ISIN:DE000KGX8881

EQS-News: Solid start in the financial year: KION increases revenue and earnings in the first quarter

Retrieved on: 
Freitag, Mai 3, 2024
KION Group, Supply, News, KION, Beauty salon

Solid start in the financial year: KION increases revenue and earnings in the first quarter (news with additional features)

Key Points: 
  • Solid start in the financial year: KION increases revenue and earnings in the first quarter (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • Solid start in the financial year: KION increases revenue and earnings in the first quarter
    Revenue up by 2.8 percent to € 2.859 billion (Q1 2023: € 2.781 billion)
    Adj.
  • "KION Group had a solid start in 2024 substantially improving profitability at Group level and in both segments in the first quarter," says Rob Smith, CEO of KION GROUP AG.
  • At € 111.0 million, consolidated net income in the first quarter of 2024 was significantly higher year-on-year (Q1 2023: € 73.5 million).

EQS-News: Strong financial year 2023: KION more than doubles adjusted EBIT and margin with outstanding free cash flow

Retrieved on: 
Mittwoch, März 13, 2024
ROCE, ITS, Supervisory board, Customer, Research, Climate, Investment, Construction, Targets, KION Group, Growth, Supply, Frankfurt, KION, Automation, AAA, MSCI, Science Based Targets initiative, Electricity, Annual, Science, SCS, Retail

The Industrial Trucks & Services segment again achieved a double-digit adjusted EBIT margin of 10.0 percent, corresponding to an adjusted EBIT of € 848.5 million (2022: € 420.5 million).

Key Points: 
  • The Industrial Trucks & Services segment again achieved a double-digit adjusted EBIT margin of 10.0 percent, corresponding to an adjusted EBIT of € 848.5 million (2022: € 420.5 million).
  • Following a loss in the previous financial year, the Supply Chain Solutions segment achieved a positive adjusted EBIT margin of
    1.5 percent with an adjusted EBIT of € 44.3 million (2022: € -45.6 million).
  • Free cash flow in 2024 will be in positive territory in line with the expected healthy financial performance but will be below the high free cash flow of the previous year.
  • Adjusted EBIT for ITS is expected to improve to between € 850 million and € 950 million with a double-digit adjusted EBIT margin.

EQS-News: KION mit starkem Geschäftsjahr 2023: EBIT bereinigt und Marge mehr als verdoppelt bei hervorragendem Free Cashflow

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Mittwoch, März 13, 2024
Kion Group, Free, Cashflow, News, Gruppe, Nachfrage, Segment, Industrial, Trucks, Umsatz, Prozent, HMS Supply, Chain, Minus, Anstieg, Ergebnis, Anteilseigner, Vorstand, Aufsichtsrat, Hauptversammlung, Dividende, Aktie, Markt, Rotary International, Analysis, Marktvolumen, Mitte, Bandbreite, Konzern, ITS, Verbesserung, Bereich, Momentum

EQS-News: KION Group launches fuel cell systems for industrial trucks

Retrieved on: 
Donnerstag, Dezember 14, 2023
Hydrogen, Risk, Electrolysis, Oxygen, KION Group, Food, KION, MDAX, Hygiene, Prospectus, Frankfurt, Automation, Water, Sustainability, Renewable energy, Electric battery, Video game

Frankfurt am Main, November 15, 2023 – The KION Group has launched its own fuel cell systems for its industrial trucks.

Key Points: 
  • Frankfurt am Main, November 15, 2023 – The KION Group has launched its own fuel cell systems for its industrial trucks.
  • Up to 5,000 fuel cell systems per year can be manufactured on the new production line at the Hamburg plant.
  • It means we can now offer our customers everything from a single source: the truck, the fuel cell systems, and the aftersales service.”
    Fuel cell technology offers many advantages.
  • The KION Group is among the world’s leading suppliers of industrial trucks and supply chain solutions.

EQS-News: KION Group delivers strong earnings and free cash flow in the first nine months of 2023 and raises outlook

Retrieved on: 
Donnerstag, Oktober 26, 2023
Consolidated, Adjustment, ITS, RTÉ Executive Board, Frankfurt, AAA, KION Group, TVS Supply Chain Solutions, EBIT, Supply, KION, ROCE, Video game, Cryptocurrency, Retail, Renewable energy, Fine chemical, Service, MSCI

“The significant upward trajectory of KION Group is once again underscored by these strong results for the first nine months of this year”, says Rob Smith, Chief Executive Officer of KION GROUP AG.

Key Points: 
  • “The significant upward trajectory of KION Group is once again underscored by these strong results for the first nine months of this year”, says Rob Smith, Chief Executive Officer of KION GROUP AG.
  • The Group generated free cash flow of €329.3 million (Q1–Q3 2022: € minus 971.9 million) during the reporting period.
  • In the third quarter of 2023, the KION Group once again significantly increased its earnings and margins compared with the corresponding quarter of 2022.
  • The outlook had originally been published on March 2, 2023 and was most recently updated in July 2023.

EQS-News: KION Group significantly improves earnings in Q3 2023: Outlook adjusted

Retrieved on: 
Dienstag, Oktober 17, 2023
MDAX, ITS, Automation, KION, SCS, Prospectus, EBIT, Service, KION Group, Risk, Beauty salon, Video game, Online shopping

Due to the continuing positive effects of the measures initiated, the full-year outlook for adjusted EBIT in the ITS segment has been raised again.

Key Points: 
  • Due to the continuing positive effects of the measures initiated, the full-year outlook for adjusted EBIT in the ITS segment has been raised again.
  • KION GROUP AG will announce the final results for the third quarter of 2023 on October 26, 2023.
  • The KION Group is among the world’s leading suppliers of industrial trucks and supply chain solutions.
  • The KION Group is also one of the world’s leading providers of warehouse automation (as measured by revenue in 2021).

EQS-News: KION Group closes recycling loop for lithium-ion batteries

Retrieved on: 
Dienstag, September 26, 2023
Plastic, KION, Partnership, Metal, Fenwick, KION Group, Aluminium, Fire, Risk, Recycling, Steel, Frankfurt, Chemistry, Karlstein am Main, Prospectus, Automation, Nickel, Puhl, Copper, Cobalt, NYSE, Lithium carbonate, Lithium, MDAX, Electric battery, Video game, EU

The KION Group produces its own lithium-ion batteries at the KION Battery Systems plant in Karlstein am Main.

Key Points: 
  • The KION Group produces its own lithium-ion batteries at the KION Battery Systems plant in Karlstein am Main.
  • The KION Group is among the world’s leading suppliers of industrial trucks and supply chain solutions.
  • The KION Group is also one of the world’s leading providers of warehouse automation (as measured by revenue in 2021).
  • Current KION Group images can be found in our image database at https://mediacenter.kiongroup.com/categories and on the websites of our various brand companies.