Financial PerformanceKrones delivered a solid Q3 in a tough macro environment, with EBITDA up 5.4% to €142m, implying a margin of 10.3%.
Market PositionKrones is viewed as a market leader with a solid management team and less volatility compared to other industrials, offering an attractive entry point at current valuation levels.
Order MomentumKrones' Q3 print confirmed a solid delivery, with a pick-up in orders, anticipated to continue in Q4, driving positive sentiment in an otherwise cautious market backdrop.