Is Krones (ETR:KRN) a Compelling Buy Ahead of 2026?

Krones AG (ETR:KRN), a global leader in automated bottle and can production, has emerged as a standout performer in 2025, with its Q3 results underscoring robust profitability, resilient earnings momentum, and a compelling valuation. As investors weigh opportunities ahead of 2026, the company's financial trajectory, insider alignment, and improving credit profile warrant closer scrutiny.

Profitability and Earnings Momentum: A Foundation for Growth

Krones' Q3 2025 results reflect a company in strong operational control. , while revenue rose 4.7% year-on-year to €1,380.9 million, achieving a book-to-bill ratio of 1.00. , as reported. Excluding trade fair expenses, the margin would have exceeded expectations, highlighting operational efficiency.

Over the first nine months of 2025, , up from 10.1% in the same period in 2024. , . These metrics, , signal a company that is not only maintaining but accelerating its profitability.

Earnings per share (EPS) growth further bolsters this narrative. , , . , . as reported, Krones' momentum appears well-anchored.

Insider Alignment: Confidence in Long-Term Value

Insider ownership in Krones is substantial, . The top two shareholders, Volker Kronseder and VMAX Familienstiftung, , aligning their interests closely with public shareholders. This concentration of ownership is further reinforced by recent transactions: in April 2025, an affiliated entity purchased 51,081 shares at €140.78 apiece, signaling continued confidence in the stock.

Notably, , a rare occurrence in volatile markets. This lack of selling pressure, , . Such alignment is critical for investors, .

Undervaluation and Credit Profile: A Case for Attractive Entry

Despite its strong fundamentals, . , . , as projected.

The company's credit profile also strengthens its appeal. , . according to financial reports. as confirmed, .

Conclusion: A Compelling Buy for Growth-Oriented Portfolios

Krones' combination of profitability, earnings momentum, . , . , particularly for investors seeking exposure to a high-margin industrial player with resilient demand.

With EPS growth forecasts of 11.26% and a valuation gap of 64.9%, . For a growth-oriented portfolio, .