Krones stock slips after morning quote as growth outlook stays weak
Published on 11/12/2026 at 17:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth guidance remains under pressure
- Krones expects currency-adjusted revenue growth of 1 percent to 2 percent for 2026 after lowering its previous forecast.
- The company kept its EBITDA margin and return-on-capital-employed targets unchanged.
- Investors are watching whether orders can support stronger growth in the fourth quarter.
Krones stock traded at 111.40 euros on Lang & Schwarz at 17:47 CET on Thursday, November 12, 2026, 0.18 percent above the Xetra close of Thursday, November 12, at 111.20 euros. The quote was 1.76 percent below the 113.40 euros reported by Ad-hoc News at 07:47 CET the same day, a separate comparison from the Xetra daily move.
The change since the morning report provides the latest market signal around Krones as investors assess a more cautious growth outlook. The checked Ad-hoc News report said the company expects currency-adjusted revenue growth of 1 percent to 2 percent for 2026, compared with its previous forecast of 3 percent to 5 percent.
Growth guidance remains under pressure
Krones supplies filling and packaging technology. Its nine-month revenue rose 0.8 percent after adjustment for currency translation effects, according to the company information cited in the Ad-hoc News report. The revised full-year forecast reflects weaker market conditions, customer cost pressures and economic uncertainty.
Profitability targets remain more stable. Krones continues to forecast an EBITDA margin of 10.7 percent to 11.1 percent for 2026 and return on capital employed of 19 percent to 20 percent. The nine-month adjusted EBITDA margin stood at 10.8 percent in the same report.
What investors watch next
The next reports will show whether order momentum can lift growth in the fourth quarter without eroding returns. For investors, the contrast between the lower sales outlook and retained margin targets keeps execution, customer investment and operating discipline at the center of the Krones stock case.
Krones Aktiengesellschaft
- ISIN: DE0006335003
- Lang & Schwarz quote: 111.40 euros at 17:47 CET on November 12, 2026
- Xetra close: 111.20 euros on November 12, 2026
- 2026 revenue outlook: 1 percent to 2 percent, currency-adjusted
- 2026 EBITDA margin target: 10.7 percent to 11.1 percent
- 2026 ROCE target: 19 percent to 20 percent
German industrial stocks remain in focus alongside the broader DAX market.
