KION

KION Group and Quicktron agree strategic partnership

Wednesday, August 5, 2020 - 12:40pm

KION Group signs a distribution agreement and a memorandum of understanding on plans for joint development with the Chinese manufacturer, with the aim of expanding the offering of mobile automation solutions

Key Points: 
  • KION Group signs a distribution agreement and a memorandum of understanding on plans for joint development with the Chinese manufacturer, with the aim of expanding the offering of mobile automation solutions
    KION Group CEO Gordon Riske: "The collaboration with Quicktron is going to further strengthen our position in the market for automated trucks"
    FRANKFURT, Germany and XIAMEN, China, Aug. 5, 2020 /PRNewswire/ -- KION GROUP AG has entered a strategic partnership with Quicktron, a young Chinese manufacturer of autonomous mobile robots (AMR) based in Shanghai.
  • The leading intralogistics group also plans to acquire a minority stake of less than 10 percent in Quicktron.
  • "We are delighted to be forming this strategic partnership with Quicktron.
  • "Quicktron is a leading autonomous mobile robot manufacturer in China and has been growing steadily," noted Ching Pong Quek, KION GROUP AG Executive Board member and Chief Asia Pacific & Americas Officer.

DGAP-News: KION Group and Quicktron agree strategic partnership

Wednesday, August 5, 2020 - 8:04am

- KION Group signs a distribution agreement and a memorandum of understanding on plans for joint development with the Chinese manufacturer, with the aim of expanding the offering of mobile automation solutions

Key Points: 
  • - KION Group signs a distribution agreement and a memorandum of understanding on plans for joint development with the Chinese manufacturer, with the aim of expanding the offering of mobile automation solutions
    - KION Group CEO Gordon Riske: "The collaboration with Quicktron is going to further strengthen our position in the market for automated trucks"
    Frankfurt/Xiamen, August 5, 2020 - KION GROUP AG has entered a strategic partnership with Quicktron, a young Chinese manufacturer of autonomous mobile robots (AMR) based in Shanghai.
  • The leading intralogistics group also plans to acquire a minority stake of less than 10 percent in Quicktron.
  • "We are delighted to be forming this strategic partnership with Quicktron.
  • "Quicktron is a leading autonomous mobile robot manufacturer in China and has been growing steadily," notes Ching Pong Quek, KION GROUP AG Executive Board member and Chief Asia Pacific & Americas Officer.

DGAP-News: 132 trainees set to launch their careers at KION Group in 2020

Friday, July 31, 2020 - 10:02am

Within its brand companies Linde, STILL, and Dematic, as well as at KION Group IT, the KION Group employs almost 600 vocational and degree apprentices at nine locations in Germany, including the latest recruits.

Key Points: 
  • Within its brand companies Linde, STILL, and Dematic, as well as at KION Group IT, the KION Group employs almost 600 vocational and degree apprentices at nine locations in Germany, including the latest recruits.
  • "The large number of applicants shows that our innovative products and growth areas make the KION Group an attractive employer for young people," says Anke Groth, Labor Relations Director and Chief Financial Officer of KION GROUP AG.
  • As they begin their training with the KION Group companies at the start of August or September, the new apprentices will be laying the foundation for their future careers.
  • KION Group IT, Linde, and STILL are organizing 'Welcome Days' and induction weeks to help the new starters settle in.

DGAP-News: KION Group records strong order intake in the first half of 2020 thanks to e-commerce boom

Thursday, July 30, 2020 - 6:00am

This was reflected in the significant decrease in order intake in the global market for industrial trucks.

Key Points: 
  • This was reflected in the significant decrease in order intake in the global market for industrial trucks.
  • The KION Group therefore expects that order intake, revenue, and adjusted EBIT for 2020 will be down significantly year on year in the Industrial Trucks & Services segment.
  • Given the currently very encouraging level of orders in the Supply Chain Solutions segment, its order intake in 2020 is likely to be substantially higher than in 2019.
  • KION Group key performance indicators for the first half-year of 2020 and for the second quarter, which ended June 30, 2020

DGAP-News: KION GROUP AG Virtual Annual General Meeting: Seizing opportunities during the coronavirus crisis

Thursday, July 16, 2020 - 4:05pm

KION GROUP AG Virtual Annual General Meeting: Seizing opportunities during the coronavirus crisis (news with additional features)

Key Points: 
  • KION GROUP AG Virtual Annual General Meeting: Seizing opportunities during the coronavirus crisis (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • KION GROUP AG Virtual Annual General Meeting:
    - At its Annual General Meeting (AGM), KION Group reviews a strategically and operationally successful fiscal year 2019;
    - Recently released preliminary figures for Q2 2020 substantiate the robustness of the corporate strategy;
    - Majority of shareholders accept all proposals from the Supervisory Board and Executive Board.
  • Frankfurt/Main, July 16, 2020 - An AGM as a purely online format, lacking the physical presence of shareholders: score another 'first' for KION GROUP AG.
  • In his address, the CEO underscored the important role played by the KION Group in maintaining the flow of necessary goods to the public.

