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KION GROUP AG
ISIN:
DE000KGX8881
WKN:
KGX888
Country: Deutschland
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Primary market: Germany
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EQS NID: 1943497
Levermann Score
10 July 2024 12:44PM
Consolidated net income for Q2/2024 expected below market expectations
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EQS-Ad-hoc: KION GROUP AG / Key word(s): Quarterly / Interim Statement/Preliminary Results Disclosure of Inside Information pursuant to Article 17 of Regulation (EU) No. 596/2014
Keywords: Quarterly/Interim Reporting, Preliminary Results KION GROUP AG Thea-Rasche-Straße 8 60549 Frankfurt am Main ISIN DE000KGX8881 Consolidated net income for Q2/2024 expected below market expectations Frankfurt/Main, 10 July 2024 Due to a goodwill impairment for the KION ITS Americas operating unit in the Industrial Trucks & Services (ITS) segment in the amount of around EUR 22 million the KION Group expects consolidated net income before minorities to be around EUR 69 million in the second quarter of 2024 (Vara consensus as of July 9, 2024: EUR 93 million). This goodwill impairment will also reduce consolidated net income before minorities for the 2024 financial year by the same amount. All figures provided are preliminary and unaudited. KION GROUP AG will announce the final results for the second quarter of 2024 on July 31, 2024. Explanations of the key financial figures used can be found in the Annual Report 2023 of KION GROUP AG (https://www.kiongroup.com/en/Investor-Relations/Publications/), especially on pages 75 et seq. The consensus from Vara Research is published at https://www.kiongroup.com/en/Investor-Relations/Share/. Contact for investors: Sebastian Ubert Vice President Investor Relations Phone +49 (0)69 201 107 329 sebastian.ubert@kiongroup.com Raj Junginger Senior Manager Investor Relations Phone +49 (0)69 201 107 942 raj.junginger@kiongroup.com End of Inside Information
10-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | KION GROUP AG |
| Thea-Rasche-Straße 8 | |
| 60549 Frankfurt/Main | |
| Germany | |
| Phone: | +49 69 20110-0 |
| E-mail: | info@kiongroup.com |
| Internet: | www.kiongroup.com |
| ISIN: | DE000KGX8881 |
| WKN: | KGX888 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1943497 |
| End of Announcement | EQS News Service |
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1943497 10-Jul-2024 CET/CEST
