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    Krones Group Annual Report 2019
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    Krones Group Annual Report 2019

      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.

       

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