KRONES AG


Associated tags: Krones

Locations: DEUTSCHLAND, SCHWEIZ, ON, DEUTSCHLAND, EUROPE, MIDDLE EAST

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

Retrieved on: 
Wednesday, April 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

Retrieved on: 
Wednesday, April 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.

EQS-News: Krones will für das erfolgreiche Geschäftsjahr 2023 eine Dividende von 2,20 Euro je Aktie ausschütten

Retrieved on: 
Wednesday, April 10, 2024
Krones, Vorstand, Aufsichtsrat, Hauptversammlung, Vergleich, Dividende, Euro, Aktie, Umsatz, Produkt, Kosten, Ergebnis, Zins, Steuern, Abschreibung, EBT, Strich, Free, Cashflow, Akquisition, Unternehmen, Betriebswirtschaftliche Kennzahl, Geschäftsjahr, Scope, Emission, Treibhausgas, Lieferkette, Klimaziel, John Thomas Scopes, Auftragseingang, Nachfrage, Dienstleistung, ROCE, Return, Capital, Internet, Zero

EQS-News: Krones significantly increases revenue and profitability in 2023 – Executive Board forecasts continuation of profitable growth path in 2024

Retrieved on: 
Wednesday, March 13, 2024
Acquisition, ROCE, Annual report, Growth, Creativity, Tax, News, Uncertainty, EBT, Workforce, Depreciation, Bookkeeping

For the full year 2024, the Executive Board forecasts revenue growth of 9% to 13% with an improved EBITDA margin of 9.8% to 10.3% and ROCE of 17% to 19%.

Key Points: 
  • For the full year 2024, the Executive Board forecasts revenue growth of 9% to 13% with an improved EBITDA margin of 9.8% to 10.3% and ROCE of 17% to 19%.
  • Based on the preliminary figures for 2023, Krones has continued on its profitable growth path and met the financial targets projected for the Group.
  • Krones thus met the upgraded growth target of 11% to 13% published in July 2023 (previously: 8% to 11%).
  • Krones’ EBITDA margin increased to 9.7% (previous year: 8.9%)
    Despite increased procurement prices and a change in the product mix, Krones’ profitability improved significantly in 2023.

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

Retrieved on: 
Wednesday, February 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 intends to expand its portfolio into injection molding with the imminent acquisition of Netstal

Retrieved on: 
Tuesday, January 30, 2024
Legislation, KraussMaffei, Food, PET, Recycling, News, Acquisition, College of Engineering (KNUST), Workforce, Security (finance)

Krones is close to sign an agreement regarding the acquisition of 100% of Netstal Maschinen AG (Netstal) from KraussMaffei.

Key Points: 
  • Krones is close to sign an agreement regarding the acquisition of 100% of Netstal Maschinen AG (Netstal) from KraussMaffei.
  • The company is a technological leader in its markets and has already been a strategic partner of Krones in the past.
  • In the 2023 fiscal year, Netstal generated with a workforce of more than 500 employees revenue of more than EUR 200 million.
  • Netstal will retain its business responsibility within Krones, while benefitting from the international set-up and scale of Krones.

EQS-News: Krones beabsichtigt mit der bevorstehenden Übernahme von Netstal sein Produktportfolio um die Spritzgusstechnologie zu erweitern

Retrieved on: 
Tuesday, January 30, 2024
Krones, Abschluss, Maschine, Krauss-Maffei, Sitz, Angebot, Spritzgießmaschine, Applikation, Verpackung, Unternehmen, Partner, Umsatz, Euro, Ertragskraft, Niveau, Konzern, Segment, Mittel, Vorteil, Portfolio, Technologie, Spritzgießen, Recycling, Flasche, Strategie, Markt, Bereich, Lebensmittel, Aufstellung, Anfang, Kauf, Vorbehalt, Genehmigung, Transaktion, Closing