The German beverage filling and packaging technology firm scored 98 points out of a possible 100, with its listing based on a study conducted by GMI Ratings evaluating risks in connection with business management and balance sheet probity.
GMI analyzes 4,000+ companies listed on Western Europe’s stock exchanges against circa. 60 different criteria, and arrives at an Accounting and Governance Risk (AGR) rating.
Krones chairman, Volker Kronseder, said: “We are delighted to rank among Western Europe’s most trustworthy companies. This accolade confirms that Krones stands for sound, ethical business management.”