Krones

Kepler Cheuvreux has raised its previously negative reduce rating for KRONES to hold and removed the stock from the "Capital Goods Least Preferred List." As a result, the price rose 1.51 percent to €107.60; the shares have so far lost more than 20 percent in 2026. Analyst Hans-Joachim Heimbürger sees lower valuation risks due to the weak share price, but expects subdued demand in the third quarter and continues to regard GEA as the sector's preferred pick. » More on finanzen.net

Bernstein Research rates KRONES as “Market-Perform” with a price target of €111 and expects only modest revenue and order growth for 2027. Analyst Benjamin Thielmann warns that the revenue target for 2028 appears uncertain, citing dampened capital expenditure by beverage manufacturers, especially in the Asia-Pacific region. The stock fell intraday by around 2.15 percent to €109.40 and is down about 20 percent in 2026, placing it in the bottom third of the MDAX. » More on finanzen.net

Krones generates around 90% of its revenue abroad and recently opened a plant in Bangalore. In Q2, order intake rose 3.5% to €1.34 billion, and H1 order volume grew 4.5% to €2.85 billion; revenue was slightly below last year at €2.71 billion due to currency effects, but was +1.8% on an adjusted basis. EBITDA margin climbed to 10.8% in the first half and free cash flow improved significantly; the group confirms a currency-adjusted revenue increase of 3–5% and an EBITDA margin of 10.7–11.1% for the year. » More on finanzen.net