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Kion Group AG (KGX.DE)

KGX.DE on Xetra

42.67EUR
23 Aug 2019
Change (% chg)

€-0.13 (-0.30%)
Prev Close
€42.80
Open
€43.06
Day's High
€43.76
Day's Low
€42.59
Volume
257,292
Avg. Vol
277,792
52-wk High
€61.88
52-wk Low
€40.29

Latest Key Developments (Source: Significant Developments)

Kion Establishes New Industrial Truck Factory In Poland
Monday, 19 Aug 2019 

Aug 19 (Reuters) - KION GROUP AG ::ESTABLISHES NEW INDUSTRIAL TRUCK FACTORY IN POLAND.CONSTRUCTION TO START IN FALL 2019.OVER 150 NEW JOBS TO BE CREATED.CAPITAL EXPENDITURE OF AROUND EUR 60 MILLION PLANNED FOR NEW FACILITY IN KOŁBASKOWO.CREATING MORE THAN 150 JOBS AT SITE BY 2023.SITE SET TO COME ON STREAM IN EARLY 2021.  Full Article

Kion Confirms 2019 Outlook, Sees Industrial Truck Market Expanding
Thursday, 25 Jul 2019 

July 25 (Reuters) - Kion Group AG ::Q2 ORDER INTAKE 2.079 BILLION EUR.Q2 ADJUSTED EBIT 225.2 MILLION EUR.KION Q2 NET INCOME 125.2 MILLION EUR.Q2 ADJUSTED EBIT 205.95 MILLION EUR.SAYS OUTLOOK FOR 2019 CONFIRMED.SAYS BOTTLENECKS AT SUPPLIERS RESOLVED.UNIT SALES OF INDUSTRIAL TRUCKS WEAK IN H1 SO DOUBTS AS TO WHETHER STILL POSSIBLE TO ACHIEVE GROWTH RATE CLOSE TO LONG-TERM TREND OF AROUND 4% FOR YEAR AS WHOLE, AS ORIGINALLY EXPECTED.THIS WILL DEPEND PARTLY ON WHAT HAPPENS NEXT IN TRADE TALKS, ESPECIALLY BETWEEN U.S. AND CHINA.OVERALL MARKET FOR INDUSTRIAL TRUCKS AND WAREHOUSE SYSTEMS LIKELY TO EXPAND AGAIN IN 2019, AS FORECAST.FOLLOWING RISES IN H1, REVENUE AND ADJUSTED EBIT EXPECTED TO INCREASE OVER YEAR AS A WHOLE.  Full Article

Kion Group Reaffirms Medium-Term Targets At AGM
Thursday, 9 May 2019 

May 9 (Reuters) - Kion Group AG ::DGAP-NEWS: KION GROUP AG: KION GROUP INCREASES DIVIDEND AND REMAINS ON TRACK FOR SUCCESS THANKS TO ITS KION 2027 STRATEGY.DIVIDEND SET AT EUR1.20 PER SHARE, AN INCREASE OF 21 PERCENT COMPARED WITH PREVIOUS YEAR.AIMING TO GENERATE REVENUE OF EUR10 BILLION IN 2022.MICHAEL MACHT ELECTED AS NEW CHAIRMAN OF SUPERVISORY BOARD OF KION GROUP AG.WE REAFFIRM - OUR MEDIUM-TERM TARGET OF ACHIEVING DOUBLE-DIGIT ADJUSTED EBIT MARGINS BETWEEN 10 AND 12 PERCENT.  Full Article

Kion Group Says Net Income Up 36.1 Pct In Q1
Thursday, 25 Apr 2019 

April 25 (Reuters) - Kion Group AG ::Q1 ADJUSTED EBIT UP 15.5 PERCENT TO 182.4 MILLION EUR.Q1 REVNEUES UP 13 PERCENT TO 2.083 BILLION EUR.Q1 ADJUSTED EBIT MARGIN AT 8.8 PERCENT FROM 8.6 PERCENT.2019 OUTLOOK CONFIRMED.Q1 CASH FLOW OF 82 MILLION EURO.Q1 NET INCOME UP 36.1 PERCENT TO 93.1 MILLION EUR.Q1 ORDER BOOK EXPANDS SLIGHTLY, FROM 3.3 BILLION EUR AT THE END OF 2018 TO 3.4 BILLION EUR.TOTAL VALUE OF ORDER INTAKE AMOUNTS TO 2.118 BILLION EUR, GROWTH RATE OF 12.4 PERCENT.  Full Article

Kion Group: John Feldmann To Step Down As Chairman Of Supervisory Board
Friday, 8 Feb 2019 

Feb 8 (Reuters) - KION GROUP AG ::JOHN FELDMANN TO STEP DOWN AS CHAIRMAN OF THE SUPERVISORY BOARD OF KION GROUP AG ON MAY 9, 2019.MICHAEL MACHT TO BE NEW SUPERVISORY BOARD CHAIRMAN.FELDMANN TO RESIGN AT CONCLUSION OF 2019 ANNUAL GENERAL MEETING.  Full Article

Kion Names Finance Chief At Linde Material Handling
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Kion Group AG ::DGAP-NEWS: KION GROUP AG: CHRISTIAN HARM APPOINTED MEMBER OF THE MANAGEMENT BOARD OF LINDE MATERIAL HANDLING.AS MEMBER OF MANAGEMENT BOARD, HE WILL BE RESPONSIBLE FOR FINANCE, WHICH HAS RECENTLY BEEN MANAGED BY CHAIRMAN OF MANAGEMENT BOARD ANDREAS KRINNINGER.  Full Article

Kion Affirms 2018 Guidance After Q2 Profit Drop
Thursday, 26 Jul 2018 

July 26 (Reuters) - Kion Group AG ::SAYS CONFIRMS POSITIVE TREND WITH A SHARP RISE IN ORDERS.OUTLOOK FOR 2018 CONFIRMED.Q2 ORDER INTAKE 2.424 BILLION EUROS.Q2 ADJ EBIT 187.0 MILLION EUROS.Q2 NET INCOME 79.3 MILLION EUROS.  Full Article

Kion Group Says Anke Groth Appointed CFO
Tuesday, 27 Mar 2018 

March 27 (Reuters) - KION GROUP AG ::ANKE GROTH TO BE THE NEW CFO AT KION GROUP AG.HAS APPOINTED ANKE GROTH AS A MEMBER OF EXECUTIVE BOARD FOR A TERM OF FIVE YEARS STARTING JUNE 1, 2018.‍SHE SUCCEEDS THOMAS TOEPFER, WHO IS LEAVING COMPANY ON MARCH 31, 2018 AT HIS OWN REQUEST TO BECOME CFO AT COVESTRO​.  Full Article

Kion CEO Says Sees Market Consolidation Continuing
Thursday, 1 Mar 2018 

March 1 (Reuters) - Kion CEO at news conference::SAYS M&A FOCUSED ON ENERGY, DIGITAL, AUTOMATION.SAYS CURRENTLY NO PLANS FOR LARGER ACQUISITIONS, MUST FIRST DIGEST DEMATIC.SAYS, COMMENTING ON CHINESE SHAREHOLDER WEICHAI, WE TRUST EACH OTHER, HAVE GOOD RELATIONSHIP.SAYS CONSOLIDATION TO CONTINUE, THERE ARE FAMILY-OWNED BUSINESSES CONSIDERING SUCCESSION.  Full Article

Kion says CFO Thomas Toepfer to leave for Covestro
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Kion Group AG says :KION GROUP CFO THOMAS TOEPFER TO JOIN COVESTRO AS OF APRIL 1, 2018.  Full Article