Krones stock gains 1.79% since last report; outlook remains lower
Published on 10/29/2026 at 17:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOutlook and operating metrics
- Krones cut its currency-adjusted 2026 revenue-growth forecast to 1% to 2% from 3% to 5%.
- The company maintained its 2026 EBITDA-margin and ROCE targets despite the weaker growth outlook.
Krones stock has moved higher since our last relevant report, while the company continues to face a lower growth outlook. Lang & Schwarz quoted the shares at 113.90 euros on October 29, 2026, at 4:31:16 p.m. Berlin time, compared with 111.90 euros in the report published on October 26.
What has changed since the last report is the market level rather than a new operating announcement. The comparison represents an increase of 1.79% from the earlier quoted price. It does not establish a causal link between the share movement and the company's forecast revision.
Lower growth forecast remains in place
On October 22, 2026, Krones reduced its currency-adjusted revenue-growth forecast for fiscal 2026 to 1% to 2%, from a previous range of 3% to 5%. In its ad-hoc disclosure, the company cited unfavorable developments in relevant markets, geopolitical conditions, higher costs for customers and continuing macroeconomic uncertainty.
The preliminary first-nine-month figures included revenue of around 4.10 billion euros and currency-adjusted revenue of approximately 4.14 billion euros, up 0.8% from the prior-year period. Preliminary EBITDA was 453 million euros. Krones said refunded US tariffs had a positive effect of approximately 10 million euros on earnings, while the revenue impact was approximately negative 20 million euros.
Profitability targets are maintained
Krones kept its 2026 EBITDA-margin target at 10.7% to 11.1% and its ROCE target at 19% to 20%. The company expects to publish its third-quarter 2026 statement on November 6, 2026, providing a more complete view of performance after the outlook change.
For 2028, Krones reduced its revenue target to 6.0 billion euros to 6.2 billion euros from around 7.0 billion euros. The medium-term EBITDA-margin target is now 11% to 12%, while the ROCE target remains above 20%.
The latest real-time quote of Krones stock provides the current trading reference for investors.
Germany's broader market environment can be followed in the DAX market coverage.
For further company-specific coverage, see more news and analyses on Krones stock.
Krones AG key data
- Company: Krones AG
- ISIN: DE0006335003
- Ticker: KRN.DE
- Primary exchange: Xetra
- Lang & Schwarz price: 113.90 euros on October 29, 2026, at 4:31:16 p.m. Berlin time
- Change versus October 28 Xetra close: plus 0.09%
- Xetra close on October 28, 2026: 113.80 euros
- 52-week range: 103.20 to 144.20 euros
- Market capitalization: 3.6 billion euros
- Sector: Industrial machinery and equipment
