KION GROUP AG · ISIN: DE000KGX8881 · EQS - Company News

KION significantly increases profitability in the first half of 2024 driven by improvements in both operating segments

KION significantly increases profitability in the first half of 2024 driven by improvements in both operating segments Revenue up by 2 percent to € 5.736 billion (H1 2023: € 5.617 billion) Adj. EBIT improves 28 percent to € 447 million (H1 2023: € 348 million) Adj. EBIT margin of 7.8 percent (H1 2023: 6.2 percent) Free cash flow of € 202 million (H1 2023: € 229 million) Outlook for 2024 confirmed with narrowed bandwidths Frankfurt am Main, July 31st, 2024 – The KION Group continued to deli...

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31 July 2024 06:53AM
KION significantly increases profitability in the first half of 2024 driven by improvements in both operating segments
KION significantly increases profitability in the first half of 2024 driven by improvements in both operating segments Revenue up by 2 percent to € 5.736 billion (H1 2023: € 5.617 billion) Adj. EBIT improves 28 percent to € 447 million (H1 2023: € 348 million) Adj. EBIT margin of 7.8 percent (H1 2023: 6.2 percent) Free cash flow of € 202 milli...
KION GROUP AG
10 July 2024 12:44PM
Consolidated net income for Q2/2024 expected below market expectations
Disclosure of Inside Information pursuant to Article 17 of Regulation (EU) No. 596/2014 Keywords: Quarterly/Interim Reporting, Preliminary Results KION GROUP AG Thea-Rasche-Straße 8 60549 Frankfurt am Main ISIN DE000KGX8881Consolidated net income for Q2/2024 expected below market expectations Frankfurt/Main, 10 July 2024 Due to a goodwill impairmen...
KION GROUP AG
02 May 2024 02:32PM
Supervisory Board Extends CEO Rob Smith’s Contract, Reinforcing KION Group’s Profitable Growth Path
Supervisory Board Extends CEO Rob Smith’s Contract, Reinforcing KION Group’s Profitable Growth Path Contract extended by five years until end of 2029 Hans Peter Ring, Chairman of the Supervisory Board: “Under Rob Smith’s proven leadership we will open the next chapter of the success story of KION.” Frankfurt am Main, May 2, 2024 – The Supervisor...
KION GROUP AG
29 February 2024 06:51AM
KION more than doubles adjusted EBIT and margin with outstanding free cash flow
Strong financial year 2023: KION more than doubles adjusted EBIT and margin with outstanding free cash flow Record level revenue of € 11.434 billion (2022: € 11.136 billion) Adj. EBIT more than doubled to € 790.5 million (2022: € 292.4 million) Adj. EBIT margin of 6.9 percent (2022: 2.6 percent) Outstanding free cash flow of € 715.2 million (2...
KION GROUP AG
15 February 2024 02:30PM
Net income of the KION Group and adj. EBIT for the SCS segment in Q4 2023 and in the FY 2023 below market expectations; free cash flow of the KION Group for the FY 2023 exceeds market expectations
DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014 Keywords: Preliminary Results, Quarter Results KION GROUP AG Thea-Rasche-Straße 8 60549 Frankfurt am Main ISIN DE000KGX8881 Net income of the KION Group and adjusted EBIT for the SCS segment in the fourth quarter of 2023 and in the financial year 2023 below m...
KION GROUP AG
15 November 2023 10:39AM
KION Group launches fuel cell systems for industrial trucks
KION Group launches fuel cell systems for industrial trucks New 24-volt fuel cell system for warehouse trucks 48-volt system for other warehouse trucks and forklifts to follow Valeria Gargiulo, CPSO: “Zero-emission, sustainable drive system with fast refueling.”   Frankfurt am Main, November 15, 2023 – The KION Group has launched its own fuel ...
