The group offers machines, systems and services for the automotive industry, which accounts for 46 percent of sales, but also for the chemical and pharmaceutical industries and for producers of wooden houses and furniture.
(Photo: dpa)
Cologne Faster, better, cheaper – automation is becoming increasingly important in more and more industries. It helps companies to produce goods more efficiently, more precisely and more sustainably and to meet customer requirements in a timely manner.
The beneficiaries of this development include mechanical and plant engineering companies such as Dürr and Krones, as well as material flow specialists such as Interroll. In any case, analysts are mostly optimistic about the shares of these companies. However, investors should keep in mind that this is a cyclical industry, so share prices fluctuate strongly with the ups and downs of the economy.
Krones share
The MDax group Krones is writing a growth story. The Executive Board is forecasting an increase in sales of eight to eleven percent for 2023 with an operating profit margin (Ebitda) of nine to ten percent, which is a good one percentage point higher. The return on investment should be 15 to 17 percent (2022: 14.1 percent).
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