Put companies on watchlist
Krones AG
ISIN: DE0006335003
WKN: 633500
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Krones AG · ISIN: DE0006335003 · EQS - Company News (51 News)
Country: Germany · Primary market: Germany · EQS NID: 1319501
04 April 2022 01:30PM

Krones AG: Krones increases prices for new machines and lines


DGAP-News: Krones AG / Key word(s): Miscellaneous
Krones AG: Krones increases prices for new machines and lines

04.04.2022 / 13:30
The issuer is solely responsible for the content of this announcement.


4 April 2022

Krones increases prices for new machines and lines

Just two years after the start of the Covid-19 pandemic, the market continues to recover visibly - and Krones has reported a good order situation, insuring a solid starting position for 2022. Due to the continuing high level of market demand, the lead times for projects are currently becoming significantly longer, extending into 2023.

In parallel, there are ongoing significant supply shortages for certain materials as well as disruptions in the global value chain, which lead to further cost increases. Krones consequently considers it necessary to take the measure of raising prices for all bottling and packaging equipment and for process technology by a further 4% as of 1 April 2022.

Krones invests continuously in the development of technologies and services, primarily across the three major strategic areas of line expertise, digitalization and sustainability. This results in innovative solutions that help customers in the food and beverage industry to operate profitably while organizing their production and operating activities to meet the challenges of protecting the environment.

Contact:
Olaf Scholz
Head of Investor Relations, Krones AG
Tel.: +49 9401 70-1169
E-mail: olaf.scholz@krones.com



04.04.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling
Germany
Phone: +49 (0)9401 701169
Fax: +49 (0)9401 709 1 1169
E-mail: investor-relations@krones.com
Internet: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1319501

 
End of News DGAP News Service

1319501  04.04.2022 

fncls.ssp?fn=show_t_gif&application_id=1319501&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Krones AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.