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    Ad-hoc release – Krones raises earnings target for 2015 after strong first half
      23. July 2015

      Ad-hoc release – Krones raises earnings target for 2015 after strong first half

      Krones, the world’s leading manufacturer of filling and packaging technology, continued to grow profitably in the first half of 2015. Revenue grew 4.8% year-on-year to €1,503.7 million. New orders also increased further, by 4.3% to €1,524.1 million. Earnings before taxes (EBT) rose 16.4% in the first six months of 2015, from €89.4 million in the previous year to €104.1 million. As a result, the EBT margin, the ratio of earnings before taxes to revenue, improved from 6.2% to 6.9%.

      Because profitability exceeded Krones’ expectations in the first half of 2015 and the market outlook is positive overall, Krones is raising its EBT margin forecast for the year 2015 as a whole from 6.8% to 7.0%. The company’s target for revenue growth for 2015 remains unchanged at 4%.

      Contact
      Olaf Scholz
      Head of Investor Relations
      Böhmerwaldstraße 5
      93073 Neutraubling
      Germany
      T: +49 9401 70-0

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