DGAP-Ad-hoc: Krones AG / Key word(s): Change in Forecast 
Krones AG: Krones raises full-year guidance for 2021 and publishes preliminary half-year figures 
23-Jul-2021 / 09:14 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
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Ad-hoc release 
23 July 2021 
Krones raises full-year guidance for 2021 and publishes preliminary half-year figures 
Krones' business continued to develop dynamically through the second quarter of 2021. Based on preliminary figures, 
order intake in the first six months of 2021 was around EUR2,045 million, some 40% higher than a year earlier. Revenue in 
the first half of 2021 increased by about 1% year on year to approximately EUR1,720 million. In the second quarter of 
2021, revenue was almost 12% higher than in the prior-year quarter. Despite rising costs, notably of materials and 
freight, Krones' profitability improved significantly in the period January to June 2021. Earnings before interest, 
taxes, depreciation and amortisation reached approximately EUR138 million (previous year: EUR118.5 million). The EBITDA 
margin increased to 8.0% (previous year: 7.0%). 
Based on the preliminary figures for the first half year and the good outlook for the third and fourth quarters of 
2021, Krones is raising its full-year guidance for 2021. For the Krones Group, the Executive Board now expects 
full-year revenue growth of 7% to 9% in 2021 (previously 2.5% to 3.5%). Krones anticipates an EBITDA margin of 7% to 8% 
(previously 6.5% to 7.5%). For the third performance target, working capital to revenue, the guidance remains unchanged 
at 26% to 27%. 
The guidance for 2021 is subject to the assumption that there will be no severe impacts from the Covid-19 pandemic, 
problems in supply chains or other general economic impacts. 
Krones will publish its Interim Report as of 30 June 2021 on 3 August 2021. 
Explanations of the cited financial performance indicators are provided in the Krones Group's Annual Report online at 
https://www.krones.com/media/downloads/GB_2020_Konzern_e.pdf, primarily on pages 52 and 198. 
Contact: 
Olaf Scholz 
Head of Investor Relations, Krones AG 
Tel.: +49 9401 70-1169 
E-Mail: olaf.scholz@krones.com 
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23-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and 
Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Krones AG 
              Böhmerwaldstraße 5 
              93073 Neutraubling 
              Germany 
Phone:        +49 (0)9401 701169 
Fax:          +49 (0)9401 709 1 1169 
E-mail:       investor-relations@krones.com 
Internet:     www.krones.com 
ISIN:         DE0006335003 
WKN:          633500 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, 
              Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange 
EQS News ID:  1221197 
 
End of Announcement  DGAP News Service 
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1221197 23-Jul-2021 CET/CEST


 
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July 23, 2021 03:15 ET (07:15 GMT)