Reported Earnings • May 11
First quarter 2026 earnings released: EPS: €2.17 (vs €2.40 in 1Q 2025) First quarter 2026 results: EPS: €2.17 (down from €2.40 in 1Q 2025). Revenue: €1.39b (down 2.4% from 1Q 2025). Net income: €68.5m (down 9.5% from 1Q 2025). Profit margin: 4.9% (down from 5.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 29
Krones AG, Annual General Meeting, Jun 09, 2026 Krones AG, Annual General Meeting, Jun 09, 2026, at 14:00 W. Europe Standard Time. Declared Dividend • Mar 23
Dividend increased to €2.80 Dividend of €2.80 is 7.7% higher than last year. Ex-date: 10th June 2026 Payment date: 12th June 2026 Dividend yield will be 2.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 23
Full year 2025 earnings released: EPS: €9.45 (vs €8.77 in FY 2024) Full year 2025 results: EPS: €9.45 (up from €8.77 in FY 2024). Revenue: €5.91b (up 11% from FY 2024). Net income: €298.7m (up 7.9% from FY 2024). Profit margin: 5.1% (down from 5.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 22
Krones AG announces Annual dividend, payable on June 12, 2026 Krones AG announced Annual dividend of EUR 2.8000 per share payable on June 12, 2026, ex-date on June 10, 2026 and record date on June 11, 2026. Annuncio • Feb 19
Krones AG to Report Fiscal Year 2025 Results on Mar 20, 2026 Krones AG announced that they will report fiscal year 2025 results on Mar 20, 2026 Annuncio • Feb 16
Krones AG to Report Fiscal Year 2025 Results on Feb 19, 2026 Krones AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Feb 19, 2026 Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: €2.15 (vs €2.08 in 3Q 2024) Third quarter 2025 results: EPS: €2.15 (up from €2.08 in 3Q 2024). Revenue: €1.44b (up 8.0% from 3Q 2024). Net income: €67.9m (up 3.5% from 3Q 2024). Profit margin: 4.7% (down from 4.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 31
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €1.40b (up 5.9% from 2Q 2024). Net income: €69.7m (flat on 2Q 2024). Profit margin: 5.0% (down from 5.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in Europe. New Risk • Jun 19
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Upcoming Dividend • May 21
Upcoming dividend of €2.60 per share Eligible shareholders must have bought the stock before 28 May 2025. Payment date: 02 June 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Austrian dividend payers (4.8%). Lower than average of industry peers (4.0%). Reported Earnings • May 09
First quarter 2025 earnings released: EPS: €2.40 (vs €2.08 in 1Q 2024) First quarter 2025 results: EPS: €2.40 (up from €2.08 in 1Q 2024). Revenue: €1.47b (up 17% from 1Q 2024). Net income: €75.9m (up 15% from 1Q 2024). Profit margin: 5.2% (in line with 1Q 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year. Annuncio • Apr 16
Krones AG, Annual General Meeting, May 27, 2025 Krones AG, Annual General Meeting, May 27, 2025, at 14:00 W. Europe Standard Time. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €109, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Machinery industry in Europe. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €184 per share. Reported Earnings • Mar 24
Full year 2024 earnings released: EPS: €8.77 (vs €7.11 in FY 2023) Full year 2024 results: EPS: €8.77 (up from €7.11 in FY 2023). Revenue: €5.35b (up 12% from FY 2023). Net income: €276.9m (up 23% from FY 2023). Profit margin: 5.2% (up from 4.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year. Annuncio • Mar 21
Krones AG announces Annual dividend, payable on May 30, 2025 Krones AG announced Annual dividend of EUR 2.6000 per share payable on May 30, 2025, ex-date on May 28, 2025 and record date on May 29, 2025. Annuncio • Mar 15
Krones AG to Report Fiscal Year 2024 Final Results on Mar 20, 2025 Krones AG announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Mar 20, 2025 Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: €2.08 (vs €1.72 in 3Q 2023) Third quarter 2024 results: EPS: €2.08 (up from €1.72 in 3Q 2023). Revenue: €1.38b (up 17% from 3Q 2023). Net income: €65.6m (up 21% from 3Q 2023). Profit margin: 4.8% (up from 4.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: €2.19 (vs €1.83 in 2Q 2023) Second quarter 2024 results: EPS: €2.19 (up from €1.83 in 2Q 2023). Revenue: €1.35b (up 20% from 2Q 2023). Net income: €69.1m (up 19% from 2Q 2023). Profit margin: 5.1% (in line with 2Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 29
Upcoming dividend of €2.20 per share Eligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Austrian dividend payers (6.1%). Lower than average of industry peers (2.7%). Reported Earnings • May 04
First quarter 2024 earnings released: EPS: €2.08 (vs €2.01 in 1Q 2023) First quarter 2024 results: EPS: €2.08 (up from €2.01 in 1Q 2023). Revenue: €1.31b (up 8.0% from 1Q 2023). Net income: €65.8m (up 3.6% from 1Q 2023). Profit margin: 5.0% (down from 5.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 30
Krones AG (XTRA:KRN) completed the acquisition of Netstal-Maschinen AG from KraussMaffei Technologies GmbH. Krones AG (XTRA:KRN) agreed to acquire Netstal-Maschinen AG from KraussMaffei Technologies GmbH for approximately €170 million on January 29, 2024. On February 6, 2024, Krones signed an agreement to acquire Netstal-Maschinen. Krones finances the purchase with existing liquid funds, but also may take advantage of partial debt financing. In the 2023 fiscal year, Netstal generated a revenue of more than €200 million. The final signing of the transaction is scheduled for beginning of February 2024. The transaction is subject to approval under the relevant antitrust legislation. Krones expects the transaction to be completed within the first half of 2024.
