Krones AG / Quarter Results 27.04.2010 10:17 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Neutraubling, Germany 27 April 2010 - Since the drinktec, the world's biggest trade fair for the beverage and packaging industries, which was held in September 2009, the entire sector has awoken from its state of shocked paralysis. In addition, the macro-economic environment has improved over recent months. Krones' sales, for example, at 533.5 million euros in the first quarter of 2010, exceeded the previous year's figure of 482.3 million euros by 10.6 %. Order bookings had already risen last year from quarter to quarter, a trend that accelerated during the first three months of 2010. From January to March, the company received orders worth 550.4 million euros in all. In comparison to the first quarter of 2009, this corresponds to a rise of 32.8 %. Orders on hand totalled 905.3 million euros at the end of March, which means that Krones' order backlog has grown by more than 135 million euros in the past twelve months. From January to March, Krones achieved earnings before taxes (EBT) of 13.2 million euros. In the preceding year, EBT came to minus 4.0 million euros. Earnings after taxes improved by 14.2 million euros to reach 9.1 million euros. Earnings per share were 0.30 euros (preceding year: minus 0.17 euros). Outlook Following the most serious recession since the Second World War, the global economy is recovering. Future developments, however, are still shrouded in profound uncertainty. Krones' business model plus its clearly defined corporate strategy have proved their worth. The company has learned its lessons from the crisis, and with its change programme 'Conversion', which stands for 'rethink and revamp', will mobilise even more perceptible potentials so as to fit Krones for coping with more volatile markets. In view of the encouraging performance during the first quarter of 2010, Krones is cautiously optimistic for the year as a whole. The Executive Board is anticipating growth in sales of 5 % to 15 %, and appreciably positive consolidated earnings measured in the tens of millions. For the 2011 business year, Krones expects a further uptrend, given no significant change in the situational framework. Your contact person: Olaf Scholz Head of Investor Relations Krones AG Tel.: +49 9401 70-1169 Email: olaf.scholz@krones.com 27.04.2010 10:17 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: Krones AG BöhmerwaldstraÃe 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 ---------------------------------------------------------------------------
DGAP-Adhoc: Krones AG: Krones in the black again during the first quarter of 2010
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