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Kion Group AG (KGX.DE)

KGX.DE on Xetra

59.42EUR
11 Nov 2019
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Latest Key Developments (Source: Significant Developments)

KION And BMZ To Launch Joint Venture For Lithium-Ion Batteries
Thursday, 11 Jul 2019 

July 11 (Reuters) - KION GROUP AG ::KION GROUP AND BMZ HOLDING TO LAUNCH JOINT VENTURE FOR LITHIUM-ION BATTERIES.KION AND BMZ WILL EACH HOLD A 50 PERCENT STAKE IN JOINT VENTURE: KION BATTERY SYSTEMS.BY 2023, WORKFORCE OF JV IS EXPECTED TO GROW TO AROUND 80 EMPLOYEES.  Full Article

Kion Sees M&A Potential In Technologies Field
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Kion Group AG CFO::CFO ASKED ON ACQUISITIONS SAYS WE COULD STRENGTHEN PORTFOLIO IN FIELD OF TECHNOLOGIES AND IN INDIVIDUAL REGIONS.  Full Article

Kion Sees 2019 Adjusted EBIT Target Range Between 805 Mln To 875 Mln Euros
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Kion Group AG ::DGAP-NEWS: KION GROUP AG: STRONG FINISH TO 2018 FOR THE KION GROUP - OUTLOOK MATCHED IN FULL.DGAP-NEWS: KION GROUP AG: STRONG FINISH TO 2018 FOR THE KION GROUP - OUTLOOK MATCHED IN FULL.SUSTAINED GROWTH IN CORE MARKETS.TOTAL VALUE OF ORDER INTAKE SURGES BY 8.5 PERCENT TO A RECORD EUR8.66 BILLION.REVENUE INCREASES BY 5.2 PERCENT TO ALMOST EUR8 BILLION.ADJUSTED EBIT MARGIN AT 9.9 PERCENT.2018 NET INCOME OF EUR 401.6 MILLION.FREE CASH FLOW AMOUNTS TO EUR519.9 MILLION.STRONG FOCUS ON ENERGY, DIGITALIZATION, AND AUTOMATION IN LINE WITH KION 2027 STRATEGY.PROPOSED DIVIDEND OF EUR1.20 PER SHARE (UP BY 21 PERCENT).EXCLUDING NON-RECURRING TAX EFFECTS IN BOTH 2018 (POSITIVE ITEM OF EUR29.4 MILLION) AND 2017 (POSITIVE ITEM OF EUR92.2 MILLION), NET INCOME ROSE BY 12.7 PERCENT.IN 2019, KION GROUP PLANS TO BUILD ON ITS SUCCESSFUL PERFORMANCE IN 2018 AND, BASED ON FORECASTS FOR MARKET GROWTH, ACHIEVE FURTHER INCREASES IN REVENUE AND ADJUSTED EBIT.ORDER INTAKE OF KION GROUP IS EXPECTED TO BE BETWEEN EUR8,250 MILLION AND EUR8,950 MILLION.TARGET FIGURE FOR CONSOLIDATED REVENUE IS EXPECTED TI BE IN RANGE OF EUR 8,150 MILLION TO EUR 8,650 MILLION.EXPECTED TARGET RANGE FOR ADJUSTED EBIT IN 2019 IS EUR 805 MILLION TO EUR 875 MILLION.  Full Article

Michael Macht Joins The Supervisory Board Of Kion Group
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Kion Group AG (Pre-Reincorporation) ::DGAP-NEWS: KION GROUP AG: .HE SUCCEEDS TAN XUGUANG, CHAIRMAN OF WEICHAI POWER, WHO STEPPED DOWN ON SEPTEMBER 30, 2018.  Full Article

Kion Extends Contract of CTO Eike Böhm
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Kion Group AG ::CTO EIKE BÖHM TO SERVE A FURTHER TERM ON EXECUTIVE BOARD OF KION GROUP AG.  Full Article

Kion Says Sabine Neuß Steps Down From Linde Material Handling Board
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Kion Group AG ::SAYS SABINE NEUß STEPS DOWN FROM THE MANAGEMENT BOARD OF LINDE MATERIAL HANDLING.SUPERVISORY BOARD OF LINDE MATERIAL HANDLING GMBH WILL DECIDE ON HER SUCCESSOR VERY SOON.  Full Article

Weichai Power Increases Its Holdings In Kion Group AG
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Weichai Power Co Ltd <000338.SZ>2238.HK::SAYS IT BOUGHT ABOUT 2.05 MILLION SHARES IN ITS UNIT KION GROUP AG <<>> FOR ABOUT 150 MILLION EUROS ($174.86 million).SAYS ITS SHAREHOLDINGS IN KION GROUP AG WILL BE INCREASED TO 45.0 PERCENT FROM 43.26 PERCENT AFTER TRANSACTION.  Full Article

Kion Group: Susanna Schneeberger Appointed Chief Digital Officer
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Kion Group AG ::DGAP-NEWS: KION GROUP AG: SUSANNA SCHNEEBERGER APPOINTED ADDITIONAL EXECUTIVE BOARD MEMBER AND CHIEF DIGITAL OFFICER.SUSANNA SCHNEEBERGER TO BE MEMBER OF EXECUTIVE BOARD FOR A TERM OF FIVE YEARS STARTING OCTOBER 1, 2018.  Full Article

Kion Group, EP Equipment enter into strategic partnership
Thursday, 18 Jan 2018 

Jan 17 (Reuters) - Kion Group Ag ::DGAP-NEWS: KION GROUP AND EP EQUIPMENT AGREE STRATEGIC PARTNERSHIP.‍KION TO ACQUIRE A MINORITY STAKE IN CHINESE MANUFACTURER TO EXTEND ITS OFFERING IN FAST-GROWING MARKET FOR ENTRY-LEVEL WAREHOUSE EQUIPMENT​.‍STRATEGIC PARTNERSHIP WILL FOCUS ON JOINT PRODUCT DEVELOPMENT AND SUPPLY CHAIN SYNERGIES​.‍TRANSACTION EXPECTED TO BE COMPLETED IN COURSE OF 2018​.  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