Krones

$3,624.19 Billion Automatic Liquid Filling Market - Global Growth, Trends, and Forecasts 2021-2026: Key Players are Bosch Packaging Technology, Krones Group AG, E-PAK Machinery - ResearchAndMarkets.com

Retrieved on: 
Friday, May 7, 2021
Cosmetics, Retail, Krones, Packaging and labeling, Secondary sector of the economy, Companies, Industry economics), Robert Bosch GmbH, Cosmetics, Packaging

As the market is evolving rapidly, and globalization is at its peak, cosmetics emerging in the market have been demanding attractive packaging styles, and the whole packaging industry revolves around consumer preference.

Key Points: 
  • As the market is evolving rapidly, and globalization is at its peak, cosmetics emerging in the market have been demanding attractive packaging styles, and the whole packaging industry revolves around consumer preference.
  • And for this, the automatic liquid filling machines play a crucial role.\nFurthermore, under hair care products, the demand for shampoo is very high.
  • Thus, in return, it may create a market for automatic liquid filling equipment, among the manufactures.\nThe automatic liquid filling market is fragmented and is competitive in nature.
  • Some of the key players in this market are Bosch Packaging Technology, Krones Group AG, E-PAK Machinery, etc.

DGAP-News: Krones AG: Krones reports good first quarter 2021

Retrieved on: 
Friday, May 7, 2021
Krones, Earnings before interest, taxes, depreciation and amortization, Economy

The EBITDA margin was 8.7% in the reporting period, down on the high prior-year figure of 9.5%.\n- Based on the positive first-quarter trend, Krones is confident of meeting the forecast for 2021.

Key Points: 
  • The EBITDA margin was 8.7% in the reporting period, down on the high prior-year figure of 9.5%.\n- Based on the positive first-quarter trend, Krones is confident of meeting the forecast for 2021.
  • Following a strong fourth quarter in 2020, order intake continued to grow dynamically from January to March 2021.
  • At \xe2\x82\xac1,405.5 million as of the end of March 2021, Krones' order backlog was up 9.4% on the previous year.\nKrones has significantly enhanced its flexibility with extensive structural measures.
  • In total, Krones generated consolidated net income of \xe2\x82\xac32.8 million from January to March 2021 (previous year: \xe2\x82\xac39.1 million).

DGAP-News: Krones AG: Krones expecting increased revenue and profitability in 2021

Retrieved on: 
Thursday, March 25, 2021
Krones, Cash and cash equivalents, Revenue

Krones, the world's leading manufacturer of filling and packaging technology, today published its 2020 Annual Report.

Key Points: 
  • Krones, the world's leading manufacturer of filling and packaging technology, today published its 2020 Annual Report.
  • Net cash and cash equivalents, meaning cash and cash equivalents less bank debt, increased to 184.9 million (previous year: 38.1 million).
  • For financial year 2021, due to ongoing uncertainty about the path of the Covid-19 pandemic, Krones is forecasting revenue growth of 2.5% to 3.5%.
  • This would hit the economy and hence also Krones harder than currently expected and could lead to negative revenue and earnings effects.

DGAP-News: Krones AG: Krones publishes preliminary figures for 2020

Retrieved on: 
Thursday, February 25, 2021
Krones

- Krones' consolidated revenue fell in 2020 as a result of the Covid-19 pandemic by 16.1% to 3.32 billion.

Key Points: 
  • - Krones' consolidated revenue fell in 2020 as a result of the Covid-19 pandemic by 16.1% to 3.32 billion.
  • - Krones generated free cash flow of 221.3 million in 2020 (previous year: -94.4 million).
  • Krones, the leading manufacturer of filling and packaging technology, slightly exceeded its most recently outlook according to the preliminary figures for 2020.
  • At the end of 2020, Krones had an order backlog of 1.21 billion (previous year: 1.39 billion).

DGAP-News: Krones AG: Krones publishes preliminary figures for third quarter and provides guidance for full year 2020

Retrieved on: 
Tuesday, November 3, 2020
Articles, Health, Global health, Pandemic, Krones, Corona, COVID-19 pandemic

- Due to corona, revenue in the third quarter of 2020 fell 25.0% year-on-year to 750.4 million.

