Krones Cuts 2026 Revenue Growth Forecast and Adjusts 2028 Strategic Targets
Key Facts
Krones AG lowered its revenue growth forecast for the 2026 fiscal year to a range of 1% to 2%, down from its previous guidance of 3% to 5%. According to a company statement reported by Benzinga, the revision is driven by challenging geopolitical conditions and current economic shifts impacting its operational environment. The company also adjusted its medium-term targets for 2028, now expecting revenue between €6.0 billion and €6.2 billion, compared to the prior outlook of approximately €7 billion.
The company maintained its 2026 EBITDA margin targets between 10.7% and 11.1%, while specifying the 2028 margin target at 11% to 12%. Based on preliminary figures, Krones generated approximately €4,100 million in revenue during the first nine months of the year, which included a €20 million negative impact from refunded US tariffs. These adjustments signal qualitative headwinds for the industrial player's growth trajectory.
Krones AG is scheduled to publish its financial statement for the third quarter of 2026 on November 6, 2026. This upcoming release is expected to provide further clarity on the company's operational performance and the ongoing impact of the macroeconomic environment on its strategic goals.