [6]www.steyr-motors.com

   Press contact in Germany, Austria, Switzerland
   CROSS ALLIANCE communication GmbH
   Susan Hoffmeister
   Phone: +49 89 125 09 0333
   Email: [7]sh@crossalliance.de
   [8]www.crossalliance.de

   Press contact in France
   CLAI
   Matthieu Meunier
   Phone: +33 06 26 59 49 05
   Email: [9]matthieu.meunier@clai2.com

   Press contact in the UK
   14:46 Consulting
   Tom Sutton
   Phone: +44 7796 474940
   Email: [10]tsutton@1446.co.uk

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

   17.11.2025 CET/CEST This Corporate News was distributed by [11]EQS Group

   View original content: [12]EQS News

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

   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: 2230586


    
   End of News EQS News Service


   2230586  17.11.2025 CET/CEST

   https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2230586&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=109fb410e410c61bc9a5b1fcc52df30d&application_id=2230586&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=0e95047cd329b690f31401e72024671f&application_id=2230586&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=7be55c46a99189ef72788408215b0b03&application_id=2230586&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=aec8661eeeb872aa0e903645a8212ee5&application_id=2230586&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   5. mailto:ir@steyr-motors.com
   6. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fa43d7aab0cc6b5f3e5a9bd745396480&application_id=2230586&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   7. mailto:sh@crossalliance.de
   8. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a9f6782523c75b88380cf9d9c4273e43&application_id=2230586&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   9. mailto:matthieu.meunier@clai2.com
  10. mailto:tsutton@1446.co.uk
  11. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2230586&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
  12. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a3e5666381c50c1f97179d4d1b39da9f&application_id=2230586&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT |

print