View Future GrowthKrones 과거 순이익 실적과거 기준 점검 3/6Krones은 연평균 30.7%의 비율로 수입이 증가해 온 반면, Machinery 산업은 수입이 9.5% 증가했습니다. 매출은 연평균 11.1%의 비율로 증가했습니다. Krones의 자기자본이익률은 13.2%이고 순이익률은 5.1%입니다.핵심 정보30.66%순이익 성장률30.66%주당순이익(EPS) 성장률Machinery 산업 성장률10.65%매출 성장률11.13%자기자본이익률13.24%순이익률5.12%다음 순이익 업데이트29 Jul 2026최근 과거 실적 업데이트공시 • Mar 28+ 1 more updateKrones AG to Report Q2, 2026 Results on Jul 29, 2026Krones AG announced that they will report Q2, 2026 results on Jul 29, 2026공시 • Feb 19Krones AG to Report Fiscal Year 2025 Results on Mar 20, 2026Krones AG announced that they will report fiscal year 2025 results on Mar 20, 2026공시 • Feb 16Krones AG to Report Fiscal Year 2025 Results on Feb 19, 2026Krones AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Feb 19, 2026공시 • Mar 15Krones AG to Report Fiscal Year 2024 Final Results on Mar 20, 2025Krones AG announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Mar 20, 2025Reported Earnings • Nov 05Third quarter 2024 earnings: EPS misses analyst expectationsThird 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. 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 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond 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 exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. 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 11% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updatesDeclared Dividend • May 20Dividend increased to €2.80Dividend 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 lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 29Krones AG, Annual General Meeting, Jun 09, 2026Krones AG, Annual General Meeting, Jun 09, 2026, at 14:00 W. Europe Standard Time.공시 • Mar 28+ 1 more updateKrones AG to Report Q2, 2026 Results on Jul 29, 2026Krones AG announced that they will report Q2, 2026 results on Jul 29, 2026공시 • Mar 22Krones AG announces Annual dividend, payable on June 12, 2026Krones 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.공시 • Feb 19Krones AG to Report Fiscal Year 2025 Results on Mar 20, 2026Krones AG announced that they will report fiscal year 2025 results on Mar 20, 2026공시 • Feb 16Krones AG to Report Fiscal Year 2025 Results on Feb 19, 2026Krones AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Feb 19, 2026공시 • Apr 16Krones AG, Annual General Meeting, May 27, 2025Krones AG, Annual General Meeting, May 27, 2025, at 14:00 W. Europe Standard Time.공시 • Mar 21Krones AG announces Annual dividend, payable on May 30, 2025Krones 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.공시 • Mar 15Krones AG to Report Fiscal Year 2024 Final Results on Mar 20, 2025Krones AG announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Mar 20, 2025Reported Earnings • Nov 05Third quarter 2024 earnings: EPS misses analyst expectationsThird 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. 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 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond 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 exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. 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 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 29Upcoming dividend of €2.20 per shareEligible 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 German dividend payers (4.6%). Lower than average of industry peers (3.4%).Reported Earnings • May 03First quarter 2024 earnings: EPS exceeds analyst expectationsFirst 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. 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 18% per year, which means it is significantly lagging earnings growth.공시 • Mar 30Krones 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 25Full year 2023 earnings: EPS misses analyst expectationsFull 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Machinery industry in Germany. 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 20% per year, which means it is significantly lagging earnings growth.공시 • Feb 16Krones AG to Report Fiscal Year 2023 Results on Feb 22, 2024Krones AG announced that they will report fiscal year 2023 results on Feb 22, 2024공시 • Jan 29Krones 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 04Third quarter 2023 earnings: EPS misses analyst expectationsThird 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. 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 Germany. 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 23% per year, which means it is significantly lagging earnings growth.공시 • Oct 27Krones AG to Report Nine Months, 2023 Results on Nov 03, 2023Krones AG announced that they will report nine months, 2023 results on Nov 03, 2023공시 • Sep 19Krones Appoints Matthias Winkler as New Chairman of Audit and Risk Management CommitteeIn 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 02Second 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 3.8% growth forecast for the Machinery industry in Germany. 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 22% per year, which means it is significantly lagging earnings growth.공시 • Jul 18Krones AG to Report Q2, 2023 Results on Aug 01, 2023Krones AG announced that they will report Q2, 2023 results on Aug 01, 2023Upcoming Dividend • May 17Upcoming dividend of €1.75 per share at 1.6% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%).