KION GROUP AG
26 October 2023 06:55AM
KION Group delivers strong earnings and free cash flow in the first nine months of 2023 and raises outlook
KION Group delivers strong earnings and free cash flow in the first nine months of 2023 and raises outlook Revenue at €8.347 billion (Q1–Q3 2022: €8.243 billion) Adjusted EBIT more than doubles to €571.9 million (Q1–Q3 2022: €210.6 million) Adjusted EBIT margin at 6.9 percent (Q1–Q3 2022: 2.6 percent) Strong free cash flow at €329.3 million (Q...
KION GROUP AG
13 October 2023 04:55PM
Outlook adjusted
KION Group significantly improves earnings in Q3 2023: Outlook adjusted Adjusted EBIT of Group in Q3 2023 significantly better than expected ITS segment reports significantly better-than-expected performance in Q3 2023 KION Group adjusts outlook for fiscal year 2023   Frankfurt am Main, October 13, 2023 – The KION Group will continue to increa...
KION GROUP AG
13 October 2023 04:22PM
Adjusted EBIT in the third quarter of 2023 significantly better than expected at Group level due to ITS segment; Full Year 2023 outlook adjusted
DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014   Keywords: Outlook, Quarterly Financials KION GROUP AG Thea-Rasche-Straße 8 60549 Frankfurt am Main ISIN DE000KGX8881   Adjusted EBIT in the third quarter of 2023 significantly better than expected at Group level due to a significantly stronger third qu...
KION GROUP AG
26 September 2023 02:13PM
KION Group closes recycling loop for lithium-ion batteries
KION Group closes recycling loop for lithium-ion batteries Intralogistics Group’s batteries now being recycled by strategic partner Li-Cycle in Magdeburg, Germany Sustainable process recovers up to 95 percent of the battery’s valuable minerals and materials KION Group CTO Henry Puhl: “We are helping to drive forward the transition to a low-carb...
KION GROUP AG
27 July 2023 07:00AM
KION Group increases profitability in the first half of the year and raises guidance
KION Group increases profitability in the first half of the year and raises guidance Result driven by strong performance in the ITS segment Revenue rises to €5.617 billion (H1 2022: €5.537 billion) Adjusted EBIT at €348.3 million (H1 2022: €311.7 million) Adjusted EBIT margin improves to 6.2 percent (H1 2022: 5.6 percent) Free cash flow i...
KION GROUP AG
27 July 2023 07:00AM
KION Group increases profitability in the first half of the year and raises guidance
KION Group increases profitability in the first half of the year and raises guidance Result driven by strong performance in the ITS segment Revenue rises to €5.617 billion (H1 2022: €5.537 billion) Adjusted EBIT at €348.3 million (H1 2022: €311.7 million) Adjusted EBIT margin improves to 6.2 percent (H1 2022: 5.6 percent) Free cash flow i...
KION GROUP AG
06 July 2023 06:52PM
Change of the Chief Financial Officer
DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014 KION GROUP AG Thea-Rasche-Straße 8 60549 Frankfurt am Main ISIN DE000KGX8881 Change of the Chief Financial Officer The Chief Financial Officer of KION GROUP AG, Marcus Wassenberg, has left the company with immediate effect. The Supervisory Board of KION GROUP...
KION GROUP AG
06 July 2023 06:52PM
KION GROUP AG: Change of the Chief Financial Officer
DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014 KION GROUP AG Thea-Rasche-Straße 8 60549 Frankfurt am Main ISIN DE000KGX8881 Change of the Chief Financial Officer The Chief Financial Officer of KION GROUP AG, Marcus Wassenberg, has left the company with immediate effect. The Supervisory Board of KION GROUP...
KION GROUP AG
06 July 2023 06:52PM
KION announces Christian Harm as new Chief Financial Officer (CFO) – Marcus Wassenberg leaves the company
KION announces Christian Harm as new Chief Financial Officer (CFO) – Marcus Wassenberg leaves the company Christian Harm takes over as Chief Financial Officer (CFO) of KION GROUP AG with immediate effect Marcus Wassenberg leaves the company at his own request Frankfurt/Main, July 6, 2023 – The Supervisory Board of KION GROUP AG has appointed Ch...
