Krones expects to beat 2001 forecast

German bottling machine maker Krones expects to beat its own forecast of a 25% rise in net profit this year. Despite business doing well, the company is disappointed by its low stock price and lack of…

German bottling machine maker Krones expects to beat its own forecast of a 25% rise in net profit this year. Despite business doing well, the company is disappointed by its low stock price and lack of investor interest due to the dominance of the company“s voting shares by chief executive Kronseder and his family.