Based on the preliminary figures for the 2025 financial year, Krones has continued its stable and profitable growth path despite the macroeconomic uncertainties. The company’s markets are generally less affected by economic fluctuations and Krones’ customers continue to show robust willingness to invest.
Sharp fourth-quarter rise in order intake and revenue – full-year 2025 guidance met
The stable condition of Krones’ customer industries is reflected in the fourth quarter 2025 order intake, which at €1,460.0 million was 8.6% up on the previous year. Order intake also increased over the full year 2025 and, at €5,564.7 million – with strict adherence to the pricing strategy – was 1.9% above the previous year’s already high level (€5,460.7 million).
At the end of December, Krones had orders on hand totalling €4,190.4 million (31 December 2024: €4,289.5 million). The solid order backlog ensures production capacity utilization in the line and project business well into the third quarter of 2026.
Revenue increased by 9.7% to €1,556.4 million in the fourth quarter of 2025 compared to the prior-year quarter. In the full year 2025, revenue increased by 7.0% from €5,293.6 million to €5,663.8 million. Krones thus achieved the growth forecast of 7% to 9% for 2025, despite negative currency translation effects. The depreciation of the US dollar and other currencies against the euro in the reporting period had a translation impact of €99 million on revenue. As expected, the book-to-bill ratio – the ratio of order intake to revenue – was close to 1, at 0.98 in the full year 2025.
Krones significantly improves profitability – EBITDA margin up from 10.1% to 10.6% in full year 2025
Krones further strengthened profitability in 2025. This was mainly due to efficiency gains in production and implementation of strategic measures to improve performance and the company’s cost structures.
Between October and December 2025, earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 17.5% year on year to €171.6 million. The EBITDA margin rose from 10.3% to 11.0%. In the full year 2025, EBITDA also grew by more than revenue, increasing 12.2% from €537.1 million to €602.3 million. Krones significantly improved the EBITDA margin to 10.6% (previous year: 10.1%). The company thus achieved its margin target of 10.2% to 10.8% for 2025.
Earnings before taxes (EBT) increased by 11.1%, from €381.6 million in the previous year to €424.1 million in the full year 2025. The EBT margin consequently rose from 7.2% to 7.5%. The increase in consolidated net income to €299.2 million (previous year: €277.2 million) results in earnings per share of €9.45 for 2025 (previous year: €8.77).
