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Krones AG ADR - Stock Quote KRNTY

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Morningstar's Krones AG ADR Stock Analysis

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Key Statistics - KRNTY

Krones AG ADR's Company Profile

Business Description

Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account for most of the Krones' revenue. While the company has a global presence, Germany remains the central location for the development of machines, lines, and services.

Contact
Bohmerwaldstrasse 5
Neutraubling, BY, 93073, Germany
T +49 9401701169
Industry Specialty Industrial Machinery
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type
Employees 16,386