Craft

Krones

Stock Price

€121.6

2024-10-29

Market Capitalization

€3.8 B

2024-10-29

Revenue

€4.7 B

FY, 2023

Krones Summary

Company Summary

Overview
Krones is a company that offers machinery and systems for bottling and packaging and for beverage production. It operates through two segments: Machines and Lines for Product Filling and Decoration, and Machines and Lines for Beverage Production/Process Technology. The former segment offers machines, lines, and solutions for filling, labeling, packaging, and conveying products, as well as machines for producing PET containers and converting used plastic bottles into food-grade recycled material. The latter segment supplies customers with machines, lines, and digitalization solutions for producing and processing beer, soft drinks, fruit juices, milk, and dairy drinks. Krones' customers include breweries, beverage producers, and companies from the food, chemical, pharmaceutical, and cosmetic industries.
Type
Public
Status
Active
HQ
Neutraubling, DE | view all locations
Website
http://www.krones.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Christoph Klenk

    Christoph Klenk, Chief Executive Officer

    • Norbert Broger

      Norbert Broger, Chief Financial Officer

    • Thomas Ricker

      Thomas Ricker, Chief Sales Officer

      • Volker Kronseder

        Volker Kronseder, Chairman of the Supervisory Board

        LocationsView all

        63 locations detected

        • Neutraubling, Bayern HQ

          Germany

          5 Böhmerwaldstraße

        • Franklin, WI

          United States

          6241 S 58th St

        • Ontario, CA

          United States

          3491 Concours St #102

        • Tirana

          Albania

          Boulevard "Deshmoret e Kombit" Hotel Rogner

        • Luanda, Luanda

          Angola

          Centro de Logística Talatona, Armazéns A

        • Luanda, Luanda

          Angola

          Centro de Logística Talatona, Armazéns A

        and 57 others

        Krones Financials

        Summary Financials

        Revenue (Q3, 2024)
        €1.3B
        Gross profit (Q3, 2024)
        €713.8M
        Net income (Q3, 2024)
        €65.7M
        Cash (Q3, 2024)
        €305.1M
        EBIT (Q3, 2024)
        €89.8M
        Enterprise value
        $3.7B

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