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Investor Relations
FAQ

FAQ

Frequently Asked Questions are a compilation of questions and answers concerning Krones AG. Whether you have a question about the company or the shares – you will find the answer here. And if you have a question to which you cannot find the answer here, the Corporate Communications Director will be glad to help you.

Questions concerning company shares

Number of company shares and class of shares?

There is a total of 31,593,072 shares. Krones share certificates are bearer shares without par (no-par shares). Each share corresponds to one vote at the company’s annual shareholders' meeting.

Which is the security identification number (SIN) and international security identification number (ISIN) of the Krones shares?

The security identification number (SIN) is 633500, the international security identification number (ISIN) is DE0006335003.

On which markets are Krones shares traded and since when?

Krones shares have been traded since 29 October 1984. Our shares can be traded on all German stock markets.

Can Krones shares be bought directly from Krones?

It is not possible to buy Krones shares directly from Krones or sell them back to Krones. Please contact your custodian bank or local bank to do so.

Since when has Krones been listed in the MDAX?

The Krones share has been part of the mid-cap index of the German stock exchange since the foundation of the MDAX on 19 January 1996.

How high was the dividend paid last?

For the business year of 2016, Krones paid a dividend of 1.55 Euro per share in June 2017.

When and where will the next general meeting take place?

The next general meeting will take place on 13 June 2018 in the public hall of the city of Neutraubling.

Which is the Krones shareholders' structure?
Who is the main shareholder of the "Kronseder Family Consortium GbR"?

The main Krones shareholders are the descendants of Hermann Kronseder, the company's founder. That are Volker, Normann, Harald and Gunter Kronseder with their families. The shares are merged in a pooling agreement which regulates the joint exercise of voting rights of all family members of the Kronseder family and their companies. Holding 51.58 %, the Kronseder family is the stable majority shareholder of the Krones AG.

What is the dividend payout policy of Krones

Krones distributes approximately 25 % to 30 % of the yielded annual profits to the shareholders.

Does Krones own its own shares and is a share buyback programme planned?

Krones currently does not own its own shares and a share buyback programme is not planned. An authorisation of the general meeting to do so has been granted.

Why is the Krones share an attractive investment?

Questions concerning the company

When has Krones been founded?

The company was founded in 1951 by Hermann Kronseder.

Which products are offered by Krones?

Krones uses cutting-edge technology for the manufacture of filling, packaging and process equipment as well as for intralogistics and IT solutions for the food and beverage industry on a global basis.

Who are Krones’ customers?

Its customers include breweries and beverage producers, as well as the food, chemicals, pharmaceuticals and cosmetics industries.

How many employees does Krones have worldwide?

At the end of 2016, Krones employed 14,443 employees all over the world, 10,061 of them in Germany and 4,382 abroad.

Where are the Krones production facilities?

Apart from our subsidiary Kosme (share in turnover< 4 %) which produces in Italy and Austria, all of the premium sector lines and machines are produced in Germany. All manufacturing steps for our core modules take place in our factories in Neutraubling, Nittenau, Rosenheim and Flensburg, as well as in Freising. ln China and North America, machines for the local market are produced.

What are the medium-term objectives of Krones?

7/8/22 is or medium-term objective and means

  • 7 % average sales growth per year
  • 8 % earnings before tax (EBT margin)
  • 22 % for the index number of net working capital to the turnover ratio
Who are the Krones’ major competitors?

In our main line of business - filling and packaging technology - our main competitors are KHS and Sidel (Tetra). The market, however, is fragmented. There are many smaller suppliers worldwide.

One of our competitors in the field of process equipment/beverage production is GEA.

How does Krones size up its growth opportunities in the long run?

The market for beverage filling and packaging machines should continue to grow even stronger and more stable than the global economy. The company with its products and range of services benefits from various mega trends. The growing middle classes in the emerging countries and the rural-urban migration of people make for a strong demand for packaged food and beverages, even on a long term basis. Urbanisation results in the population adapting to the urban way of life and consequently consuming more packaged food and beverages. In addition, the number of different types of packaging will grow, as the food and beverage producers want to stand out from the competition by increasing their packaging variety.

Which individual sectors, regions and customer groups contributed which part to the group’s turnover?
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