Krones | Jotup

EQS-News: Krones plans to pay dividend of €2.20 per share for successful 2023 financial year

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Mercoledì, Aprile 10, 2024

Annual, Tax, EBT, Science Based Targets initiative, Growth, Supervisory board, Carbon accounting, Policy, Acquisition, Science, ROCE, Annual report, Depreciation, Krones

The steeply rising demand for resource-efficient, low-emission machinery, systems and solutions will contribute significantly to the continuation of Krones’ profitable growth course.

Key Points:

The steeply rising demand for resource-efficient, low-emission machinery, systems and solutions will contribute significantly to the continuation of Krones’ profitable growth course.
Alongside digitalisation and service quality, sustainability is a strategic focus for Krones and is the most important driver of innovation and growth.
Krones increased revenue by 12.2% in the financial year 2023 compared to 2022, from €4,209.3 million to €4,720.7 million.
The company thus exceeded the upgraded growth target of 11% to 13% published in July 2023 (previously: 8% to 11%).

EQS-News: Krones successfully completes acquisition of injection molding technology company Netstal

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Mercoledì, Aprile 10, 2024

College of Engineering (KNUST), PET, Acquisition, Food, News, Krones

In the press release dated 7 February 2024, Krones announced the signing of the contract for the acquisition of 100% of the shares in Netstal Maschinen AG (Netstal), based in Näfels, Switzerland.

Key Points:

In the press release dated 7 February 2024, Krones announced the signing of the contract for the acquisition of 100% of the shares in Netstal Maschinen AG (Netstal), based in Näfels, Switzerland.
The acquisition of the injection molding technology company is thus final.
Krones will consolidate Netstal in the Filling and Packaging Technology segment as from 28 March 2024.
As a leading supplier of injection moulding machines for the beverage market (PET preforms and closures), Netstal is a perfect strategic fit for Krones.

Generative AI Contracting Copilots Drive Icertis Above $250 Million in Annual Recurring Revenue

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Martedì, Marzo 12, 2024

Icertis , the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR).

Key Points:

Icertis , the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR).
Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.
Global leaders such as ALPLA, Krones, and Genpact have selected Icertis Copilots to responsibly leverage generative AI in contract-driven operations, enabling increased efficiency, reduced risk, and substantial cost savings across their enterprises.
In 2023, three out of every four deals included Icertis AI products, pointing to increasing trust and measurable value delivered through its reliable, innovative AI models designed for complex contracting.

Generative AI Contracting Copilots Drive Icertis Above $250 Million in Annual Recurring Revenue

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Mercoledì, Febbraio 21, 2024

Murphy Oil, AI, PSP, Icertis, SAP, Azure, Johnson & Johnson, Microsoft Azure, Risk, Krones, ARR, History, Mercedes-Benz, CLM, Trust, Microsoft, Partner, Sales

BELLEVUE, Wash., Feb. 21, 2024 /PRNewswire/ -- Icertis, the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR). Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.

Key Points:

BELLEVUE, Wash., Feb. 21, 2024 /PRNewswire/ -- Icertis , the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR).
Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.
Global leaders such as ALPLA, Krones, and Genpact have selected Icertis Copilots to responsibly leverage generative AI in contract-driven operations, enabling increased efficiency, reduced risk, and substantial cost savings across their enterprises.
"Coupled with our trust in the core Icertis platform, we hope to realize substantial value by responsibly applying generative AI to improve our contract management."

Generative AI Contracting Copilots Drive Icertis Above $250 Million in Annual Recurring Revenue

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Mercoledì, Febbraio 21, 2024

Murphy Oil, AI, PSP, Icertis, SAP, Azure, Johnson & Johnson, Microsoft Azure, Risk, Krones, ARR, History, Mercedes-Benz, CLM, Trust, Microsoft, Partner, Sales

BELLEVUE, Wash., Feb. 21, 2024 /PRNewswire/ -- Icertis, the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR). Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.

Key Points:

BELLEVUE, Wash., Feb. 21, 2024 /PRNewswire/ -- Icertis , the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR).
Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.
Global leaders such as ALPLA, Krones, and Genpact have selected Icertis Copilots to responsibly leverage generative AI in contract-driven operations, enabling increased efficiency, reduced risk, and substantial cost savings across their enterprises.
"Coupled with our trust in the core Icertis platform, we hope to realize substantial value by responsibly applying generative AI to improve our contract management."

