Krones AG (KRN.DE)
Krones AG operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Neutraubling, BV, DE. The stock last traded at $115.00, down 0.69% on the session, giving a market capitalisation of $3.63B. Its beta of 0.93 implies it has historically moved less than the broad market.
Krones AG, headquartered in Neutraubling, Germany, and established in 1951, specializes in the design, engineering, and manufacturing of advanced machinery and integrated line solutions for production, filling, and packaging processes globally. The company's operations are primarily divided into two segments: equipment for product filling and decoration, and machinery and systems dedicated to beverage production and process technology. Its comprehensive portfolio encompasses process technology for a wide array of liquids, including beer, craft beer, juice, milk, soft drinks, water, and spirits, alongside specialized offerings such as Steinecker phoebus membrane filters and water ozonization systems. Krones provides solutions for bottle design, stretch blow molding, bottle washing, precise filling, quality inspection, labeling, conveying, product treatment, advanced packaging, palletizing, block technology, and recycling systems. Beyond production lines, the company also delivers intralogistics, material flow management, and warehousing solutions tailored for the food and beverage sectors, complemented by specialized IT services. Krones AG serves a diverse clientele, including breweries, beverage manufacturers, and various enterprises across the food, chemical, pharmaceutical, and cosmetic industries.
Krones AG is most often compared with the following Industrials names: