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.

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Headquarters Germany

Address Boehmerwaldstrasse 5, Neutraubling, Bayern, 93073


Telephone 49 9401 700

No of Employees 18,513

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange KRN (ETR)

Revenue (2022) $5.1B 12.1% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 20% (2022 vs 2021)

Market Cap* $4.2B

Net Profit Margin (2022) XYZ 7.2% (2022 vs 2021)

* As of and is in US$
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Krones AG premium industry data and analytics

6

Construction Projects

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1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Krones AG (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Krones AG’s likely spend across technology areas enabling you to understand the digital strategy.

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
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Plans/Strategy In April, the company announced its plans to introduce a new generation of dry containers, KRONE Dry Box, with ten enhancements.
2024 Contracts/Agreements In March, the company entered into an agreement with Food Brewer to check various applications.
2024 Contracts/Agreements In February, the company entered into a partnership with Siegwerk and Greiner Packaging to feature the capabilities of recycling facilities in the transformation of direct-printed PP and PS cups.
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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 18,513 107,900 33,873 19,160 15,064
Entity Type Public Public Private Public Private
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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 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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