Key Points: 
  • - Due to corona, revenue in the third quarter of 2020 fell 25.0% year-on-year to 750.4 million.
  • At 843.6 million, the contract value of orders was around 37% or 227.4 million higher than in the second quarter.
  • The preliminary figures for the third quarter of 2020 show that the economic consequences of the Covid-19 pandemic are having a major impact on Krones' business.
  • This was mainly due to goodwill impairments of 13.6 million recognised by Krones in the second quarter of 2020.

O-I Glass and Krones AG sign Collaboration Agreement

Retrieved on: 
Wednesday, October 21, 2020
Matter, Krones, Construction, Windows, Goods economics), O-I Glass, Glass, Container glass

Perrysburg, Ohio, Oct. 21, 2020 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) and Germanys Krones AG signed a strategic collaboration agreement that aims to elevate glass by innovating together and to jointly create solutions for the growing glass market.

Key Points: 
  • Perrysburg, Ohio, Oct. 21, 2020 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) and Germanys Krones AG signed a strategic collaboration agreement that aims to elevate glass by innovating together and to jointly create solutions for the growing glass market.
  • This agreement is the first step that O-I and Krones are taking together in order to offer clients completely integrated, end-to-end solutions in the future.
  • So it was absolutely logical to improve still further the compatibility of Krones complete lines and the glass containers from O-I, adds Christoph Klenk, CEO of Krones AG.
  • At O-I Glass, Inc., we love glass and are proud to make more of it than any other glass bottle or jar producer in the world.

COVID-19 Impact and Recovery Analysis- Food Packaging Machinery Market 2020-2024 | Increased Demand for Food Packaging to Boost Growth | Technavio

Retrieved on: 
Wednesday, May 6, 2020
Packaging, Retail, Manufacturing, Food, Beverage, Packaging, Articles, Food science, Industries, Business, Food packaging, Krones, Packaging machinery, Tetra Laval, Ishida, Food, Active packaging

Our food packaging machinery market report covers the following areas:

Key Points: 
  • Our food packaging machinery market report covers the following areas:
    This study identifies increased demand for smart packaging as one of the prime reasons driving the food packaging machinery market growth during the next few years.
  • Food Packaging Machinery Market 2020-2024: Vendor Analysis
    We provide a detailed analysis of vendors operating in the food packaging machinery market, including some of the vendors such as Coesia Spa, GEA Group Aktiengesellschaft, Graphic Packaging Holding Co., Illinois Tool Works Inc., Ishida Co. Ltd., John Bean Technologies Corp., KRONES AG, MULTIVAC Sepp Haggenmuller SE & Co. KG, Syntegon Technology GmbH, and Tetra Laval International SA.
  • Backed with competitive intelligence and benchmarking, our research reports on the food packaging machinery market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Food Packaging Machinery Market 2020-2024: Key Highlights

Top 5 Vendors in the Global Digital Packaging and Labeling Market 2019-2023 | Technavio

Retrieved on: 
Monday, July 8, 2019
Packaging, Manufacturing, Companies, Packaging, Industries, Business, Robert Bosch GmbH, Barry-Wehmiller, Packaging and labeling, Krones, Packaging machinery

View the full release here: https://www.businesswire.com/news/home/20190708005418/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20190708005418/en/
    Technavio has published a new market research report on the global digital packaging and labeling market from 2019-2023.
  • Leading vendors are developing high-speed digital packaging and labeling equipment and are using advanced digital technologies for accurate color-matching.
  • Global End-of-line Packaging Market 2019-2023 - The market research study identifies IMA Group, ProMach, Krones AG, Robert Bosch GmbH, and Schneider Packaging Equipment as the leading players in the global end-of-line packaging market.
  • Global Packaging Machinery Market 2018-2022 - The market research study identifies Barry-Wehmiller Companies, GEA Group, Illinois Tool Works, Krones, and Robert Bosch as the leading players in the global packaging machinery market.