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Krones AG (KRNG.DE)

KRNG.DE on Xetra

72.15EUR
24 May 2019
Change (% chg)

€1.10 (+1.55%)
Prev Close
€71.05
Open
€71.75
Day's High
€72.15
Day's Low
€71.35
Volume
7,702
Avg. Vol
70,103
52-wk High
€122.80
52-wk Low
€63.80

Latest Key Developments (Source: Significant Developments)

Krones Confirms 2019 Targets For Sales Growth Of 3 Percent
Monday, 29 Apr 2019 

April 29 (Reuters) - Krones AG ::Q1 SALES UP 10.3 PERCENT TO 983.5 MILLION EUR.Q1 ORDERS UP 5 PERCENT TO 1.04 BILLION EUR.Q1 PRETAX PROFIT DOWN 8.4 PERCENT TO 51.5 MILLION EUR.Q1 GROUP RESULT DOWN 6.2 PERCENT AT 36.3 MILLION EUR.Q1 EBT MARGIN AT 5.2 PERCENT VERSUS 6.3 PERCENT IN YEAR EARLIER PERIOD.CONFIRMS 2019 TARGETS FOR SALES GROWTH OF 3 PERCENT AND EBT MARGIN OF 6 PERCENT.  Full Article

Krones Reduces Revenue And Earnings Forecast For 2018
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Krones AG ::DGAP-NEWS: KRONES AG: KRONES REDUCES REVENUE AND EARNINGS FORECAST FOR 2018.9M REVENUE ROSE 7.3 PERCENT TO 2.693 BILLION EUR.FY EBT MARGIN IS TARGETED AT 6.5% INSTEAD OF 7.0% PROJECTED PREVIOUSLY..REVENUE FOR FIRST THREE QUARTERS, AT EUR2,692.8 MILLION, IS 7.3% HIGHER THAN IN PREVIOUS YEAR..AT END OF FIRST NINE MONTHS, EBT IS DOWN BY 17.0% TO EUR139.4 MILLION.ORDER INTAKE FROM JANUARY TO SEPTEMBER 2018 INCREASED 9.0% YEAR-ON-YEAR TO EUR2,940.0 MILLION.EXPECTS A 4% INCREASE IN REVENUE IN 2018, COMPARED TO PREVIOUS REVENUE TARGET OF 6%.NET INCOME EUR MILLION 99.4, - 13.3 PERCENT.  Full Article

Krones Strengthens Process Technology With Acquisition In China
Monday, 17 Sep 2018 

Sept 17 (Reuters) - KRONES AG ::STRENGTHENS PROCESS TECHNOLOGY WITH ACQUISITION IN CHINA.ACQUIRED BUSINESS OPERATIONS AND ASSETS OF SHANGHAI XIANTONG EQUIPMENT INSTALLATION EFFECTIVE 1 SEPTEMBER 2018.  Full Article

Krones Plans Div of 1.70 Euros Per Share For 2017
Thursday, 15 Mar 2018 

March 15 (Reuters) - Krones AG ::KRONES PLANS TO PAY OUT A DIVIDEND OF EUR1.70 PER SHARE FOR 2017.‍FORECASTS CONTINUED REVENUE AND EARNINGS GROWTH IN 2018​.‍2017 REVENUE INCREASED 8.8% YEAR-ON-YEAR TO EUR3,691.4 MILLION​.EXPECTS CONSOLIDATED REVENUE TO GROW BY 6% IN 2018.EXPECTS REPORTED EBT MARGIN TO BE 7.0% IN 2018.FY EBT IMPROVED 8.9% OVER 2016 TO EUR258.8 MILLION.  Full Article

Krones Sees Stable Proitability in 2018
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Krones AG ::‍REVENUE INCREASED 9% TO EUR3.69 BILLION. ADJUSTED FOR ACQUISITIONS, GROWTH REACHED 7%.​.‍2017 ORDER INTAKE INCREASED 10 PERCENT.‍REVENUE AND EARNINGS ARE EXPECTED TO INCREASE FURTHER IN 2018​.‍EBT IMPROVED 8.9% YEAR-ON-YEAR TO EUR259 MILLION IN 2017​.‍EXPECTS CONSOLIDATED REVENUE TO GROW BY 6% IN 2018​.‍EXPECTS TO POST AN EBT MARGIN OF 7.0% IN 2018​.  Full Article

Krones confirms group targets for 2017
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Krones AG :Confirms group targets for 2017.  Full Article

Krones expects EBT margin to be around 7 pct for 2017
Thursday, 20 Jul 2017 

July 20 (Reuters) - Krones AG :H1 net profit after tax rose 10.8 percent to 82.4 million EUR.Krones continues stable growth in first half of 2017.Revenue and order intake increased 13.8 pct and 11.0 pct, respectively, in first half.Earnings before taxes (EBT) improved by 12.8 pct in period from January to June. EBT margin is 6.8 pct.Ratio of working capital to revenue comes to 26.3 pct (previous year: 25.5 pct)..Executive board keeps forecast for 2017 unchanged.Krones expects 4 pct revenue growth and an EBT margin of 7.0 pct, excluding effects from acquisitions..Revenue improved 13.8 pct year-on-year to EUR1.775 billion. Adjusted for acquisitions, revenue was up 10.2 pct..Order intake at Krones increased 11.0 pct in first half of 2017 to EUR1.779 billion.Adjusted for acquisitions, order intake was up 4.7 pct year-on-year.EBT margin is 6.8 pct after six months.At 6.8 pct, EBT margin for first six months of 2017 was nearly unchanged year-on-year.After taxes, net income was up 10.8 pct to EUR82.4 million.Earnings per share increased from EUR2.37 in previous year to EUR2.64..Ratio of average working capital for past four quarters to revenue came to 26.3 pct, after 25.5 pct in year-earlier period.Return on capital employed (roce) increased to 16.3 pct (previous year: 15.6 pct).Krones forecast for 2017 is unchanged.Krones expects EBT margin to be around 7.0 pct for year 2017.  Full Article