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Krones AG (KRNG.DE)

KRNG.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Krones Plans Div of 1.70 Euros Per Share For 2017
Thursday, 15 Mar 2018 03:00am EDT 

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 02:00am EST 

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 02:31am EDT 

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 02:13am EDT 

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

Krones affirms guidance after Q1 results
Thursday, 27 Apr 2017 01:53am EDT 

April 27 (Reuters) - Krones AG :Says achieves strong operating growth in the first quarter of 2017.Says Q1 pretax profit rose 19.8 percent to 66 million eur.Says Q1 revenue increased 16.5%.Says adjusted for timing differences and acquisitions, revenue growth comes to 5.5%.Says order intake improved 6.5%.Says without orders gained through acquisitions, growth came to 3.4%.Says earnings before taxes increased 19.8% to eur66.0 million..Confirms targets for 2017 as a whole.Excluding effects from acquisitions, krones expects 4% revenue growth and an ebt margin of 7.0%.  Full Article

Krones to pay dividend of 1.55 euros/share
Thursday, 23 Mar 2017 02:34am EDT 

Krones AG :Says intends to pay out a dividend of 1.55 euros per share.  Full Article

Krones sees 2017 pretax margin remaining stable at 7 pct
Thursday, 2 Mar 2017 01:32am EST 

Krones AG : Krones achieved its 2016 growth and earnings targets . FY net profit rose 8.2 percent to 169.1 million eur . FY pretax profit rose 6.4 percent to 237.6 million eur . FY revenue rose 6.9 percent to 3.39 billion eur . Says revenue and earnings are expected to increase further in 2017. . Says generated free cash flow of eur49.2 million in 2016. . Says order intake increased 7.9% year-on-year to eur3,441.3 million in 2016 . Says expects consolidated revenue to grow by 4% in 2017 . Says expects earnings to rise further and EBT margin to remain stable at 7.0% this year . Forecast for company's new financial performance target, working capital to sales, is 27% for 2017 .Possible acquisitions are not included in these forecasts 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.