Krones AG (KRNNF)
Krones AG operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Neutraubling, BV, DE. The stock last traded at $134.15, up 0.00% on the session, giving a market capitalisation of $4.24B. On trailing twelve-month figures it carries a trailing P/E of 12.50, a net margin of 5.2%. Its beta of 0.86 implies it has historically moved less than the broad market.
Krones AG, a German company operating internationally, designs, develops, and manufactures specialized machinery and integrated production lines for the filling, packaging, and processing technology sectors. Its business is divided into two primary segments: equipment and lines for product filling and decoration, and systems for beverage production and process technology. The company offers a comprehensive range of solutions, including process technology for diverse beverages such as beer, craft beer, juices, milk, soft drinks, water, and spirits. This includes advanced components like Steinecker phoebus membrane filters and water ozonisation systems. Krones also provides expertise in bottle design, alongside producing stretch blow molders, bottle washing machines, filling and inspection technology, labelers, conveyors, product treatment systems, packaging and palletizing equipment, and recycling systems. Furthermore, it delivers solutions for intralogistics, material flow, and warehousing tailored for the beverage and food industries, complemented by various IT offerings. Established in Neutraubling, Germany, in 1951, Krones serves a broad customer base, including breweries, beverage manufacturers, and companies within the food, chemical, pharmaceutical, and cosmetic industries.
Krones AG is most often compared with the following Industrials names: