Krones AG

OTCPK:KRNT.Y Stock Report

Market Cap: US$3.9b

Krones Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Christoph Klenk

Chief executive officer

€2.1m

Total compensation

CEO salary percentage41.6%
CEO tenure21.9yrs
CEO ownershipn/a
Management average tenure10.9yrs
Board average tenure7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christoph Klenk's remuneration changed compared to Krones's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€249m

Jun 30 2024n/an/a

€238m

Mar 31 2024n/an/a

€227m

Dec 31 2023€2m€880k

€225m

Sep 30 2023n/an/a

€234m

Jun 30 2023n/an/a

€225m

Mar 31 2023n/an/a

€210m

Dec 31 2022€2m€880k

€187m

Sep 30 2022n/an/a

€183m

Jun 30 2022n/an/a

€168m

Mar 31 2022n/an/a

€149m

Dec 31 2021€2m€800k

€141m

Sep 30 2021n/an/a

-€11m

Jun 30 2021n/an/a

-€44m

Mar 31 2021n/an/a

-€86m

Dec 31 2020€1m€760k

-€80m

Sep 30 2020n/an/a

-€14m

Jun 30 2020n/an/a

-€3m

Mar 31 2020n/an/a

€12m

Dec 31 2019€829k€800k

€9m

Sep 30 2019n/an/a

€92m

Jun 30 2019n/an/a

€107m

Mar 31 2019n/an/a

€148m

Dec 31 2018€2m€800k

€151m

Sep 30 2018n/an/a

€172m

Jun 30 2018n/an/a

€183m

Mar 31 2018n/an/a

€184m

Dec 31 2017€1m€800k

€189m

Compensation vs Market: Christoph's total compensation ($USD2.20M) is below average for companies of similar size in the US market ($USD6.65M).

Compensation vs Earnings: Christoph's compensation has been consistent with company performance over the past year.

CEO

Christoph Klenk (61 yo)

21.9yrs

Tenure

€2,113,000

Compensation

Mr. Christoph Klenk has been Chief Executive Officer and Chairman of the Executive Board at Krones Ag since January 1, 2016. Mr. Klenk served as an Interim Chief Financial Officer of Krones AG since July 2...

Leadership Team

NamePositionTenureCompensationOwnership
Christoph Klenk
Chairman of Executive Board & CEO21.9yrs€2.11mno data
Uta Anders
CFO & Member of Executive Board1.9yrs€1.03mno data
Thomas Ricker
Chief Sales Officer & Member of Executive Board12.9yrs€1.43mno data
Markus Tischer
Member of Executive Board10.9yrs€1.38mno data
Ralf Goldbrunner
COO & Member of Executive Board10.3yrs€1.25mno data
Olaf Scholz
Head of Investor Relationsno datano datano data
Roland Pokorny
Head of Corporate Communicationsno datano datano data
Ulrich Noll
Head of Finance & Administration - Africa/Middle Eastno datano datano data
Ingrid Reuschl
Head of Public Relationsno datano datano data

10.9yrs

Average Tenure

56yo

Average Age

Experienced Management: KRNT.Y's management team is seasoned and experienced (10.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Volker Kronseder
Chairman of Supervisory Board8.5yrs€112.50k37.03%
$ 1.5b
Robert Friedmann
Independent Member of Supervisory Board6.5yrs€44.00kno data
Petra Schadeberg-Herrmann
Independent Member of Supervisory Board13.5yrs€47.00kno data
Josef Weitzer
Employee Representative Deputy Chairman of Supervisory Board17.9yrs€77.50kno data
Norbert Broger
Member of Supervisory Board1.6yrs€45.90kno data
Verena Di Pasquale
Employee Representative Member of Supervisory Board10.5yrs€47.00kno data
Susanne Nonnast
Independent Member of Supervisory Board8.5yrs€57.00kno data
Beate Eva Pöpperl
Employee Representative Member of Supervisory Board7.5yrs€47.00kno data
Oliver Grober
Employee Representative Member of Supervisory Board6.5yrs€47.00kno data
Thomas Hiltl
Employee Representative Member of Supervisory Board6.5yrs€47.00kno data
Matthias Winkler
Independent Member of Supervisory Board6.5yrs€62.30kno data
Markus Huttner
Employee Representative Member of Supervisory Board4.4yrs€60.00kno data

7.0yrs

Average Tenure

57.5yo

Average Age

Experienced Board: KRNT.Y's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 19:30
End of Day Share Price 2024/12/05 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Krones AG is covered by 37 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Knut WollerBaader Helvea Equity Research
Peter RothenaicherBaader Helvea Equity Research
Benjamin ThielmannBerenberg