Bottling equipment maker Krones reports rising order intake
29/07/2026 06:18
Bottling equipment maker Krones reports rising order intake July 29 (Reuters) - German bottling equipment maker Krones KRNG.DE reported on Wednesday a rise in its second-quarter order intake compared to last year, even as it said economic uncertainties were having an impact on orders.
The company said its order intake was €1.34 billion ($1.53 billion) in the second quarter of 2026, up 3.5% compared to the same period last year.
Q2 revenue was €1.31 billion, broadly in line with what analysts polled by LSEG had expected
Krones' core profit rose from €139.2 million to €143.9 million, margin improved from 10.6% to 10.8% year-on-year
The Bavaria-based firm confirmed its targets for 2026
($1 = 0.8771 euros)
(Reporting by Paolo Laudani, editing by Milla Nissi-Prussak)
((Paolo.Laudani@thomsonreuters.com;))
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