KION GROUP AG
06 July 2023 06:52PM
KION announces Christian Harm as new Chief Financial Officer (CFO) – Marcus Wassenberg leaves the company
KION announces Christian Harm as new Chief Financial Officer (CFO) – Marcus Wassenberg leaves the company Christian Harm takes over as Chief Financial Officer (CFO) of KION GROUP AG with immediate effect Marcus Wassenberg leaves the company at his own request Frankfurt/Main, July 6, 2023 – The Supervisory Board of KION GROUP AG has appointed Ch...
KION GROUP AG
06 July 2023 11:04AM
KION commits to net zero and to the Science Based Targets initiative
KION commits to net zero and to the Science Based Targets initiative Strategic sustainability goal of net zero before 2050 KION commits to the Science Based Targets initiative (SBTi) Short-term and long-term targets to be validated by SBTi until 2024  Frankfurt/Main, July 6, 2023 – KION GROUP AG commits to the Science Based Targets initiative ...
KION GROUP AG
06 July 2023 11:04AM
KION commits to net zero and to the Science Based Targets initiative
KION commits to net zero and to the Science Based Targets initiative Strategic sustainability goal of net zero before 2050 KION commits to the Science Based Targets initiative (SBTi) Short-term and long-term targets to be validated by SBTi until 2024  Frankfurt/Main, July 6, 2023 – KION GROUP AG commits to the Science Based Targets initiative ...
KION GROUP AG
17 May 2023 03:18PM
KION Group CEO Rob Smith: 'We are following a clear roadmap to grow profitably and look to the future with confidence.'
"We are following a clear roadmap to grow profitably and look to the future with confidence." Annual General Meeting of KION GROUP AG at the Palmengarten in Frankfurt am Main recaps 2022 financial year Farewell to Supervisory Board Chairman Dr. Michael Macht, Hans Peter Ring elected as successor after the AGM Dr. Nicolas Peter assumes Chairmansh...
KION GROUP AG
17 May 2023 03:18PM
'We are following a clear roadmap to grow profitably and look to the future with confidence.'
"We are following a clear roadmap to grow profitably and look to the future with confidence." Annual General Meeting of KION GROUP AG at the Palmengarten in Frankfurt am Main recaps 2022 financial year Farewell to Supervisory Board Chairman Dr. Michael Macht, Hans Peter Ring elected as successor after the AGM Dr. Nicolas Peter assumes Chairmansh...
KION GROUP AG
11 May 2023 11:24AM
KION Group Donates over Half a Million Euros to the German Red Cross for the Earthquake Victims in Türkiye and Syria
KION Group Donates over Half a Million Euros to the German Red Cross for the Earthquake Victims in Türkiye and Syria Intralogistics group supports the German Red Cross’ efforts in the earthquake area Employees donate more than €280,000 to the German Red Cross, the KION Executive Board doubles the sum Paid time off for KION Group employees who w...
KION GROUP AG
11 May 2023 11:24AM
KION Group Donates over Half a Million Euros to the German Red Cross for the Earthquake Victims in Türkiye and Syria
KION Group Donates over Half a Million Euros to the German Red Cross for the Earthquake Victims in Türkiye and Syria Intralogistics group supports the German Red Cross’ efforts in the earthquake area Employees donate more than €280,000 to the German Red Cross, the KION Executive Board doubles the sum Paid time off for KION Group employees who w...
KION GROUP AG
27 April 2023 06:56AM
KION Group with strong start to 2023
KION Group with strong start to 2023 Revenue up 1.7 percent to €2.8 billion (Q1 2022: €2.7 billion) Adjusted EBIT of €156.0 million (Q1 2022: €170.3 million) 5.6 percent adjusted EBIT margin (Q1 2022: 6.2 percent) Significantly positive free cash flow of €104.9 million (Q1 2022: minus €432.6 million) Upgraded 2023 outlook for Industrial Tru...
