Krones rises as H1 orders, profitability improve more than expected

Krones AG

29/07/2026 08:28

** Shares in Krones KRNG.DE jump 5.5% after the German bottling machinery maker reports higher H1 order intake and profitability, and confirms FY 2026 targets
** H1 order intake rises 4.5% to €2.85 billion ($3.25 billion), Q2 orders are up 3.5%, with the company citing robust customer investment despite macro uncertainty
** Broker Münchmeyer Petersen views the result as positive, saying Q2 EBITDA was ahead of consensus while revenue came broadly in line
** Broker expects consensus FY 2026 forecasts to remain broadly stable after the earnings beat and notes guidance and 2028 mid-term targets were confirmed
** Krones says a book-to-bill ratio above 1 and higher backlog supported faster revenue growth in H2
     
     
     
($1 = 0.8777 euros)

(Reporting by Basile Day)
((Basile.day@thomsonreuters.com))