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Krones AG (KRNG.DE)

KRNG.DE on Xetra

80.90EUR
4:33am EST
Change (% chg)

€0.25 (+0.31%)
Prev Close
€80.65
Open
€81.00
Day's High
€81.95
Day's Low
€80.45
Volume
6,430
Avg. Vol
44,238
52-wk High
€122.80
52-wk Low
€71.15

Latest Key Developments (Source: Significant Developments)

Krones Buys MHT
Thursday, 8 Nov 2018 02:30am EST 

Nov 8 (Reuters) - KRONES AG ::ACQUISITION OF MHT - KRONES STRENGHTENS ITS PET CAPABILITIES.  Full Article

Krones Revises Forecast For 2018
Wednesday, 24 Oct 2018 04:39am EDT 

Oct 24 (Reuters) - KRONES AG ::REVISES FORECAST FOR 2018.REDUCES ITS TURNOVER AND EARNINGS FORECAST..NOW EXPECTS FY 4% INCREASE IN TURNOVER COMPARED TO PREVIOUS TURNOVER TARGET OF 6%..THIS IS DUE TO CURRENCY EFFECTS AND LARGE-SCALE PROJECTS POSTPONED INTO 2019.WITH RESPECT TO WORKING CAPITAL AS A PERCENTAGE OF TURNOVER - EXPECTS TO REACH COMMUNICATED TARGET OF 28%.MAINTAINS ITS MID-TERM TARGETS OF AN 8% EBT MARGIN AND A 22% WORKING CAPITAL AS A PERCENTAGE OF TURNOVER.HOWEVER, REACHING THESE TARGETS WILL TAKE ONE OR TWO YEARS LONGER THAN PLANNED.FALL 6.8 PERCENT AFTER PROFIT WARNING.  Full Article

Krones H1 EBT Decreased 6.9% To EUR 112.7 Mln
Thursday, 26 Jul 2018 01:30am EDT 

July 26 (Reuters) - Krones AG ::DGAP-NEWS: KRONES AG: AFTER A STRONG FIRST HALF, KRONES CONFIRMS GROWTH AND EARNINGS TARGETS FOR 2018.CONFIRMS REVENUE AND EARNINGS TARGETS FOR 2018.H1 ORDER INTAKE ROSE 13.2% TO EUR2,014.8 MILLION.AT EUR1,790.8 MILLION, H1 REVENUE WAS UP 0.9% FROM PRIOR-YEAR FIGURE.H1 EBT DECREASED 6.9% TO EUR112.7 MILLION.AFTER TAXES, CONSOLIDATED NET INCOME WAS DOWN 6.7% TO EUR76.9 MILLION IN H1.  Full Article

Krones Sticks With 2018 Guidance On Price Increases
Thursday, 26 Apr 2018 01:59am EDT 

April 26 (Reuters) - Krones AG ::DGAP-NEWS: KRONES AG: KRONES HAD A GOOD START TO 2018 WITH A STRONG FIRST QUARTER.AT EUR891.7 MILLION, Q1 REVENUE WAS DOWN 0.9%.Q1 ORDER INTAKE ROSE 13.4% TO EUR992.4 MILLION.EXECUTIVE BOARD CONFIRMS TARGETS FOR 2018.EXPECTS 6% REVENUE GROWTH AND A REPORTED EBT MARGIN OF 7.0%.EBT MARGIN DECREASED FROM 7.3% TO 6.3%.IS RAISING ITS PRICES ON ALL MACHINES FOR BOTTLING AND PACKAGING EQUIPMENT AND FOR PROCESS TECHNOLOGY BY 4.5% ON AVERAGE EFFECTIVE 1 MAY.IS ADJUSTING ITS PAYMENT TERMS.  Full Article

Krones confirms group targets for 2017
Wednesday, 25 Oct 2017 02:31am EDT 

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

Krones resumes U.S. production on Trump's 'Made in America'

NEUTRAUBLING, Germany German bottling machine maker Krones is resuming production in the United States in response to U.S. President Donald Trump's "Made in America" push, its chief executive said.