Krones AG - Company Profile
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Krones AG (Krones) is a manufacturer of packaging and bottling machine. It develops, manufactures, and installs machines of bottling, canning, process technologies, filling and packaging systems. The company offers system engineering, labelling, inspection, cleaning, plastics, packing, and palletizing and conveyor technologies and systems for product filling and decoration. It also provides brew house, filtration and product treatment systems for beverage production and processing industries. Krones serves food and diary, chemicals, pharmaceuticals, cosmetics, alcoholic and non-alcoholic beverage sectors. The company operates its production and sales facilities in Germany and maintains regional sales and services offices in the Americas, Europe, Asia-Pacific, the Middle East and Africa. Krones is headquartered in Neutraubling, Bayern, Germany.
Headquarters
Germany
Address
Boehmerwaldstrasse 5, Neutraubling, Bayern, 93073
Website
www.krones.com
Telephone
49 9401 700
No of Employees
18,258
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
KRN (ETR)
Revenue (2022)
$4.4B
15.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
32.3%
(2022 vs 2021)
Market Cap*
$3.6B
Net Profit Margin (2022)
XYZ
14.1%
(2022 vs 2021)
* As of and is in US$
Krones AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Brewery Systems | Plant Consulting Services | Syskron |
| Storage and Production Tanks | Plant Expansion Services | Triacos |
| Process Control Systems | Structural Planning | Process and Data Automation |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In August, the company unveiled two new butterfly mower. |
| 2023 | New Products/Services | In August, the company announced new and updated grass kit for the 2024 season. |
| 2023 | Contracts/Agreements | In June, the company partnered with CCL to allow application of new recyclable sleeve. |
Competitor Comparison
| Key Parameters | Krones AG | ABB Ltd | Tetra Laval International SA | Valmet Corp | KUKA AG |
|---|---|---|---|---|---|
| Headquarters | Germany | Switzerland | Switzerland | Finland | Germany |
| City | Neutraubling | Zuerich | Pully | Espoo | Augsburg |
| State/Province | Bayern | - | Waadt | - | Bayern |
| No. of Employees | 18,258 | 106,170 | 33,873 | 18,066 | 15,064 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Matthias Winkler | Chairman | Executive Board | 2023 | - |
| Christoph Klenk | Chief Executive Officer | Senior Management | 2016 | - |
| Uta Anders | Chief Financial Officer | Senior Management | 2023 | - |
| Thomas Ricker | Chief Sales Officer | Senior Management | 2018 | - |
| Markus Tischer | Director - International Operations and Services | Senior Management | 2014 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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