KRONES AG — Earnings Release 2007

Apr 26, 2007

News Details

Ad-hoc | 26 April 2007 10:14

KRONES AG: A strong first quarter for Krones, with a propitious outlook for 2007

Krones AG / Quarter Results

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The issuer is solely responsible for the content of this announcement.

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Following a record year in 2006, Krones, Neutraubling, Germany, continued
to perform strongly in the first quarter of 2007. Sales revenues, for
example, rose by 11.8 % compared to the preceding year, to reach 505.0
million euros, with order bookings up by an impressive 14 %, at 557.1
million euros. At the end of March 2007, the order backlog at Krones
totalled 798.8 million euros, 9.8 % above the preceding year’s figure.

Pretax profits were 18.4 % up at 36.1 million euros. With a pretax return
on sales of 7.1 %, we achieved our target figure of 7 % in the first
quarter of 2007. Profits after tax rose by 19.9 % to reach 22.9 million
euros, so that net earnings per share improved from the preceding year’s
figure of 1.79 euros to reach 2.17 euros in the year’s first quarter.

Outlook

Since the prospects for the business cycle remain auspicious and our
clients are investing substantial sums, we are targeting new records for
sales revenues and profits in 2007. Over the year as a whole, we aim to
upsize our sales revenues by between 7 % and 12 %, which will mean our
sales will exceed 2 billion euros for the first time.

The principal focus, however, is on profitability rather than growth. We
have already upgraded the firm’s efficiency, and will be continuously
improving the processes involved. The easing pressure on prices should
accordingly provide a sustained boost to our profit margins. In the ongoing
business year, Krones is targeting a pretax return on sales of 7.0 %
(preceding year: 5.9 %).

Contact:
Hermann Graf zu Castell-Rüdenhausen
Leiter Corporate Communications - Investor Relations
Tel.: +49 (0) 9401 - 703258
E-Mail: Hermann.Castell@krones.com

DGAP 26.04.2007

Language: English
Issuer: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling Deutschland
Phone: +49 (0)9401 703258
Fax: +49 (0)9401 703786
E-mail: investor-relations@krones.com
www: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: MDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart

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