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    • Focus on strenghts
      Krones’ consolidated revenue fell in 2020 as a result of the Covid-19 pandemic by 16.1% to €3.32 billion.
    • Focus on strenghts
      Order intake was also significantly affected by corona and, at €3.31 billion, was 19.0% lower than in 2019. However, the fourth quarter showed first positive signs of improvement.
    • Focus on strenghts
      Profitability was impacted by expenses of €72 million for capacity adjustments. EBITDA decreased from €227.3 million to €133.2 million. The EBITDA margin was 4.0% (2019: 5.7%). Excluding these one-off effects, the EBITDA margin was 6.2% (2019: 6.6%).
    • Focus on strenghts
      Krones generated free cash flow of €221.3 million in 2020 (previous year: –€94.4 million).
    • Focus on strenghts
      Due to the negative consolidated net income, Krones will pay out only the statutory minimum dividend for 2020. This corresponds to €0.06 per share.
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      Krones operates worldwide, delivering leading technologies for filling and packaging, process engineering, and intralogistics as well as IT solutions for the food and beverage industries. Our sound balance sheet and financial strength enable us to invest in new technologies – and to continue to offer our customers the best solutions. We are creating value for our customers and clear competitive advantages for our company.

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