Krones shares drop on lower Q2 order intake, profit taking

Krones AG

30/07/2025 09:57

** Krones' KRNG.DE stock falls around 7% after the German packaging and bottling machine maker reported lower Q2 order intake, with a trader also pointing to possible profit taking

** Order intake fell 1.2% to 1.29 billion euros

** "All-in-all report should trigger profit-taking although expectations weren't high," a local trader writes

** Krones' stock falls to the bottom of Germany's mid-caps index .MDAXI

($1 = 0.8654 euros)

 (Reporting by Tristan Veyet)

 ((Tristan.chabba@thomsonreuters.com))