Krones AG - Company Profile
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Krones AG (Krones) is a developer and manufacturer of machines for filling, packaging, and labelling. Cash position, improved operational performance, focus on digitalization, and integrated network of operations are key strengths of the company, even as safety issues remains a cause for concern. Contracts and agreements, positive outlook for Chinese packaging industry and growth initiatives could provide new opportunities to the company. However, currency fluctuations, rising intolerance towards plastic, and rapidly changing technology could affect the company’s performance.
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