Declared Dividend • May 20
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 2.3%, which is lower than the industry average of 2.7%. 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 29
Krones AG, Annual General Meeting, Jun 09, 2026 Krones AG, Annual General Meeting, Jun 09, 2026, at 14:00 W. Europe Standard Time. 공시 • 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. 공시 • 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 공시 • 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 공시 • 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. 공시 • 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. 공시 • 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 Declared Dividend • May 15
Dividend of €2.20 announced Shareholders will receive a dividend of €2.20. Ex-date: 5th June 2024 Payment date: 7th June 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • 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. 공시 • 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 공시 • 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. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €108, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Machinery industry in the United Kingdom. Total returns to shareholders of 72% over the past three years. Reported Earnings • Nov 04
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 4.7% growth forecast for the Machinery industry in the United Kingdom. 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 21% per year, which means it is significantly lagging earnings growth. 공시 • 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 공시 • 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 03
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 5.4% growth forecast for the Machinery industry in the United Kingdom. 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 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 19
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 26% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.5%). 공시 • 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 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 120 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 01
New 90-day high: €62.30 The company is up 15% from its price of €54.20 on 02 September 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €73.99 per share. 
