Spread of the coronavirus
Krones assumes responsibility for its employees, customers and business partners. We have taken numerous measures to slow down the spread of the infection and continue to provide our customers with the best possible support.
Krones publishes 2019 Annual Report and confirms preliminary figures
Despite difficult overall economic conditions, consolidated revenue increased in 2019 by 2.7% to €3.96 billion.
Order intake, at €4.08 billion, was up 3.2% year-on-year.
Profitability affected by high personnel costs and one-time expenses for restructuring and impairments. The EBT margin is 1.1% (prior year 5.3%).
Without one-time effects, the EBT margin would be 2.8%, in line with the guidance of around 3%.
Krones is making good progress in implementing structural measures for a sustained improvement in earnings.
Krones plans to pay a dividend based on earnings excluding one-time effects.
Shareholders will receive a dividend of €0.75 per share for 2019.