Brief: Krones FY EBITDA Margin Up At 9.7%

Krones AG

22/02/2024 05:33

Feb 22 (Reuters) - KRONES AG  KRNG.DE :
    * KRONES SIGNIFICANTLY INCREASES REVENUE AND PROFITABILITY
IN 2023
– EXECUTIVE BOARD FORECASTS CONTINUATION OF PROFITABLE GROWTH
PATH IN 2024
    * FORECASTS REVENUE GROWTH OF 9% TO 13% WITH AN IMPROVED
EBITDA
MARGIN OF 9.8% TO 10.3% FOR 2024
    * IN Q4 OF 2023, ORDER INTAKE INCREASED BY 6.8% ON PREVIOUS
YEAR'S
QUARTER TO EUR 1,263.0 MILLION
    * OUTLOOK 2024: ROCE OF 17% TO 19%
    * FORECAST FIGURES INCLUDE EFFECTS OF ACQUISITION OF NETSTAL
MASCHINEN AG, WHICH IS STILL TO BE FINALISED
    * ALL FORECAST FIGURES FOR 2024 INCLUDE EFFECTS OF
ACQUISITION OF
NETSTAL MASCHINEN AG, WHICH IS STILL TO BE FINALISED
    * FY EBITDA MARGIN IMPROVED TO 9.7%
    * IN Q4 OF 2023, ORDER INTAKE INCREASED BY 6.8% ON PREVIOUS
YEAR'S
QUARTER TO EUR 1,263.0 MILLION

Source text for Eikon:  ID:nEQ80fZ2Pa 
Further company coverage:  KRNG.DE 

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