Krones continues profitable growth path

Company report | Krones has continued its stable and profitable growth path despite the macroeconomic uncertainties, according to the annual company report published on 20 March.

The company benefited in 2025 from the fact that the market for filling and packaging technology is less cyclical. The extensive product and service portfolio, as well as the internationally diversified customer base, also supported Krones’ growth. Revenue increased by 7.0%, from EUR 5293.6 million in the previous year to EUR 5663.8 million. Krones thus achieved the growth forecast of 7% to 9% for 2025, despite negative currency translation effects.

The stable state of Krones’ customer industries is also reflected in the positive development in order intake. At EUR 5564.7 million in 2025, order intake exceeded the previous year’s already high level (EUR 5460.7 million) by 1.9% – with continued adherence to the disciplined pricing strategy.

At the end of December 2025, Krones had orders on hand totalling EUR 4190.4 million (31 December 2024: EUR 4289.5 million). The solid order backlog ensures production capacity utilisation in the lines and project business well into the third quarter of 2026.

In the full year 2025, earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by more than revenue, increasing 12.2% from EUR 537.1 million to EUR 602.3 million. The EBITDA margin increased significantly in 2025 from 10.1% to 10.6%.

Net zero emissions target

Despite the increased volume of business, Scope 1 and 2 emission reductions in 2025 were maintained at the previous year’s already high level (with a reduction of 52% relative to 2019). For Scope 3 in 2025, Krones recorded savings of -8% compared to the 2019 base year, together with increased demand for economically sustainable products.

Profitable growth forecast for 2026

As the current situation in the Middle East shows, the company once again faces numerous challenges this year. It is impossible to predict the impact that the conflict in Iran will have on the economy in the Middle East and the global economy. Despite these and other uncertainties, such as global tariff policies, Krones remains realistically and expects consolidated revenue growth of 3% to 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% to 11.1%. For the third financial performance target ROCE, Krones expects 19% to 20% in the current year.