공시 • Feb 18Krones AG to Report Q4, 2022 Results on Feb 23, 2023Krones AG announced that they will report Q4, 2022 results on Feb 23, 2023Buying Opportunity • Nov 01Now 21% undervaluedOver the last 90 days, the stock is up 7.0%. The fair value is estimated to be €119, 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 03Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond 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. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 2.5%, compared to a 9.6% growth forecast for the industry in Germany. 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.Buying Opportunity • Jan 22Now 21% undervaluedOver the last 90 days, the stock is up 2.1%. The fair value is estimated to be €112, 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.Price Target Changed • Nov 10Price target increased to €108Up from €98.75, the current price target is an average from 8 analysts. New target price is 11% above last closing price of €97.40. Stock is up 72% over the past year. The company is forecast to post earnings per share of €3.61 next year compared to a net loss per share of €2.52 last year.Reported Earnings • Nov 07Third 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 120 percentage points per year, which is a significant difference in performance.Price Target Changed • Aug 05Price target increased to €96.11Up from €87.75, the current price target is an average from 9 analysts. New target price is 9.9% above last closing price of €87.45. Stock is up 51% over the past year.Reported Earnings • Aug 04Second quarter 2021 earnings releasedThe 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 112 percentage points per year, which is a significant difference in performance.Price Target Changed • Jul 21Price target increased to €92.13Up from €84.75, the current price target is an average from 8 analysts. New target price is 18% above last closing price of €77.90. Stock is up 39% over the past year.Is New 90 Day High Low • Nov 24New 90-day high: €59.80The company is up 3.0% from its price of €57.80 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €75.73 per share.Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.7%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Over the next year, revenue is expected to shrink by 3.8% compared to a 2.5% growth forecast for the Machinery industry in Germany.Reported Earnings • Nov 14Third quarter 2020 earnings released: €0.13 loss per shareThe 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.매출 및 비용 세부 내역Krones가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:KRN 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 265,6902911,731031 Dec 255,7252991,713030 Sep 255,5882901,697030 Jun 255,5272871,672031 Mar 255,5182871,644031 Dec 245,3532771,588030 Sep 245,1642491,531030 Jun 245,0072381,482031 Mar 244,8162271,429031 Dec 234,7652251,398030 Sep 234,6952341,393030 Jun 234,5882251,359031 Mar 234,4652101,312031 Dec 224,2531871,275030 Sep 224,0821831,229030 Jun 223,9481681,198031 Mar 223,8001491,194031 Dec 213,6881411,180030 Sep 213,565-111,208030 Jun 213,387-441,181031 Mar 213,292-861,160031 Dec 203,359-801,179030 Sep 203,563-141,147030 Jun 203,826-31,207031 Mar 203,979121,252031 Dec 194,02291,254030 Sep 194,114921,234030 Jun 194,0071071,205031 Mar 193,9981481,171031 Dec 183,9041511,137030 Sep 183,9201721,148030 Jun 183,7531831,120031 Mar 183,7311841,104031 Dec 173,7401891,086030 Sep 173,5971721,058030 Jun 173,6701791,043031 Mar 173,5721761,028031 Dec 163,433171999030 Sep 163,321164974030 Jun 163,268159969031 Mar 163,245161952031 Dec 153,212157942030 Sep 153,096150925030 Jun 153,0581479110양질의 수익: KRN는 고품질 수익을 보유하고 있습니다.이익 마진 증가: KRN의 현재 순 이익률 (5.1%)은 지난해 (5.2%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: KRN는 지난 5년 동안 흑자전환하며 연평균 30.7%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 KRN 의 수익 증가율(1.6%)은 5년 평균(연간 30.7%)보다 낮습니다.수익 대 산업: KRN의 지난 1년 수익 증가율(1.6%)은 Machinery 업계의 1.6%를 상회했습니다.자기자본이익률높은 ROE: KRN의 자본 수익률(13.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 11:23종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Krones AG는 25명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Peter RothenaicherBaader Helvea Equity ResearchBenjamin ThielmannBerenbergFrancisco RuizBNP Paribas22명의 분석가 더 보기
공시 • Mar 28+ 1 more updateKrones AG to Report Q2, 2026 Results on Jul 29, 2026Krones AG announced that they will report Q2, 2026 results on Jul 29, 2026
공시 • Feb 19Krones AG to Report Fiscal Year 2025 Results on Mar 20, 2026Krones AG announced that they will report fiscal year 2025 results on Mar 20, 2026
공시 • Feb 16Krones AG to Report Fiscal Year 2025 Results on Feb 19, 2026Krones AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Feb 19, 2026
공시 • Mar 15Krones AG to Report Fiscal Year 2024 Final Results on Mar 20, 2025Krones 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 05Third quarter 2024 earnings: EPS misses analyst expectationsThird 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. 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 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond 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 exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. 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 11% per year, which means it is significantly lagging earnings growth.
