Upbeat results put Krones on track to hit financial targets

Its order bookings also rose, by 17.8%, and orders at hand on 30 June were 12.7% higher than at the same time last year.

The German company said there was still scope for expansion in established markets as well as in up-and-coming regions, such as Russia, Latin America and China, where increased demand meant breweries and bottling plants were likely to invest "above-average sums" in their production lines.

Krones also said the trend for beverages to be bottled increasingly in PET containers "continued unbroken" in the first half of 2007.

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