Krones AG Boosts 2024 Dividend by 18%

Krones AG announced an 18% increase in its dividend for the 2024 financial year, amounting to €2.60 per share. This decision will be proposed at the upcoming Annual General Meeting. In its 2024 Annual Report, Krones reported a revenue increase of 12.1%, reaching €5,293.6 million, surpassing the €5 billion mark for the first time. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose by 17.5% to €537.1 million, achieving an EBITDA margin of 10.1%.

The company's order intake grew by 1.6% to €5,460.7 million, reflecting stable customer investment confidence in the international beverage industry. Despite economic challenges, Krones maintained a net cash of €439.9 million and achieved a return on capital employed (ROCE) of 18.2%. Looking ahead, Krones forecasts 7% to 9% revenue growth and aims for a 10.2% to 10.8% EBITDA margin in 2025.