Krones AG: Initiation of Coverage- Turbocharging Global Expansion Through Smart Tariff Defense and Localized Production!

Krones AG, a leading provider of filling and packaging technologies, reported its Q1 2025 earnings, showcasing a positive start to the fiscal year. The company’s revenue reached €1.410 billion, marking a 13.1% growth compared to the same period in 2024. This growth is partially attributed to the inclusion of Netstal, adding approximately €60 million to the revenue. On a like-for-like basis, Krones achieved growth within its previously announced guidance of 7% to 9%. Despite solid results, potential uncertainties, such as geopolitical tensions and tariff issues, may impact the economic outlook.