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.
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 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.