Martin Kolbinger of SZA Schilling, Zutt & Anschütz acted as legal advisor on the German legal aspects of the transaction, and Simone Ehrsam, Tino Gaberthüel, Arnold Romero, Till Haechler, Ananda Lee, Astrid Waser, Sandro Travaglini, abiano Menghini, Noémie Ammann, Helin Dalla Palma, Leo Rusterholz and David Hitz of Lenz & Staehelin acted as legal adviser on the Swiss legal aspect to Krones AG.
Krones AG (XTRA:KRN) completed the acquisition of Netstal-Maschinen AG from KraussMaffei Technologies GmbH on March 28, 2024. Reported Earnings • Mar 25
Full year 2023 earnings released: EPS: €7.11 (vs €5.92 in FY 2022) Full year 2023 results: EPS: €7.11 (up from €5.92 in FY 2022). Revenue: €4.95b (up 17% from FY 2022). Net income: €224.5m (up 20% from FY 2022). Profit margin: 4.5% (up from 4.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 16
Krones AG to Report Fiscal Year 2023 Results on Feb 22, 2024 Krones AG announced that they will report fiscal year 2023 results on Feb 22, 2024 Annuncio • Jan 29
Krones AG (XTRA:KRN) agreed to acquire Netstal-Maschinen AG. Krones AG (XTRA:KRN) agreed to acquire Netstal-Maschinen AG on January 29, 2024. Krones finances the purchase with existing liquid funds, but also may take advantage of partial debt financing. In the 2023 fiscal year, Netstal generated a revenue of more than €200 million. The final signing of the transaction is scheduled for beginning of February 2024. The transaction is subject to approval under the relevant antitrust legislation. Krones expects the transaction to be completed within the first half of 2024. Reported Earnings • Nov 05
Third quarter 2023 earnings released: EPS: €1.72 (vs €1.43 in 3Q 2022) Third quarter 2023 results: EPS: €1.72 (up from €1.43 in 3Q 2022). Revenue: €1.22b (up 14% from 3Q 2022). Net income: €54.3m (up 20% from 3Q 2022). Profit margin: 4.5% (up from 4.2% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 27
Krones AG to Report Nine Months, 2023 Results on Nov 03, 2023 Krones AG announced that they will report nine months, 2023 results on Nov 03, 2023 Annuncio • Sep 19
Krones Appoints Matthias Winkler as New Chairman of Audit and Risk Management Committee In an extraordinary meeting, the Audit and Risk Management Committee of the Supervisory Board of Krones AG elected Matthias Winkler as its new chairman. Matthias Winkler has been a member of the committee since 17 May 2021. The previous committee chairman, Norbert Broger stood aside by mutual agreement. Mr. Broger is to remain a member of the Audit and Risk Management Committee of the Supervisory Board of Krones AG. Krones is thus once again in full compliance with Recommendation C.10 of the German Corporate Governance Code. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: €1.83 (vs €1.36 in 2Q 2022) Second quarter 2023 results: EPS: €1.83 (up from €1.36 in 2Q 2022). Revenue: €1.18b (up 17% from 2Q 2022). Net income: €57.9m (up 35% from 2Q 2022). Profit margin: 4.9% (up from 4.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 18
Krones AG to Report Q2, 2023 Results on Aug 01, 2023 Krones AG announced that they will report Q2, 2023 results on Aug 01, 2023 Upcoming Dividend • May 17
Upcoming dividend of €1.75 per share at 1.6% yield Eligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Austrian dividend payers (5.3%). Lower than average of industry peers (2.7%). Annuncio • Feb 18
Krones AG to Report Q4, 2022 Results on Feb 23, 2023 Krones AG announced that they will report Q4, 2022 results on Feb 23, 2023 Annuncio • Nov 11
Krones AG (XTRA:KRN) acquired 80.5% stake in R+D Custom Automation, Inc. Krones AG (XTRA:KRN) acquired 80.5% stake in R+D Custom Automation, Inc. on November 8, 2022. As a result of the transaction, Krones AG has an option to buy the remaining 19.5% of the shares in R+D Custom Automation, Inc. In the 2021 fiscal year, R+D Custom Automation, Inc. generated revenue of some $43 million.Krones AG (XTRA:KRN) completed the acquisition of 80.5% stake in R+D Custom Automation, Inc. on November 8, 2022. Buying Opportunity • Nov 01
Now 20% undervalued Over the last 90 days, the stock is up 6.6%. The fair value is estimated to be €118, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings is also forecast to grow by 17% per annum over the same time period. Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: €1.36 (vs €0.76 in 2Q 2021) Second quarter 2022 results: EPS: €1.36 (up from €0.76 in 2Q 2021). Revenue: €1.05b (up 22% from 2Q 2021). Net income: €43.0m (up 79% from 2Q 2021). Profit margin: 4.1% (up from 2.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.5%, compared to a 13% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 02
