Krones Stock - steady after strong first quarter as packaging peers lag

Edited by ad hoc news Sector & Peer-Group Desk. Verified prior to publication on 06/19/2026, 15:32 CET. Details in the imprint.

Krones (DE0006335003) has been trading slightly softer this week after a robust first quarter and reiterated full-year guidance. Sector data show the German packaging machinery specialist broadly in line with European industrial peers over the last five sessions.

How Krones started 2024

Krones reported first-quarter 2024 revenue of around EUR 1.35 billion, up roughly 11% year-on-year, with an EBITDA margin close to 10%. According to the company's quarterly report dated 04/30/2024, order intake and backlog remained at a high level.

Management confirmed its 2024 guidance of 9% to 13% organic revenue growth and an EBITDA margin between 9% and 10%. The group also reiterated a medium-term target of a 9% to 12% EBITDA margin corridor beyond 2024, as outlined in the same report.

Weekly view and sector comparison

On Xetra, Krones shares recently traded around EUR 115, slightly below last week's level, while the broader MDAX index moved broadly sideways over the same period. Comparable European capital goods stocks also showed muted moves in low double-digit euro price ranges.

Investors continue to watch capital spending trends in beverages and food, as these drive order intake for filling and packaging lines. A softer macro backdrop in some regions contrasts with ongoing investments in efficiency, digitalization and more sustainable packaging solutions among Krones' customer base.

How the company makes money

Krones generates most of its revenue from engineering and supplying complete beverage filling and packaging lines, including bottle washers, fillers, labelers and palletizing systems. The company also earns recurring income from lifecycle services, spare parts and digital production optimization tools for its installed base.

Where the stock trades today

The shares of Krones (DE0006335003) trade on Xetra at EUR 115.80 as of 06/19/2026, 15:32 CET.

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.