Krones AG (KRNNF) Research

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.

Market snapshot

Symbol
KRNNF
Price
$134.15
Day change
0.00%
Market cap
$3.7B
P/E ratio
12.55x
52-week range
134.15-137.29
Sector
Industrials
Industry
Industrial - Machinery
Next earnings
in 1 month

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