Krones Aims for Significant Growth by 2028

Krones AG held a Capital Market Day today, presenting its strategy and medium-term targets for 2028 to analysts and investors. The company expects to increase consolidated revenue to €7 billion by 2028, up from €4.7 billion in 2023. The Executive Board also aims for an EBITDA margin between 11% and 13% by 2028, compared to 9.7% in 2023. Additionally, Krones targets a return on capital employed (ROCE) of more than 20% by 2028, up from 16.3% in 2023.

During the event in Neutraubling, Krones highlighted the effects of global megatrends, such as population growth and an expanding middle class, on its markets. The Executive Board emphasized the company's focus on sustainability, noting increased demand for eco-friendly machines and systems. They showcased innovative products that align with Krones' vision of providing "Solutions beyond tomorrow."

Furthermore, the presentation covered Krones' initiatives in digitalisation and global expansion. The Executive Board provided detailed insights into these areas, underscoring their importance to the company's long-term success.