KION GROUP AG
27 April 2023 06:56AM
KION Group with strong start to 2023
KION Group with strong start to 2023 Revenue up 1.7 percent to €2.8 billion (Q1 2022: €2.7 billion) Adjusted EBIT of €156.0 million (Q1 2022: €170.3 million) 5.6 percent adjusted EBIT margin (Q1 2022: 6.2 percent) Significantly positive free cash flow of €104.9 million (Q1 2022: minus €432.6 million) Upgraded 2023 outlook for Industrial Tru...
KION GROUP AG
19 April 2023 03:11PM
KION Group off to a strong start in fiscal year 2023
KION Group off to a strong start in fiscal year 2023 Business development in the ITS segment in the first quarter significantly better than expected KION Group therefore raises its 2023 outlook Adjusted Group EBIT in the first quarter is expected to amount to €156 million (previous year: €170.3 million) Significantly positive free cash flow...
KION GROUP AG
19 April 2023 03:11PM
KION Group off to a strong start in fiscal year 2023
KION Group off to a strong start in fiscal year 2023 Business development in the ITS segment in the first quarter significantly better than expected KION Group therefore raises its 2023 outlook Adjusted Group EBIT in the first quarter is expected to amount to €156 million (previous year: €170.3 million) Significantly positive free cash flow...
KION GROUP AG
19 April 2023 03:10PM
KION GROUP AG: Adjusted EBIT and free cash flow at Group level in Q1 2023 better than expected due to strong ITS segment; order volume in SCS segment below market expectations; outlook 2023 increased
For the first quarter of 2023, based on preliminary results, the Executive Board of KION GROUP AG expects adjusted EBIT to be €156 million (previous year: €170.3 million) at Group level, which is significantly above market expectations (Vara Research consensus as of April 16, 2023: €118 million; average of estimates from 13 financial analysts). Thi...
KION GROUP AG
19 April 2023 03:10PM
Adjusted EBIT and free cash flow at Group level in Q1 2023 better than expected due to strong ITS segment; order volume in SCS segment below market expectations; outlook 2023 increased
For the first quarter of 2023, based on preliminary results, the Executive Board of KION GROUP AG expects adjusted EBIT to be €156 million (previous year: €170.3 million) at Group level, which is significantly above market expectations (Vara Research consensus as of April 16, 2023: €118 million; average of estimates from 13 financial analysts). Thi...
KION GROUP AG
27 March 2023 12:00PM
KION Group and Li-Cycle Agree to Form Strategic Battery Recycling Partnership Focused on Circular Economy
KION Group and Li-Cycle Agree to Form Strategic Battery Recycling Partnership Focused on Circular Economy KION Group signs agreement with Li-Cycle, an industry leader in lithium-ion battery resource recovery Up to an overall 95 percent recycling efficiency rate in an environmentally friendly process KION Group CTO Henry Puhl: “The collaborati...
KION GROUP AG
27 March 2023 12:00PM
KION Group and Li-Cycle Agree to Form Strategic Battery Recycling Partnership Focused on Circular Economy
KION Group and Li-Cycle Agree to Form Strategic Battery Recycling Partnership Focused on Circular Economy KION Group signs agreement with Li-Cycle, an industry leader in lithium-ion battery resource recovery Up to an overall 95 percent recycling efficiency rate in an environmentally friendly process KION Group CTO Henry Puhl: “The collaborati...
KION GROUP AG
23 March 2023 03:30PM
KION Group Annual General Meeting provides the setting for key long-term appointments to governing bodies
KION Group Annual General Meeting provides the setting for key long-term appointments to governing bodies Hans Peter Ring set to become the new chairman of the Supervisory Board of KION GROUP AG after the Annual General Meeting on May 17. Dr. Michael Macht to focus on mandates outside the KION Group Supervisory Board proposes that the Annual Ge...