Declared Dividend • May 20Dividend increased to €2.80Dividend 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 lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 29Krones AG, Annual General Meeting, Jun 09, 2026Krones AG, Annual General Meeting, Jun 09, 2026, at 14:00 W. Europe Standard Time.
공시 • Mar 28+ 1 more updateKrones AG to Report Q2, 2026 Results on Jul 29, 2026Krones AG announced that they will report Q2, 2026 results on Jul 29, 2026
공시 • Mar 22Krones AG announces Annual dividend, payable on June 12, 2026Krones 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.
공시 • Feb 19Krones AG to Report Fiscal Year 2025 Results on Mar 20, 2026Krones AG announced that they will report fiscal year 2025 results on Mar 20, 2026
공시 • Feb 16Krones AG to Report Fiscal Year 2025 Results on Feb 19, 2026Krones AG announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Feb 19, 2026
공시 • Apr 16Krones AG, Annual General Meeting, May 27, 2025Krones AG, Annual General Meeting, May 27, 2025, at 14:00 W. Europe Standard Time.
공시 • Mar 21Krones AG announces Annual dividend, payable on May 30, 2025Krones 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.
공시 • Mar 15Krones AG to Report Fiscal Year 2024 Final Results on Mar 20, 2025Krones 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 05Third quarter 2024 earnings: EPS misses analyst expectationsThird 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. 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 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond 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 exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. 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 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 29Upcoming dividend of €2.20 per shareEligible 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 German dividend payers (4.6%). Lower than average of industry peers (3.4%).
Reported Earnings • May 03First quarter 2024 earnings: EPS exceeds analyst expectationsFirst 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. 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 18% per year, which means it is significantly lagging earnings growth.
공시 • Mar 30Krones 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 25Full year 2023 earnings: EPS misses analyst expectationsFull 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Machinery industry in Germany. 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 20% per year, which means it is significantly lagging earnings growth.
공시 • Feb 16Krones AG to Report Fiscal Year 2023 Results on Feb 22, 2024Krones AG announced that they will report fiscal year 2023 results on Feb 22, 2024
공시 • Jan 29Krones 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 04Third quarter 2023 earnings: EPS misses analyst expectationsThird 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. 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 Germany. 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 23% per year, which means it is significantly lagging earnings growth.
공시 • Oct 27Krones AG to Report Nine Months, 2023 Results on Nov 03, 2023Krones AG announced that they will report nine months, 2023 results on Nov 03, 2023
공시 • Sep 19Krones Appoints Matthias Winkler as New Chairman of Audit and Risk Management CommitteeIn 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 02Second 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 3.8% growth forecast for the Machinery industry in Germany. 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 22% per year, which means it is significantly lagging earnings growth.
공시 • Jul 18Krones AG to Report Q2, 2023 Results on Aug 01, 2023Krones AG announced that they will report Q2, 2023 results on Aug 01, 2023
Upcoming Dividend • May 17Upcoming dividend of €1.75 per share at 1.6% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%).
공시 • Feb 18Krones AG to Report Q4, 2022 Results on Feb 23, 2023Krones AG announced that they will report Q4, 2022 results on Feb 23, 2023
Buying Opportunity • Nov 01Now 21% undervaluedOver the last 90 days, the stock is up 7.0%. The fair value is estimated to be €119, 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 03Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond 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. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 2.5%, compared to a 9.6% growth forecast for the industry in Germany. 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.
Buying Opportunity • Jan 22Now 21% undervaluedOver the last 90 days, the stock is up 2.1%. The fair value is estimated to be €112, 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.
Price Target Changed • Nov 10Price target increased to €108Up from €98.75, the current price target is an average from 8 analysts. New target price is 11% above last closing price of €97.40. Stock is up 72% over the past year. The company is forecast to post earnings per share of €3.61 next year compared to a net loss per share of €2.52 last year.
Reported Earnings • Nov 07Third 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 120 percentage points per year, which is a significant difference in performance.
Price Target Changed • Aug 05Price target increased to €96.11Up from €87.75, the current price target is an average from 9 analysts. New target price is 9.9% above last closing price of €87.45. Stock is up 51% over the past year.
Reported Earnings • Aug 04Second quarter 2021 earnings releasedThe 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 112 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jul 21Price target increased to €92.13Up from €84.75, the current price target is an average from 8 analysts. New target price is 18% above last closing price of €77.90. Stock is up 39% over the past year.
Is New 90 Day High Low • Nov 24New 90-day high: €59.80The company is up 3.0% from its price of €57.80 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €75.73 per share.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.7%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Over the next year, revenue is expected to shrink by 3.8% compared to a 2.5% growth forecast for the Machinery industry in Germany.
Reported Earnings • Nov 14Third quarter 2020 earnings released: €0.13 loss per shareThe 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.