EQS-News: Krones signs agreement to acquire injection molding technology company Netstal

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Mercoledì, Febbraio 7, 2024

KraussMaffei, Krones, Legislation, News, Acquisition, Security (finance)

Krones has announcend about the imminent acquisition of 100% of Netstal Maschinen AG (Netstal) based in Naefels, Switzerland, from KraussMaffei in the press release dated January 29, 2024.

Key Points:

Krones has announcend about the imminent acquisition of 100% of Netstal Maschinen AG (Netstal) based in Naefels, Switzerland, from KraussMaffei in the press release dated January 29, 2024.
The contracting parties signed the purchase agreement yesterday.
Krones expects the transaction to be completed within the first half of 2024.
07.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

EQS-News: Krones records strong growth in first three quarters of 2023 and significantly improves profitability

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Martedì, Novembre 7, 2023

Federal Executive Boards, Tax, Food, EBITDA, Workforce, Acquisition, Creativity, EBIT, Environment, Growth, ROCE, Depreciation, Drink, EBT, Video game, Bookkeeping, Cryptocurrency, Clothing, Krones

After a successful first half of the year, the third quarter of 2023 also went well for Krones.

Key Points:

After a successful first half of the year, the third quarter of 2023 also went well for Krones.
The company significantly improved profitability in a challenging environment in the first three quarters of 2023.
In addition, the company aims to further improve profitability and forecasts an EBITDA margin of 9% to 10% in 2023.
In addition, Krones aims to further improve profitability and plans an EBITDA margin of 9% to 10% for the group in 2023 (2022: 8.9%).

EQS-News: Krones AG: Inclusion of Krones shares in the SDAX

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Martedì, Ottobre 17, 2023

Deutsch, Index, News, DAX, SDAX, SUSE, MDAX, Security (finance), Airline, Krones

Deutsche Börse AG has announced an unscheduled component change in the SDAX index.

Key Points:

Deutsche Börse AG has announced an unscheduled component change in the SDAX index.
In connection with this change, Krones shares will be admitted to the SDAX as of 9 October 2023.
Following admission to the SDAX, the index comprising the 70 largest companies below MDAX, Krones returns to the index family of Deutsche Börse AG.
Consequently, Krones immediately implemented measures to regain a place in the Deutsche Börse ranking list and to become eligible for inclusion in the DAX index family again.

EQS-News: Krones AG: Krones appoints new chairman of Audit and Risk Management Committee as basis for return to DAX index family

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Lunedì, Settembre 25, 2023

Krones, Code, Audit, DAX, RTÉ Executive Board, Supervisory board, Deutsch, Risk management, Recommendation, News, Security (finance), Property management

Matthias Winkler to succeed Norbert Broger as chairman of the Audit and Risk Management Committee of the Supervisory Board of Krones AG.

Key Points:

Matthias Winkler to succeed Norbert Broger as chairman of the Audit and Risk Management Committee of the Supervisory Board of Krones AG.
In an extraordinary meeting, the Audit and Risk Management Committee of the Supervisory Board of Krones AG elected Matthias Winkler as its new chairman.
Mr. Broger is to remain a member of the Audit and Risk Management Committee of the Supervisory Board of Krones AG.
Krones AG shares will consequently then be a candidate for a return to the Deutsche Börse AG DAX index family.

EQS-News: Krones AG: Krones to clear the way for a quick return to the DAX index family

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Mercoledì, Settembre 6, 2023

Audit, SDAX, Index, RTÉ Executive Board, DAX, Supervisory board, Deutsch, CFO, Recommendation, News, MDAX, Security (finance), Krones

With effect from 18 September 2023, Krones AG shares will no longer be listed in the MDAX index.

Key Points:

With effect from 18 September 2023, Krones AG shares will no longer be listed in the MDAX index.
This is an outcome of the periodic review of the DAX index family by Deutsche Börse AG on 5 September 2023.
As Krones shares will also not become a component of the SDAX index, they are set to leave the DAX index family altogether on 18 September 2023.
Membership in the Deutsche Börse AG DAX index family has a very high priority for the Executive Board and Supervisory Board of Krones AG.