Krones

KRONES revised its 2026 revenue forecast to currency-adjusted plus 1–2% (previously 3–5%) and lowered its 2028 target to €6.0–6.2 billion instead of around €7 billion. The mid-term EBITDA margin target was reduced by one percentage point at the upper end to 11–12%, while the 2026 target remains at 10.7–11.1%. Management cited weak end markets, macroeconomic uncertainty and geopolitical pressure as reasons; the stock fell sharply after the announcement. In the first nine months of 2026, KRONES preliminarily reported €4.1 billion in revenue (+0.8% currency-adjusted) and EBITDA of around €453 million (+5%), aided by a one-off effect from U.S. customs duty refunds. » Altro su finanzen.net

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. » Altro su 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. » Altro su finanzen.net