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Press release Box-ID: 56762

Krones AG Böhmerwaldstr. 5 93073 Neutraubling, Germany http://www.krones.com
Contact Hermann Graf zu Castell-Rüdenhausen +49 9401 703258
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Krones AG

KRONES with further-improved business figures in 2005 as well

(PresseBox) (Neutraubling, )
In the past business year 2005, too, the plant and machinery manufacturer KRONES AG, Neutraubling, Germany, continued its series of improved results in terms of sales, order bookings and profits.

The world´s market leader in the field of beverage filling lines and packaging machinery upped its sales by 11.9 % over the previous year to reach 1.695 bn euros, a figure boosted particularly by a strong last quarter to the year.In particular, the rising demand for water bottling lines, plus the continuing trend towards beverage packages made of PET, both of them numbered among KRONES´ specialities, have contributed to this exceptional surge in sales.

KRONES also achieved vigorous growth in its order bookings, up by 11.7 % at 1.735 bn euros compared with the preceding year, thanks not least to orders totalling 120 m euros that KRONES won during the beverage industry´s drinktec 2005 trade fair.

The company´s profits after tax come to 63.4 m euros, a 2.2 % increase in net income for the year. Profit margins in 2005 were severely hit by the struggle for market share in a fiercely competitive price-driven business environment.

KRONES´ export quota rose in 2005 to 87 %, following 82 % in 2004. Almost 55 % of orders came from outside Europe, 32 % from Europe itself, and a mere 13 % from Germany, compared to 18 % in the preceding year, a drop reflecting the declining level of capital investment in the firm´s domestic market.

For 2006, KRONES expects sales to rise still further, boosted not least by contributions from new lines of business. With increased investment totalling 69 m euros, KRONES aims to upgrade its facilities in Germany, to increase its productivity by purposeful optimisation of all business processes, and on these foundations to improve its earnings still further.

Krones AG

Spezialwissen im Maschinenbau für Abfüll- und Verpackungstechnik Die KRONES AG mit Sitz in Neutraubling/Deutschland plant, entwickelt, fertigt und installiert Maschinen und komplette Anlagen für die Abfüll- und Verpackungstechnik. Seine Erfahrungen und seine Innovationskraft sowie die Verbindung und Optimierung von Maschinenbau, Anlagen-Know-how, Verfahrenstechnik, Mikrobiologie und Informationstechnik machten das Unternehmen zum weltweit führenden Anbieter von Systemtechnik. Hauptabnehmergruppen sind Brauereien und Getränkehersteller, die Nahrungsmittel- sowie die chemische, pharmazeutische und kosmetische Industrie. Zum Konzern gehören neben der KRONES AG (M-DAX) die Töchter, Sander Hansen (Pasteure) und Kosme (Maschinen für den unteren Leistungsbereich) sowie über 40 Auslandsgesellschaften. Mit weltweit über 9.000 Mitarbeitern setzte der Konzern 2005 gut 1,695 Milliarden Euro um.

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.