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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
DE000KGX8881
Thu, 14.11.2024
KION GROUP AG
KION GROUP AG successfully places a bond of € 500 million
Successful placement of € 500 million
Offering to institutional and retail investors, the latter via the secondary market
Term of five years, coupon of 4.0 per cent
Proceeds to be used to refinance existing liabilities with maturities primarily due in 2025
Frankfurt am Main, November 14 [ … ]
Wed, 30.10.2024
KION GROUP AG
KION Group achieves strong results and increases profitability in the first nine months of FY 2024
Revenue up 1.1 percent to € 8.435 billion (2023: € 8.347 billion)
Adj. EBIT improves 16.6 percent to € 666.7 million (2023: € 571.9 million)
Adj. EBIT margin increases to 7.9 percent (2023: 6.9 percent)
Free cash flow rises to € 431.3 million (20 [ … ]
Tue, 08.10.2024
KION GROUP AG
KION Group and Eurofork sign strategic partnership
KION Group has signed a cooperation agreement with leading manufacturer of pallet shuttle systems Eurofork in Frankfurt am Main, Germany
Eurofork solution E4CUBE® to be distributed through KION Group's sales networks
Andreas Schneider, SVP Product Management at KION: “With this partnership we a [ … ]
Wed, 02.10.2024
KION GROUP AG
KION Group opens Center of Excellence for automated solutions
Now under one roof: Automated trucks and software development, customer solutions development, project realization and production
New facility improves efficiency and fosters collaboration to develop industry-leading automation solutions for KION Group brands
Ching Pong Quek, CTO of [ … ]
Fri, 13.09.2024
KION GROUP AG
KION Group Supports Endowed Professorship for AI Solutions at TU Dortmund University
KION Group establishes a research hub for AI-assisted intralogistics solutions
Sebastian Peitz appointed professor at the Department of Computer Science at TU Dortmund University
Ching Pong Quek, CTO of KION Group: “Planned collaboration underlines our pioneeri [ … ]
Fri, 13.09.2024
KION GROUP AG
KION Group Supports Endowed Professorship for AI Solutions at TU Dortmund University
KION Group establishes a research hub for AI-assisted intralogistics solutions
Sebastian Peitz appointed professor at the Department of Computer Science at TU Dortmund University
Ching Pong Quek, CTO of KION Group: “Planned collaboration underlines our pioneeri [ … ]
Wed, 31.07.2024
KION GROUP AG
KION significantly increases profitability in the first half of 2024 driven by improvements in both operating segments
Revenue up by 2 percent to € 5.736 billion (H1 2023: € 5.617 billion)
Adj. EBIT improves 28 percent to € 447 million (H1 2023: € 348 million)
Adj. EBIT margin of 7.8 percent (H1 2023: 6.2 percent)
Free cash flow of € 202 milli [ … ]
Wed, 29.05.2024
KION GROUP AG
The KION Group increases its dividend and consequently implements its strategy
Annual General Meeting of KION GROUP AG at the Palmengarten in Frankfurt am Main recaps 2023 financial year
Supervisory Board and Executive Board proposals approved with majority vote
Dividend of € 0.70 per share to be paid out – more than tripled year-on-year
Frankf [ … ]
Thu, 02.05.2024
KION GROUP AG
Supervisory Board Extends CEO Rob Smith’s Contract, Reinforcing KION Group’s Profitable Growth Path
Contract extended by five years until end of 2029
Hans Peter Ring, Chairman of the Supervisory Board: “Under Rob Smith’s proven leadership we will open the next chapter of the success story of KION.”
Frankfurt am Main, May 2, 2024 – The Supervisor [ … ]
Thu, 25.04.2024
KION GROUP AG
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. EBIT improves to € 226.7 million (Q1 2023: € 156.0 million)
Adj. EBIT margin of 7.9 percent (Q1 2023: 5.6 percent)
Positive free cash flow of € 65.7 million (Q1 2023: € 104.9 m [ … ]