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Krones AG (KRNU.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
60.500.00 (0.00%)
At close: 08:02AM CET

Krones AG

Böhmerwaldstraße 5
Neutraubling 93073
Germany
49 9401 70 0
https://www.krones.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full Time Employees18,513

Key Executives

NameTitlePayExercisedYear Born
Mr. Christoph KlenkChairman of Executive Board & CEO1.64MN/A1963
Mr. Thomas RickerChief Sales Officer & Member of Executive Board1.11MN/A1968
Mr. Markus TischerMember of Executive Board1.03MN/A1968
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers machines and lines for stretch blow molders, bottle washing, filling, inspection, labelling, conveying, product packing, palletizing, treatment, technology products, as well as for producing PET containers and converting used plastic bottles into food-grade recycled material. The Process Technology segment supplies machines and lines for producing and processing beer, soft drinks, fruit juices, milk, dairy drinks, and alternative proteins; and provides water treatment solutions. The Intralogistics segment is involved in the planning and design of fully automated warehousing, order-picking and material flow systems with high-speed feeders, conveyors, and automated guided vehicle systems. It also offers complete logistics systems, supply and disposal systems, and custom IT and digitalization solutions that manage and optimize all production processes. The company serves breweries; beverage producers; and companies from the food, chemical, pharmaceutical, and cosmetic industries. Krones AG was founded in 1951 and is headquartered in Neutraubling, Germany.

Corporate Governance

Krones AG’s ISS Governance QualityScore as of March 1, 2024 is 7. The pillar scores are Audit: 3; Board: 9; Shareholder Rights: 10; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.