Germany's Krones 2025 revenue rises but slightly misses estimates

Krones AG

19/02/2026 05:54

Overview

Germany packaging equipment maker's 2025 revenue rose 7%, slightly missing analyst expectations

Preliminary EBITDA margin for 2025 improved to 10.6%, driven by efficiency gains

Company forecasts 3% to 5% revenue growth for 2026

Outlook

Krones forecasts 3% to 5% revenue growth in 2026, adjusted for currency effects

Company expects 2026 EBITDA margin between 10.7% and 11.1%

Krones anticipates ROCE of 19% to 20% in 2026

Result Drivers

EFFICIENCY GAINS - Krones improved profitability in 2025 due to efficiency gains and strategic measures

STRONG ORDER INTAKE - Q4 2025 order intake rose 8.6% year-on-year, reflecting robust customer investment

SOLID BACKLOG - Order backlog ensures production capacity utilization into Q3 2026

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
EUR 5.66 bln
EUR 5.69 bln (14 Analysts)
FY Orders
EUR 5.56 bln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Krones AG is €155.00, about 10.1% above its February 18 closing price of €140.80

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nEQ5JTGP2a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)