Steyr Motors Reports Significant Growth and Strong Outlook for 2025

Steyr Motors AG has released its 2024 annual report, showcasing remarkable achievements. The company achieved a revenue of EUR 41.7 million, marking a 9.2% increase from the previous year. Adjusted EBIT surged to EUR 10.1 million, with a margin of 24.3%, up from 9.4% in 2023.

Strong demand in the defense and civil sectors contributed to this success, with the "Defense" segment alone growing by 6.9% to EUR 25.6 million. Regional growth was driven by market expansion in Asia, particularly in China, Taiwan, Vietnam, and Indonesia, and strategic growth in the MENA region.

Looking ahead, Steyr Motors anticipates at least a 40% increase in revenue for 2025, planning to produce at least 1,250 engine units. The company reports a robust backlog of nearly EUR 200 million in orders and commitments, enhancing their optimistic outlook.