DGAP-News: Supply Chain Solutions generate strong boost in orders for the KION Group in the second quarter 2020

Monday, July 13, 2020 - 2:05pm

The Supply Chain Solutions (SCS) segment, which specializes in automation solutions, saw accelerated growth as its continuing strong market position enabled it to benefit significantly from the currently booming market.

Key Points: 
  • The Supply Chain Solutions (SCS) segment, which specializes in automation solutions, saw accelerated growth as its continuing strong market position enabled it to benefit significantly from the currently booming market.
  • The value of order intake for the KION Group rose by over 11 percent to around 2.3 billion in the second quarter of 2020 (Q2 2019: 2.079 billion).
  • The market for automated supply chain solutions remained intact in nearly all important customer industries and is continuing to grow.
  • seq.,
    The KION Group is one of the world's leading intralogistics providers for supply chain solutions.

DGAP-News: KION Group has additional liquidity at its disposal

Friday, May 22, 2020 - 4:03pm

Frankfurt, May 22, 2020 - The KION Group is taking another precautionary measure to maintain its financial strength and flexibility during the coronavirus crisis.

Key Points: 
  • Frankfurt, May 22, 2020 - The KION Group is taking another precautionary measure to maintain its financial strength and flexibility during the coronavirus crisis.
  • The Group has reached agreement with its core group of banks on the provision of a syndicated liquidity line (SLL) with Kreditanstalt fr Wiederaufbau (KfW) taking a leading role.
  • With this additional syndicated credit facility, the KION Group believes it is in a very robust position to weather the current crisis.
  • The KION Group will repay any parts of the loan that it draws down, including interest and fees, as quickly as possible.

DGAP-News: KION GROUP AG: Jonathan Dawley appointed President & CEO of KION North America

Monday, May 18, 2020 - 3:06pm

- Executive Board member CP Quek: "Excellent opportunities for continuing to unlock potential in the region"

Key Points: 
  • - Executive Board member CP Quek: "Excellent opportunities for continuing to unlock potential in the region"
    Frankfurt/Main, May 18, 2020 - Jonathan M. Dawley takes over as President & CEO of KION North America on May 18, 2020.
  • Jonathan Dawley joins the KION Group from Putzmeister Holding GmbH, a subsidiary of Sany Heavy Industry Corporation, where he was head of the Americas region for over two years.
  • "With his addition to our experienced team at KION North America, we are well equipped to unlock the region's potential even further.
  • I am delighted that Jonathan will be bringing his extensive expertise to the KION Group and wish him every success with developing our Industrial Trucks & Services business in North America."

DGAP-News: KION Group makes a solid start to a year of huge challenges

Tuesday, April 28, 2020 - 6:03am

The order book was almost unchanged, ending the quarter at 3.629 billion compared with 3.632 billion as at December 31, 2019.

Key Points: 
  • The order book was almost unchanged, ending the quarter at 3.629 billion compared with 3.632 billion as at December 31, 2019.
  • This decline in earnings was driven primarily by the growing impact of the global spread of the coronavirus pandemic.
  • "The KION Group is playing a critical role in maintaining supplies to the general public during the current pandemic," said Gordon Riske, Chief Executive Officer of KION GROUP AG.
  • At the end of the first quarter of 2020, the KION Group continued to have significant headroom in respect to its current financing.

Neurohacker Offers Consumers Investment Opportunity Through Crowdfunding Campaign

Thursday, March 28, 2019 - 1:15pm

Launching today, Neurohacker Collective's Wefunder campaign will offer consumers the opportunity to invest in the thriving company and help fund its new nootropic liquid shot, along with new supplement formulations that will target sleep and anxiety, and development initiatives including the expansion to offline retailers and a double-blind clinical research trial.

Key Points: 
  • Launching today, Neurohacker Collective's Wefunder campaign will offer consumers the opportunity to invest in the thriving company and help fund its new nootropic liquid shot, along with new supplement formulations that will target sleep and anxiety, and development initiatives including the expansion to offline retailers and a double-blind clinical research trial.
  • Ben Greenfield, CEO of KION, Triathlete, New York Times Best Selling Author, is among one of its trusted brand advocates.
  • As someone seeking to optimize his health, he states, "Neurohacker Collective is that rare organization in the supplement and wellness space that I can wholeheartedly endorse.
  • I'm an investor in Neurohacker Collective because their formulation expertise sets the bar for what natural health solutions can achieve.