The German packaging and bottling machinery manufacturer Krones has reported positive results in the first quarter, confirming its path of profitable growth.
The company achieved revenues of 1,410 million euros between January and March, representing a 13.1% year-on-year increase compared to the 1,250 million obtained in the same period of 2024. This figure includes sales from Netstal Maschinen AG, a company incorporated into the group following its acquisition in March of last year. Even without considering this integration, Krones met its annual growth forecast, set between 7 and 9%.
The volume of orders received experienced a slight decrease of 3.2% compared to the first quarter of the previous year, standing at 1,440 million euros, although it remains at solid levels, with a book-to-bill ratio of 1.02. The geographic diversity of its customer base has helped balance slowdowns in certain regions. At the end of March, the order backlog amounted to 4,320 million euros, guaranteeing secured production activity well into the second quarter of 2026.
In terms of profitability, Krones also presented notable improvements. EBITDA increased by 19.1%, reaching 149.3 million euros, with a margin of 10.6%, in line with its annual target. Earnings before taxes (EBT) increased by 21.2%, to 107.9 million euros, while net profit grew by 15.3%, reaching 75.9 million euros or 2.40 euros per share.
Krones remains optimistic and reaffirms its forecasts for 2025: revenue growth between 7% and 9%, EBITDA margin between 10.2% and 10.8%, and ROCE in the range of 18% to 20%.
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