KION GROUP AG
23 March 2023 03:30PM
KION Group Annual General Meeting provides the setting for key long-term appointments to governing bodies
KION Group Annual General Meeting provides the setting for key long-term appointments to governing bodies Hans Peter Ring set to become the new chairman of the Supervisory Board of KION GROUP AG after the Annual General Meeting on May 17. Dr. Michael Macht to focus on mandates outside the KION Group Supervisory Board proposes that the Annual Ge...
KION GROUP AG
02 March 2023 06:57AM
KION Group Achieves High Order Intake and Increase in Revenue in 2022, Significant Decline in Earnings
KION Group Achieves High Order Intake and Increase in Revenue in 2022, Significant Decline in Earnings Order intake of €11.708 billion despite dampening demand (previous year: €12.482 billion) Supply chain disruptions coupled with increased costs for materials, energy, and logistics negatively impacted the key financial figures Revenue up by 8....
KION GROUP AG
02 March 2023 06:57AM
KION Group Achieves High Order Intake and Increase in Revenue in 2022, Significant Decline in Earnings
KION Group Achieves High Order Intake and Increase in Revenue in 2022, Significant Decline in Earnings Order intake of €11.708 billion despite dampening demand (previous year: €12.482 billion) Supply chain disruptions coupled with increased costs for materials, energy, and logistics negatively impacted the key financial figures Revenue up by 8....
KION GROUP AG
22 February 2023 11:06AM
KION Group building a new highly automated Spare Parts Distribution Center in Germany
KION Group building a new highly automated Spare Parts Distribution Center in Germany   New highly automated distribution center will provide for even better and faster spare parts supplies to its customers Total investment of around EUR 60 million KION subsidiaries Dematic and Linde Material Handling are providing the latest warehouse techno...
KION GROUP AG
22 February 2023 11:06AM
KION Group building a new highly automated Spare Parts Distribution Center in Germany
KION Group building a new highly automated Spare Parts Distribution Center in Germany   New highly automated distribution center will provide for even better and faster spare parts supplies to its customers Total investment of around EUR 60 million KION subsidiaries Dematic and Linde Material Handling are providing the latest warehouse techno...
KION GROUP AG
11 January 2023 11:46AM
KION Group To Develop and Produce Its Own Fuel Cell Systems for Industrial Trucks
KION Group To Develop and Produce Its Own Fuel Cell Systems for Industrial Trucks Intralogistics group begins production of hydrogen propulsion systems KION Group plans to invest more than €11 million in this technology Launch of a 24 V fuel cell system planned for Spring 2023, with other systems to follow Advantages over other energy sources:...
KION GROUP AG
28 November 2022 02:14PM
KION Group Plans Expansion of Production at Reutlingen Site
KION Group Plans Expansion of Production at Reutlingen Site Plan to increase production by up to 60 percent KION Warehouse Systems (KWS) company premises to be expanded by at least 2600 square meters New build on the south side of the plant in close cooperation with political bodies and in compliance with nature conservation legislation Clear ...
KION GROUP AG
28 November 2022 02:14PM
KION Group Plans Expansion of Production at Reutlingen Site
KION Group Plans Expansion of Production at Reutlingen Site Plan to increase production by up to 60 percent KION Warehouse Systems (KWS) company premises to be expanded by at least 2600 square meters New build on the south side of the plant in close cooperation with political bodies and in compliance with nature conservation legislation Clear ...
KION GROUP AG
27 October 2022 06:56AM
KION Group Results for First Nine Months of 2022 Impacted by Sharp Increase in Project Business Costs in Third Quarter
KION Group Results for First Nine Months of 2022 Impacted by Sharp Increase in Project Business Costs in Third Quarter KION Group’s third-quarter adjusted EBIT for 2022 at the higher end of the expected range communicated in September Q1–Q3 2022 order intake at €9.172 billion above previous year (+2.0%) – considerable order deferrals by customer...
