Krones AG Reports Robust Financial Growth in 2024

Krones AG achieved a significant boost in financial performance for 2024. The company's revenue rose by 12.1%, reaching €5,293.6 million. This growth was fueled by strong customer investment and a 1.6% increase in order intake to €5,460.7 million. The order backlog went up by 4.1%, totaling €4,289.5 million by year-end.

Despite high costs, Krones improved its EBITDA by 17.5% to €537.1 million, raising the EBITDA margin to 10.1% from 9.7%. Free cash flow saw a substantial rise to €292.5 million, with ROCE climbing to 18.2% from 16.3% the previous year.

Krones' Executive Board forecasts continued growth in 2025, with expected revenue increases of 7% to 9% and an EBITDA margin between 10.2% and 10.8%. Challenges include geopolitical tensions and potential supply chain issues, yet the substantial order backlog supports production capabilities into 2026.