Krones continues profitable growth path in 2025

Neutraubling | Based on the preliminary figures for the 2025 financial year, Krones has continued its stable and profitable growth path despite the macroeconomic uncertainties.

The company’s markets are generally less affected by economic fluctuations and Krones’ customers continue to show robust willingness to invest.

The stable condition of Krones’ customer industries is reflected in the fourth quarter 2025 order intake, which at EUR 1,460.0 million was 8.6% up on the previous year. Order intake also increased over the full year 2025 and, at EUR 5,564.7 million – with strict adherence to the pricing strategy – was 1.9% above the previous year’s already high level (EUR 5,460.7 million).

At the end of December, Krones had orders on hand totalling EUR 4,190.4 million (31 December 2024: EUR 4,289.5 million). The solid order backlog ensures production capacity utilization in the line and project business well into the third quarter of 2026.

Revenue increased by 9.7% to EUR 1,556.4 million in the fourth quarter of 2025 compared to the prior-year quarter. In the full year 2025, revenue increased by 7.0% from EUR 5,293.6 million to EUR 5,663.8 million. Krones thus achieved the growth forecast of 7–9% for 2025, despite negative currency translation effects. The depreciation of the US dollar and other currencies against the euro in the reporting period had a translation impact of EUR 99 million on revenue. As expected, the book-to-bill ratio – the ratio of order intake to revenue – was close to 1, at 0.98 in the full year 2025.

Executive Board forecasts profitable growth in 2026

Krones made a good start to the 2026 financial year. However, there are various unpredictable factors that could affect the company’s business processes and production. These include geopolitical risks in Europe, the Middle East and other parts of the world. Another source of uncertainty is the global tariff policy, which could create a downturn in global trade. Material shortages and problems in global supply chains also remain a source of uncertainty. The forecast of revenue is impacted by significant volatility of exchange rates.

Based on the prevailing macroeconomic outlook and the current expected development of the markets relevant to Krones, the company expects consolidated revenue growth, adjusted for currency translation effects, of 3–5% in 2026.

On the basis of increasing operating revenue, an ongoing disciplined price strategy and continued implementation of the cost optimisation measures, Krones aims to improve profitability again this year compared to 2025. At group level for 2026, the company forecasts an EBITDA margin of 10.7– 11.1%. For the third financial performance target, ROCE, Krones expects 19% to 20% in the current year.