Krones AG confirmed earnings guidance for the full year 2022. The company's business performed well in the first half of 2022 and the company has a very large order backlog. The company is consequently also confident for the full year.

However, the business environment remains challenging. Uncertainties include material shortages and problems in global supply chains, rising material and energy procurement prices, political risks in Europe and other parts of the world, and also strong inflation in many countries. It is also uncertain how the Covid-19 pandemic will continue to play out around the world and how the impacts of the war in Ukraine will affect the growth of the global economy.

Based on the prevailing macroeconomic outlook and the current expected development of the markets relevant to company, the company forecasts revenue growth of 5% to 8% in 2022, with good chances of achieving the upper end of this guidance range.