KRONES AG — Earnings Release 2006

Mar 21, 2007

News Details

Ad-hoc | 21 March 2007 14:41

KRONES AG: Krones releases the final business figures for 2006

Krones AG / Final Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.

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With a turnover of 1.911 bn euros, profits increased by 22.3 % to 77.5 m
euros - Stock split at a ratio of one-for-three is planned

In the trading year 2006, the world's market leader in the field of
beverage filling lines and packaging machinery, Krones AG, Germany, upped
its sales by 12.7 % over the previous year to reach 1.911 bn euros. Due to
continuous improvement in productivity and business processes, the profits
before tax increased by 20.3 % to 109.6 m euros.

The net income for the year grew by 22.3 %, hitting 77.5 m euros. The
profits after tax for 2006 have been influenced by exceptional factors. The
resulting marginal tax rate reflects unique events resulting from a change
in German Corporation Tax Law and the tax burden of the previous years.
By the end of the year 2006, the Krones group was employing 9,165 people,
1.5 % more than in the previous year.
Besides the higher sales, the leading market position of Krones AG is
reflected in the orders received, which increased by 13.3 %, totalling
1.967 bn euros.
Due to the increased profit quality of this strong order inflow in the
business year 2006, which continued in the first two months of 2007, sales
of approximately one billion euros and a 7 % return on sales before tax for
the first half of 2007 are forecast.

Executive Board and Supervisory Board propose a stock split

With a most recent price of more than 139 euros, the Krones share has hit a
record high.
To further stimulate trading with our stock and to make the shares even
more attractive to a wide circle of investors, the Executive Board and the
Supervisory Board of Krones AG will propose a stock split at a ratio of
one-to-three to the Annual General Meeting of Shareholders taking place on
20. June 2007. (The stockholders will receive two additional shares for
each Krones share held.) The necessary increase of share capital is to
coincide along with a capital increase from the company's own resources.

Brief portrait: the KRONES Group
The Krones Group, headquartered in Neutraubling, Germany, plans, develops,
and manufactures machines and complete lines for the fields of process
technology, bottling, canning and packaging, plus intralogistics.

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

DGAP 21.03.2007

Language: English
Issuer: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling Deutschland
Phone: +49 (0)9401 703258
Fax: +49 (0)9401 703496
E-mail: investor-relations@krones.de
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

End of News DGAP News-Service

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