Krones AG Optimistic Despite Economic Challenges

Krones AG started 2026 with a strong order intake despite global economic challenges. In Q1, order intake rose by 5.3% to €1,512.1 million compared to 2025. Revenue adjusted for currency effects grew 1.4%, with reported revenue at €1,379.1 million. The company maintained a book-to-bill ratio of 1.10, indicating anticipated revenue growth throughout the year.

The EBITDA margin improved to 10.8%, aligning with the year's financial guidance. Although Krones faced a decline in free cash flow to −€9.5 million and a lower ROCE of 17.6%, it remained well-structured financially, with net cash of €523.1 million. Despite uncertainties in the Middle East and supply chain issues, Krones confirmed its 2026 financial targets, expecting revenue growth between 3% and 5% and an EBITDA margin of 10.7% to 11.1%.