When filling and
Packaging machine manufacturer Krones they have
austerity measures initiated some time ago in the first quarter
paid for. Despite a decline in sales, earnings were down
and profit unexpectedly increased significantly. So the result rose
Interest, taxes and depreciation (Ebitda) in the first quarter
compared to the previous year by a good 4 percent to 89.5 million euros, such as
the SDaxCompanies on Wednesday in Neutraubling
communicate. The bottom line was just under 8 percent
39.1 million euros too.
Due to the general economic uncertainties
Customers willingness to invest significantly in new projects
encumbered, it said. The incoming orders went accordingly in
Year-on-year decline by almost a fifth, sales
decreased by a good 4 percent to 942 million euros. Resilient
Statements and forecasts on sales and earnings are for the
Fiscal year 2020 is currently not serious. at the beginning of March
Krones still had, despite the uncertainties already mentioned at the time
sales at the previous year’s level and an improvement in
operating margin of up to 7.2 percent in prospect
provided / cro / pc
ISIN DE0006335003
AXC0107 2020-04-29 / 08: 15
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