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New unit enhances the efficiency of closure inspection
In beverage bottling plants, the process of closing the containers constitutes a point of crucial importance for the product’s overall quality. Until now, quality-assurance solutions have used a combination of the reflected- and transmitted-light methods, but that requires quite an elaborate set-up. In order to meet more stringent quality standards and keep pace with innovative improvements like tethered caps and lightweighting while simultaneously upgrading the existing methods, Krones has developed the 360° closure inspection unit. This new unit marries a precisely defined lighting system to a very high camera resolution. It measures the positions of the bottle’s closure and neck finish in three-dimensional space. Based on that, it can determine…
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Successful acceptance at Republic Services in Las Vegas
The Republic Services Polymer Center is the first plant of its kind in North America. Following its successful commissioning at the end of 2023, the final acceptance of Krones Recycling’s plant for PET and polyolefins has now taken place. From the front end and washing line to utilities and water treatment: with Krones as general contractor, Republic Services received the entire plant from a single source. The market for recycled plastics is booming. The Republic Services Polymer Center in Las Vegas is to contribute to meeting this demand with an expected annual output of more than 50,000 tons of recycled plastics. To achieve these ambitious goals, Republic Services is…
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Krones Prefero brings together overall system expertise and the plastics cycle
With the acquisition of Netstal Maschinen AG at the beginning of the year, Krones has been able to offer its customers a solution from the Krones Group for every single step in the plastics loop. In addition to injection molding technology, this also includes the MHT tools required for PET production and the Krones Contiform series for stretch blow molding the bottles. Added to this are competencies in preform and container design, as well as the MetaPure plastics recycling systems and the comprehensive digitalization solutions. With Prefero, Krones now completes its overall system for the production, filling and packaging of PET containers. This makes Krones the only supplier that can…
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Krones continues profitable growth path
At €1,482.7 million, the contract value of orders in the first quarter of 2024 was close to the very high level seen in the previous year (€1,513.1 million) and, with an increase of 17.4%, significantly higher than the order intake in the fourth quarter of 2023 (€1,263.0 million). Krones’ growth is fully on track. Revenue increased by 4.0% to €1,247.1 million. Krones has consolidated the revenue of the recently acquired Netstal Maschinen AG only since 28 March 2024. The EBITDA margin improved from 9.6% in the previous year to 10.1%, which is within the guidance range for the full year 2024. Krones significantly increased free cash flow before M&A activities to +€184.2 million in…
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Net-zero emissions by 2040: Krones has defined more stringent sustainability targets
It has been officially confirmed: Following a resolution taken by the Executive Board, Krones aims to reduce its greenhouse gas emissions to net zero by 2040 – along the entire value chain. Net-zero target submitted to the SBTi “In view of the latest forecasts issued by climate researchers, each and every one of us needs to know that our planet has reached a dangerous turning point,” explains Krones’ CEO Christoph Klenk. “As far as climate change is concerned, all of us – businesses, politicians, individuals – are in this together. Even now, it is still possible to protect the conditions necessary to ensure humankind’s continued existence, and we must therefore…
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Krones increases high-viscous food capabilities with minority investment in Perfinox
On April 16th 2024, Krones has signed agreements leading to the acquisition of a 45% equity stake in Perfinox Industria Metalurgica S.A. (Perfinox). Based near Porto (Portugal), Perfinox is providing solutions for the preparation & preservation of high viscous food products such as hummus, ketchup, condiments and vegan food innovations. The applications include solutions for mixing, cooking and emulsification as well as pasteurization by using scraped surface heat exchangers. Perfinox’s expertise in the viscous food category will further strengthen Krones’ diversification & resilience in the Process Technology segment. The participation in Perfinox will be consolidated at equity. Firmenkontakt und Herausgeber der Meldung: Krones AG Böhmerwaldstr. 5 93073 Neutraubling Telefon: +49 (9401) 700…
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Krones Dynafill – now with artificial intelligence
The new AI-based system for fill level control from Krones is another significant step towards resource-friendly beverage filling with the Dynafill – and it has promptly earned the AI Excellence Award. Ensuring the correct fill level of a beverage – and thus the quality of the finished product – requires the utmost precision in the filling process. Fill levels can be indirectly controlled by carefully regulating the bowl pressure. However, a number of factors must be taken into account here: Even the smallest changes in product temperature, CO2 content or vacuum pressure can have a significant impact on the process. Therefore, it is extremely difficult for an operator to manually set…
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Krones plans to pay dividend of €2.20 per share for successful 2023 financial year
Today Krones published its Annual Report 2023 and confirmed its preliminary figures. At the Annual General Meeting for 2023, the Executive Board and Supervisory Board will propose a dividend of €2.20 per share, an increase of 25.7% on the previous year (2022: €1.75 per share). Krones will continue its profitable growth in 2024. For the Group, the Executive Board forecasts revenue growth of 9% to 13% with an improved EBITDA margin of 9.8% to 10.3% and ROCE of 17% to 19%. The forecast figures include the effects of the acquisition of Netstal Maschinen AG, which is still to be finalised. Sustainability performance also developed positively in the financial year 2023.…
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Krones will für das erfolgreiche Geschäftsjahr 2023 eine Dividende von 2,20 Euro je Aktie ausschütten
Krones hat heute den Geschäftsbericht 2023 veröffentlicht und bestätigt die Vorabzahlen. Vorstand und Aufsichtsrat schlagen der Hauptversammlung für das Jahr 2023 eine im Vergleich zum Vorjahr um 25,7 % höhere Dividende von 2,20 Euro je Aktie vor (2022: 1,75 Euro je Aktie). Profitables Wachstum von Krones wird sich 2024 fortsetzen. Der Vorstand prognostiziert für den Konzern ein Umsatzwachstum von 9 % bis 13 % bei einer verbesserten EBITDA-Marge von 9,8 % bis 10,3 % und einem ROCE von 17 % bis 19 %. Die prognostizierten Werte beinhalten die Effekte aus der noch final abzuschließenden Akquisition der Netstal Maschinen AG. Nachhaltigkeitsleistung hat sich im Geschäftsjahr 2023 ebenfalls positiv entwickelt. Krones hat…
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Krones at Anuga FoodTec 2024
What are the challenges faced by beverage and food producers worldwide? One is certainly ensuring security across the entire production process – because, of course, only products of impeccable quality should ever roll off the line and make their way to consumers. Another is sustainability, a factor that applies along the entire value chain. As we approach the end of certain finite resources, society has an obligation to do everything in its power to protect the natural environment and our planet as a whole. Of course, it goes without saying that these topics also play a central role in the vision and mission of the Krones Group, whether for new…
