Krones AG (KRNTY)
Krones AG operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Neutraubling, BV, DE. The stock last traded at $64.15, up 0.00% on the session, giving a market capitalisation of $1.01B. On trailing twelve-month figures it carries a trailing P/E of 12.43, a net margin of 5.2%. Its beta of 0.85 implies it has historically moved less than the broad market.
Krones AG, a German company headquartered in Neutraubling and established in 1951, specializes in the design, engineering, and manufacturing of advanced machinery and integrated systems for the production, bottling, and packaging industries globally. The firm operates through two primary business divisions: one dedicated to equipment for product filling and decoration, and the other focusing on machinery and process technology for beverage manufacturing. Krones' comprehensive offerings include sophisticated process engineering solutions applicable to a wide range of liquids such as beer, craft beer, juice, milk, soft drinks, water, and spirits. Its extensive portfolio features specialized products like Steinecker phoebus membrane filters and water ozonisation systems. Furthermore, Krones provides expertise in bottle design, stretch blow molders, bottle washing equipment, precision filling technology, inspection systems, labeling machines, conveyors, product treatment units, packaging solutions, palletizing systems, block technology, and recycling facilities. Beyond core machinery, the company also delivers integrated solutions for internal logistics, material flow management, and warehousing tailored specifically for the food and beverage sectors, alongside various IT services. Krones' diverse clientele spans breweries, beverage producers, and companies within the food, chemical, pharmaceutical, and cosmetic industries.
Krones AG is most often compared with the following Industrials names: