Krones AG

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Krones AG (KRNTY) Price Performance

Krones AG (KRNTY) trades on United States in USD. The company is classified in the Industrials sector under the Specialty Industrial Machinery industry. The stock currently trades at $69.02.

Over the past year, KRNTY has traded between a low of $66.24 and a high of $85.35. The stock has gained 4.2% over this period. It is currently 19.1% below its 52-week high.

Krones AG has a market capitalization of $4.57B, with a price-to-earnings ratio of 13.52 and a dividend yield of 3.17%.

About Krones AG

Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology for the food and beverage industry in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers machines and lines for stretch blow molders, filling and capping, inspection, labelling, conveying, packing, palletising, treatment, technology products, as well as for producing PET containers and converting used plastic bottles into food-grade recycled material. The Process Technology segment supplies machines and lines for producing and processing beer, soft drinks, fruit juices, milk, dairy drinks, and alternative proteins; and provides water treatment solutions and components. The Intralogistics segment is involved in the planning and design of fully automated warehousing, and order-picking and material flow systems with automated guided vehicle systems. It also provides system and software solution. The company also offers logistics systems, and custom IT and digitalization solutions that manage and optimize all production processes. It serves breweries; beverage producers; and companies from the food, chemical, pharmaceutical, and cosmetic industries. Krones AG was founded in 1951 and is headquartered in Neutraubling, Germany.

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