Krones AG (WBO:KRN)
€ 117.4 -0.4 (-0.34%) Market Cap: 3.73 Bil Enterprise Value: 3.43 Bil PE Ratio: 4.47 PB Ratio: 2.10 GF Score: 80/100

Q3 2023 Krones AG Earnings Call Transcript

Nov 03, 2023 / 12:00PM GMT
Release Date Price: €99.6 (+7.97%)
Olaf Scholz
Krones AG - Head of IR, Treasury and M&A

Good afternoon to ladies and gentlemen, and thank you for joining our Q3 2023 conference call.

At first, some information. Please note that this call will be held as a Microsoft Teams meeting. Krones will not record this event in image and sound and will not provide a recording of this call. Krones has disabled the standard meeting recording feature in the MS Teams. We kindly ask all participants to refrain from recording this call neither through third-party tools nor through Microsoft built-in functionality such as policy based on compliance recording.

As a participant, please be aware that personal information such as your video stream, audio stream, phone number or name might be visible to other participants, depending on your way of participation and your interaction in the call.

So after this technical information, Krones have -- with a strong growth in the first 3 quarters 2023 and a significantly improvement in profitability. This was the headline of our press release in the morning.

Now we want to

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