India, March 21 -- Beverage filling and packaging company Krones AG (KRNTY.PK, KRNNF.PK) on Thursday said it continues to expect fiscal 2019 revenue to grow by 3% and the EBT margin to increase to approximately 6%.
Krones said its sales price increases on all bottling and packaging equipment and for process technology with effect from May 1, 2018 are likely to have a slight positive effect on earnings in the 2019 financial year.
The company noted that due to the focus on increases in the sales price level, in the current economic and geopolitical climate, Krones sees the achievement of its targets for 2019 subject to greater uncertainties than in the past. For its third performance target, working capital to revenue, Krones expects a figu...