Krones on growth track
Considering that the market for beverage packaging and filling machinery valued at EUR20 billion in 2000 has declined 3,4 percent this year according to estimates, it is no small feat that Krones has been able to beat this trend. Despite a sluggish macro-economic environment, stagnating markets and increasing pressure on prices, the Krones Group has been able to stay on growth track. The world’s market leader for beverage bottling lines and packaging machinery, headquartered in Neutraubling, Bavaria, has managed for the fourth time in a row to outperform the previous year’s figures in terms of turnover, order bookings and profits. In 2003 the demand for Krones’ machines, systems and services has been higher than ever.1 percent to EUR1.1 billion. In the same period, turnover rose 8..
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