Krones AG Earnings Call Transcripts
Fiscal Year 2025
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Profitable growth continued in 2025 with revenue up 7% and EBITDA margin at 10.6%, despite FX and geopolitical headwinds. 2026 guidance targets 3%-5% revenue growth (constant currency), margin expansion, and strong cash flow, with robust order intake and strategic investments supporting medium-term targets.
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Financial targets for 2025 are confirmed, with strong Q3 results and robust order backlog supporting a positive outlook. Segment performance is solid across the board, and innovation in digitalization and lifecycle services is driving customer engagement. Guidance for revenue growth, margins, and cash flow remains unchanged.
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Revenue grew 6.7% year-over-year to €2.727 billion, with EBITDA up 12.6% and a margin of 10.6%. Guidance for 2025 is confirmed, supported by a strong order backlog and robust service growth, despite regional and segmental shifts.
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Q1 2025 delivered strong revenue and profit growth, with robust order intake and a solid backlog supporting full-year guidance. US demand softened but was offset by emerging markets, and tariff risks are being managed through local production and pricing. High liquidity and disciplined capital allocation continue.
Fiscal Year 2024
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Strong 2024 results with double-digit revenue and EBITDA growth, robust order backlog, and positive 2025 guidance. Segment performance was solid, with Filling & Packaging and Process Technology exceeding margin targets, while Intralogistics is set for strong growth. Tariff and economic uncertainties persist, but liquidity and global expansion support continued optimism.
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Revenue and profitability rose sharply in the first nine months of 2024, with strong order intake, robust backlog, and confirmed guidance for full-year growth and margins. Segment performance was solid, and risks are mainly tied to global uncertainties and customer project timing.
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Revenue and profit rose sharply in H1 2024, with strong order intake and a robust backlog supporting guidance for the year. All segments, including the recent Netstal acquisition, are performing in line with expectations, and pricing discipline is maintained despite more cautious customer behavior.