KRONES AG — Earnings Release 2007

Mar 13, 2008

News Details

Ad-hoc | 13 March 2008 15:06

KRONES AG:New records for sales and earnings / Krones publishes provisional figures for the 2007 business year

Krones AG / Preliminary Results

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Neutraubling, Germany, 13 March 2008 – In the 2007 business year, Krones
AG, the world’s market leader for beverage filling and packaging
technology, achieved new records for all significant statistics, according
to the provisional figures. In comparison to the preceding year, sales rose
by 12.8 % to reach 2,156.0 million euros. At 2,300.2 million euros, order
bookings were up by 16.9 % over the preceding year.

Earnings before taxes rose by 40.1 % to reach 153.6 million euros. The EBT
margin, i.e. earnings before taxes in relation to sales, improved from 5.7
% to 7.1 %. After taxes, earnings rose from 77.5 million euros to 101.8
million euros (+ 31.4 %). The ROCE (Return on Capital Employed) improved in
2007 from 16.1 % to 20.2 %

Outlook

As a long-term target, Krones aims to increase its revenues each year
within a corridor of 5 to 10 %. Thanks to the company’s good order
situation in the initial months of the ongoing business year, and the
auspicious outlook, the Executive Board expects the rise in sales during
2008 to reach the upper levels of the forecast corridor
Pretax earnings are set to increase at least in proportion to revenues.
Since Krones is profiting from the reform of Germany’s Corporation Tax Act,
earnings after taxes will in 2008 rise by a higher percentage than earnings
before taxes.

Your contact person:
Olaf Scholz
Head of Investor Relations
Tel.: +49 9401 701169
Mobile: +49 151 12248730
Email: olaf.scholz@krones.com

Contact:
Olaf Scholz
Leiter Investor Relations
Tel.: +49 (0) 9401 - 701169
E-Mail: olaf.scholz@krones.com

13.03.2008 Financial News transmitted by DGAP

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
Internet: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart

End of News DGAP News-Service

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