Krones AG Confirms Earnings Guidance for the Full Year 2022 Krones AG confirmed earnings guidance for the full year 2022. The company's business performed well in the first half of 2022 and the company has a very large order backlog. The company is consequently also confident for the full year. However, the business environment remains challenging. Uncertainties include material shortages and problems in global supply chains, rising material and energy procurement prices, political risks in Europe and other parts of the world, and also strong inflation in many countries. It is also uncertain how the Covid-19 pandemic will continue to play out around the world and how the impacts of the war in Ukraine will affect the growth of the global economy. Based on the prevailing macroeconomic outlook and the current expected development of the markets relevant to company, the company forecasts revenue growth of 5% to 8% in 2022, with good chances of achieving the upper end of this guidance range. Annuncio • Jun 30
Krones AG, Annual General Meeting, May 23, 2023 Krones AG, Annual General Meeting, May 23, 2023, at 14:00 Central European Standard Time. Annuncio • May 08
Krones AG Provides Earnings Guidance for the Full Year of 2022 Krones AG provided earnings guidance for the full year of 2022. For the year, the company expects full-year revenue growth of 5% to 8%. Buying Opportunity • Jan 25
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 3.5%. The fair value is estimated to be €111, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% per annum over the last 3 years. The company became loss making over the last 3 years. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS €0.94 (vs €0.13 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €951.7m (up 26% from 3Q 2020). Net income: €29.7m (up €33.8m from 3Q 2020). Profit margin: 3.1% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 04
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €884.2m (up 16% from 2Q 2020). Net income: €24.1m (up €41.9m from 2Q 2020). Profit margin: 2.7% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Annuncio • Jul 24
Krones AG Provides Earnings Guidance for the Full Year 2021 Krones AG provided earnings guidance for the full year 2021. For the Krones Group, the Executive Board expects full-year revenue growth of 7% to 9% in 2021 (previously 2.5% to 3.5%). Krones anticipates an EBITDA margin of 7% to 8% (previously 6.5% to 7.5%). Annuncio • Mar 26
Krones Ag Provides Earnings Guidance for the Fiscal 2021 Krones AG provided earnings guidance for the fiscal 2021. For financial year 2021, due to ongoing uncertainty about the path of the Covid-19 pandemic, Krones is forecasting revenue growth of 2.5% to 3.5%. Based on the slight recovery in revenue and the savings from the structural measures, the Executive Board expects profitability to be better than in 2020. The guidance for 2021 is subject to the assumption that there will be no severe impacts from the Covid-19 pandemic such as harmful virus mutations or vaccination difficulties. This would hit the economy and hence also Krones harder than currently expected and could lead to negative revenue and earnings effects. Annuncio • Feb 26
Krones AG Provides Earnings Guidance for the Year 2021 Krones AG provided earnings guidance for the year 2021. For the 2021 financial year, due to ongoing uncertainty about the path of the Covid-19 pandemic, the company is forecasting low revenue growth of 2.5% to 3.5%. Based on the slight recovery in revenue and the savings from the structural measures, the Executive Board expects profitability to be better than in 2020. Annuncio • Feb 25
Krones AG to Report Fiscal Year 2020 Final Results on Mar 25, 2021 Krones AG announced that they will report fiscal year 2020 final results on Mar 25, 2021 Is New 90 Day High Low • Nov 28
New 90-day high: €59.95 The company is up 8.0% from its price of €55.50 on 28 August 2020. The Austrian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €74.97 per share. Reported Earnings • Nov 14
Third quarter 2020 earnings released: €0.13 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €789.4m (down 23% from 3Q 2019). Net loss: €4.10m (down 159% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 69% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue misses expectations Revenue missed analyst estimates by 0.7%. Over the next year, revenue is expected to shrink by 3.8% compared to a 2.9% growth forecast for the Machinery industry in Austria. Annuncio • Aug 24
Krones AG Provides Earnings Guidance for the Full Year 2020 Krones AG provided earnings guidance for the full year 2020. Current market developments will have a negative impact on Krones' revenue and earnings for the whole of 2020. Due to the great uncertainty, the Executive Board has decided once again not to provide a quantified outlook for the 2020 financial year.