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Kion Group AG (KGX.DE)

KGX.DE on Xetra

57.40EUR
17 Aug 2018
Change (% chg)

€0.24 (+0.42%)
Prev Close
€57.16
Open
€57.32
Day's High
€57.64
Day's Low
€56.72
Volume
162,852
Avg. Vol
288,265
52-wk High
€81.95
52-wk Low
€56.04

Latest Key Developments (Source: Significant Developments)

Kion Affirms 2018 Guidance After Q2 Profit Drop
Thursday, 26 Jul 2018 01:01am EDT 

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 06:00am EDT 

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 05:30am EST 

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 10:34am EST 

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

Kion CFO says project delays are short-term issue
Thursday, 19 Oct 2017 06:07am EDT 

Oct 19 (Reuters) - Kion CFO tells Reuters:Expects customers' project delays to be a short-term trend, not a fundamental shift.Monterrey factory now on track after start-up problems.Raw material prices rise has accelerated in Q3.Says strong growth in forklift truck business driven by Europe, China, South america, Turkey, Russia.  Full Article

Kion 9-month core profit margin widens to 9.9 pct
Thursday, 19 Oct 2017 01:36am EDT 

Oct 19 (Reuters) - Kion Group Ag :dgap-news: kion group publishes preliminary results for the first nine months of 2017 and slightly adjusts outlook.‍9M order intake was eur5.699 billion​.‍9M revenue of eur5.675 billion​.‍9M adjusted ebit was eur561.8 million, resulting in an adjusted EBIT margin of 9.9 percent​.  Full Article

Kion Group: ‍STILL CFO Birkner retires and is succeeded by Hofmann​
Friday, 6 Oct 2017 10:11am EDT 

Oct 6 (Reuters) - KION GROUP AG KGX.DE:‍STILL GMBH: CFO BIRKNER RETIRES AND IS SUCCEEDED BY HOFMANN​.  Full Article

Kion Group places new shares in amount of 8.55 pct of share capital at 64.83 euros per share
Monday, 22 May 2017 03:56pm EDT 

May 22 (Reuters) - Kion Group Ag :Successfully places new shares in amount of 8.55 per cent of share capital at 64.83 euros per share.  Full Article

Kion confirms FY outlook, Q1 EBIT margin rises to 8.4 pct
Thursday, 27 Apr 2017 01:01am EDT 

April 27 (Reuters) - Kion Group AG :Dynamic start into 2017.Sustained growth, both organic and as a result of dematic acquisition.Considerable rise in value of order intake to 1.88 billion eur in Q1 of 2017 (up by 45.1 percent).Strong growth in revenue to 1.81 billion eur (up by 48.4 percent).Adjusted EBIT margin improves from 8.1 percent to 8.4 percent.Strong free cash flow of 64.5 million eur.Outlook for 2017 confirmed.  Full Article

Kion CEO says year has started well
Thursday, 2 Mar 2017 05:15am EST 

Kion Group Ag : Kion CEO says year has started well, January was good after a very strong Q4 . Kion CEO says even with higher US import tariffs, company would still be very competitive Further company coverage: [KGX.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article