EQS-News: Krones to continue profitable growth – medium-term targets set for 2028
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EQS-News: Krones AG
/ Key word(s): Miscellaneous
3 July 2024
Krones to continue profitable growth – medium-term targets set for 2028
Krones held a Capital Market Day for analysts and institutional investors today in Neutraubling. Key topics comprised the company’s strategy and growth prospects together with the presentation of the medium-term targets for 2028. Krones’ markets benefit from megatrends such as world population growth and the expanding middle class. The Executive Board explained how the company is responding to customer needs and seizing the opportunities presented by the stable growth of the food and beverage market. A key growth driver for Krones here consists of sustainability and related environmental and climate concerns. Demand from Krones customers is sharply increasing for machines and systems that save resources and reduce carbon emissions. The company occupies a leading position here, providing future-ready products with which Krones delivers on its vision of supplying customers with “Solutions beyond tomorrow”. Krones’ Executive Board illustrated this with specific examples of innovative products. The Executive Board also provided analysts and investors attending the Capital Market Day with a comprehensive briefing on the company’s activities with regard to digitalisation and the expansion of Krones’ global footprint. Krones sets medium-term targets for 2028 Krones will continue its profitable growth in the years ahead. This is reflected in the medium-term targets for 2028, which the Executive Board presented at the Capital Market Day. The company plans to increase consolidated revenue to €7 billion by 2028 (2023: €4.7 billion). Profitability is also set to improve. The medium-term target for the EBITDA margin is between 11% and 13% (2023: 9.7%). For the third financial target, return on capital employed (ROCE), Krones is aiming for more than 20% by 2028 (2023: 16.3%).
Krones has published the Capital Market Day presentation online at: https://www.krones.com/media/downloads/CMD_2024.pdf
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03.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Krones AG |
| Böhmerwaldstraße 5 | |
| 93073 Neutraubling | |
| Germany | |
| Phone: | +49 (0)9401 701169 |
| Fax: | +49 (0)9401 709 1 1169 |
| E-mail: | investor-relations@krones.com |
| Internet: | www.krones.com |
| ISIN: | DE0006335003 |
| WKN: | 633500 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1939263 |
| End of News | EQS News Service |
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1939263 03.07.2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | ||
| Sales1 | 3.958,88 | 3.322,74 | 3.634,46 | 4.209,34 | 4.720,68 | 5.296,00 | 0,00 | |
| EBITDA1,2 | 227,26 | 133,22 | 312,64 | 373,31 | 457,31 | 566,00 | 0,00 | |
| EBITDA-Margin3 | 5,74 | 4,01 | 8,60 | 8,87 | 9,69 | 10,69 | 0,00 | |
| EBIT1,4 | 43,95 | -40,81 | 170,90 | 230,41 | 290,99 | 400,00 | 0,00 | |
| EBIT-Margin5 | 1,11 | -1,23 | 4,70 | 5,47 | 6,16 | 7,55 | 0,00 | |
| Net Profit (Loss)1 | 9,24 | -79,71 | 141,39 | 187,08 | 224,55 | 285,00 | 0,00 | |
| Net-Margin6 | 0,23 | -2,40 | 3,89 | 4,44 | 4,76 | 5,38 | 0,00 | |
| Cashflow1,7 | 93,53 | 321,77 | 335,86 | 478,70 | 137,62 | 0,00 | 0,00 | |
| Earnings per share8 | 0,30 | -2,52 | 4,47 | 5,92 | 7,11 | 8,85 | 9,30 | |
| Dividend per share8 | 0,75 | 0,06 | 1,40 | 1,75 | 2,20 | 2,40 | 2,50 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Ernst & Young
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Krones | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 633500 | DE0006335003 | AG | 3.848,04 Mio € | 01.10.1984 | Kaufen | 8FWJX5MR+MH |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 12,56 | 16,77 | 0,75 | 26,91 | 2,18 | 27,96 | 0,82 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 1,75 | 2,20 | 2,40 | 1,97% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 27.05.2025 | 09.05.2025 | 30.07.2025 | 05.11.2024 | 20.03.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +1,13% | -0,84% | +1,50% | +10,43% | +0,00% |
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