KION GROUP AG
27 October 2022 06:56AM
KION Group Results for First Nine Months of 2022 Impacted by Sharp Increase in Project Business Costs in Third Quarter
KION Group Results for First Nine Months of 2022 Impacted by Sharp Increase in Project Business Costs in Third Quarter KION Group’s third-quarter adjusted EBIT for 2022 at the higher end of the expected range communicated in September Q1–Q3 2022 order intake at €9.172 billion above previous year (+2.0%) – considerable order deferrals by customer...
KION GROUP AG
20 October 2022 01:22PM
KION Group appoints new Chief Financial Officer and Chief People and Sustainability Officer
KION Group appoints new Chief Financial Officer and Chief People and Sustainability Officer Marcus A. Wassenberg appointed Chief Financial Officer of the Group Valeria Gargiulo to assume newly created role of Chief People and Sustainability Officer Chairman of the Supervisory Board Michael Macht: “The additions to the Executive Board underlin...
KION GROUP AG
20 October 2022 01:22PM
KION Group appoints new Chief Financial Officer and Chief People and Sustainability Officer
KION Group appoints new Chief Financial Officer and Chief People and Sustainability Officer Marcus A. Wassenberg appointed Chief Financial Officer of the Group Valeria Gargiulo to assume newly created role of Chief People and Sustainability Officer Chairman of the Supervisory Board Michael Macht: “The additions to the Executive Board underlin...
KION GROUP AG
13 September 2022 08:04PM
KION Group expects negative third quarter results due to cost increases in project business
KION Group expects negative third quarter results due to cost increases in project business Disrupted supply chains and significantly higher cost increases negatively impacting adjusted EBIT and free cash flow Low triple digit million EUR loss expected for Q3 2022 Order intake is expected to be significantly below strong Q3 2021 and consolidate...
KION GROUP AG
13 September 2022 08:04PM
KION Group expects negative third quarter results due to cost increases in project business
KION Group expects negative third quarter results due to cost increases in project business Disrupted supply chains and significantly higher cost increases negatively impacting adjusted EBIT and free cash flow Low triple digit million EUR loss expected for Q3 2022 Order intake is expected to be significantly below strong Q3 2021 and consolidate...
KION GROUP AG
13 September 2022 08:03PM
KION GROUP AG: KION Group expects a loss in the third quarter 2022; KION Group provides new outlook for 2022
DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014   Keywords: Profit Warning, Guidance KION GROUP AG Thea-Rasche-Straße 8 60549 Frankfurt am Main ISIN DE000KGX8881 KION GROUP AG: KION Group expects a low triple digit million EUR loss in the third quarter 2022 on KION Group level and in its Supply Chain S...
KION GROUP AG
13 September 2022 08:03PM
KION Group expects a loss in the third quarter 2022; KION Group provides new outlook for 2022
DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014   Keywords: Profit Warning, Guidance KION GROUP AG Thea-Rasche-Straße 8 60549 Frankfurt am Main ISIN DE000KGX8881 KION GROUP AG: KION Group expects a low triple digit million EUR loss in the third quarter 2022 on KION Group level and in its Supply Chain S...
KION GROUP AG
31 August 2022 12:02PM
125 Young People Embark on Careers with the KION Group
125 Young People Embark on Careers with the KION Group This year the intralogistics Group is offering career prospects in its 19 apprenticeships and 13 dual study programs Around 500 young people, including new starters, are currently undergoing training with German companies within the KION Group The early stages of the 2022 training program ...
KION GROUP AG
More KION GROUP AG related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 6 8th September 2023 Gargiulo, Valeria Jimena DD
Short Seller (DE) 12 13th August 2024 Marshall Wace LLP SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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