India, Oct. 22 -- Krones AG (KRN.DE), a German manufacturer of packaging and bottling equipment, Thursday lowered its fiscal 2026 revenue growth outlook and revised its 2028 targets due to challenging market conditions and ongoing economic uncertainty.
On the Xetra, Krones shares were down around 4% at €110.40.
The company now expects currency-adjusted revenue growth of 1% to 2% in 2026, down from its previous forecast of 3% to 5%. However, it maintained its EBITDA margin target of 10.7% to 11.1% and return on capital employed (ROCE) outlook of 19% to 20%.
Based on preliminary figures, Krones generated revenue of about €4.10 billion in the first nine months of 2026, with currency-adjusted revenue of approximately €4.14 ...