BofA Expects Surging Warehouse Automation, 'Slow' Forklifts for Kion's Q2; Buy Rating Kept
() -- BofA Global Research expects sustained growth from Kion Group's (KGX.F) warehouse automation unit in the second quarter, while forecasting a performance decline in the company's industrial truck and services unit. "We expect continued slow activity in KION's ITS segment in Q2, as European industrial activity rema