Kion Expects Third-Quarter Revenue of About EUR2.835 Billion
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08:37:35 AM UTC
SquawkNews
Kion Expects 3Q Adjusted EBIT Below Market Expectations
08:39:06 AM UTC
SquawkNews
KION GROUP AG reduced its 2026 outlook after preliminary Q3 results and now expects its double-digit adjusted EBIT margin targets to be achieved later than 2027. Q3 Group revenue is ~€2.835B, adj. EBIT ~€203M, and FCF ~€100M; ITS order intake missed expectations.Material DetailsContext by AI Analys…