Business
Krones : Quarterly statement Q1 2026
Krones : Quarterly statement Q1
About this update from Krones Ag
Krones Group Quarterly ttatement for the period from 1 January to 31 March 2026 1 to our shareholders 2 assets, financial position, and results of operations 3 interim consolidated financial statements for the period ended 31 march 2026 4 other information and results of operations statements for the period ended 31 march 2026 1 to our shareholders Highlights and key figures 4 Letter from the Executive Board 5 The Krones share 6 Highlights and key figures and results of operations statements for the period ended 31 march 2026 1 | 4 Highlightt and key figuret Krones starts 2026 financial year with high order intake -profitability also up in first quarter Krones' customers continue to show robust willingness to invest. In the first quarter of 2026, the company increased order intake by 5.3%, from €1,435.9 million in the previous year to €1,512.1 million. The contract value of orders is thus also higher than in the fourth quarter of 2025 (€1,460.0 million). Adjusted for currency translation effects, revenue increased by 1.4%. Reported revenue was €1,379.1 million (previous year: €1,410.0 million). Based on the book-to-bill ratio of 1.10 in the first quarter, Krones expects revenue growth to accelerate through to the year-end. The ebitda margin from January to March improved from 10.6% in the previous year to 10.8%, which is within the guidance range for the current financial year.Due to the managed increase in working capital, Krones generated free cash flow before m&a activities of −€9.5 million in the first quarter of 2026 (previous year: €165.2 million). roce amounted to 17.6% (previous year: 20.5%).Following the positive first-quarter trend, Krones has confirmed the guidance for the full year 2026. The company expects revenue growth of 3% to 5% adjusted for currency translation effects, an ebitda margin of 10.7% to 11.1% and roce of 19% to 20%. 1 Jan - 31 Mar 2026 1 Jan - 31 Mar 2025 Change Revenue € million 1,379.1 1,410.0 -2.2% +1.4%* Order intake € million 1,512.1 1,435.9 +5.3% Orders on hand at 31 March € million 4,323.4 4,315.4 +0.2% ebitda € million 148.9 149.3 -0.3% ebitda margin % 10.8 10.6 +0.2 PP** ebit € million 99.0 106.0 -6.6% ebt € million 98.1 107.9 -9.1% ebt margin % 7.1 7.7 -0.6 PP** Consolidated net income € million 68.6 75.9 -9.6% Earnings per share € 2.17 2.40 -9.6% Capital expenditure for pp&e and intangible assets € million ...