KION GROUP AG

Kion Group AG is a Germany-based supplier of industrial trucks, related services and supply chain solutions. The activities of the Company are divided into three segments: Industrial Trucks and Services, Supply Chain Solutions and Corporate Services. The Industrial Trucks and Services segment comprises forklift trucks, warehouse technology, counterbalance trucks, towing vehicles, as well as automated trucks and autonomous trucks. It operates through three international brands: Linde, STILL and Baoli, as well as through three regional brands: Fenwick (France), OM STILL (Italy) and OM Voltas (India). The Supply Chain Solutions segment offers integrated technology and software solutions, picking equipment, automated storage and retrieval systems, sorters, and conveyors, marketed under the Dematic brand. The Company is active in more than 100 countries across the world.
  • TickerKGX888
  • ISINDE000KGX8881
  • SectorIndustrial Engineering
  • CountryGermany

Analysts

Thanks to a better fundamental star rating, KION GP.AG PREREIN. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to KION GP.AG PREREIN. (DE), active in the Industrial Machinery industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date September 10, 2019, the closing price was EUR 48.85 and its expected value was estimated at EUR 46.15.

Moody's withdraws the ratings of KION Group AG for business reasons

Rating Action: Moody's withdraws the ratings of KION Group AG for business reasons. Global Credit Research- 04 May 2017. Frankfurt am Main, May 04, 2017-- Moody's Investors Service, has today withdrawn all ratings of KION Group AG.

Denise Molina

Kion Reports Solid 2Q With Double-Digit Revenue Growth and Margin Expansion; Shares Attractive

Kion's second-quarter results beat consensus on revenue and EBIT, and the company looks on track to meet guidance. We are maintaining our EUR 90 fair value estimate and find the shares attractive. Group revenue grew by 12% and the EBIT margin expanded by 70 basis points. As expected, group orders were down sharply year over year, declining 14%, with tough comparables from 2018 when supply chain solutions (warehouse automation equipment) orders grew by 93%.  Industrial trucks (forklifts) outperfo...

Denise Molina

Morningstar | Kion Group in Pole Position to Benefit From E-commerce Growth and Warehouse Automation

As a market leader in forklift manufacturing, Kion is already well positioned to benefit from growing e-commerce. Given this, combined with its Dematic acquisition, we think the company will offer attractive long-term revenue growth and increasing returns. Despite rapid growth, e-commerce still accounts for only a small portion of global retail sales, just 12% in the United States and near 14% in China. The low penetration levels suggest a long runway for growth, as we believe forklift sales will naturally follow the expansion of warehouses needed to support an e-commerce supply chain. Kion an...

Denise Molina

Kion Group in Pole Position to Benefit From E-commerce Growth and Warehouse Automation

Narrow-moat Kion reported strong warehouse equipment order growth and margin expansion in 1Q, continuing to support our view that the company is well positioned for a long runway of demand for warehouse automation equipment. We are maintaining our EUR 90 fair value estimate and continue to find the shares attractive. Kion outperformed the market on forklift unit demand, with the market seeing a 3% unit decline year over year. Kion's forklift demand was stable on a unit basis and up 2% on a value...

Denise Molina

Morningstar | Narrow-Moat Kion Delivers Another Solid Performance; Shares Attractive

Narrow-moat Kion reported strong warehouse equipment order growth and margin expansion in 1Q, continuing to support our view that the company is well positioned for a long runway of demand for warehouse automation equipment. We are maintaining our EUR 90 fair value estimate and continue to find the shares attractive. Kion outperformed the market on forklift unit demand, with the market seeing a 3% unit decline year over year. Kion's forklift demand was stable on a unit basis and up 2% on a value basis, reflected by order book growth. Revenue increased by 10% aided by the unusually high backlo...

Denise Molina

Narrow-Moat Kion Delivers Another Solid Performance; Shares Attractive

Narrow-moat Kion reported strong warehouse equipment order growth and margin expansion in 1Q, continuing to support our view that the company is well positioned for a long runway of demand for warehouse automation equipment. We are maintaining our EUR 90 fair value estimate and continue to find the shares attractive. Kion outperformed the market on forklift unit demand, with the market seeing a 3% unit decline year over year. Kion's forklift demand was stable on a unit basis and up 2% on a value...

1 director bought

A director at Kion Group Ag bought 2,713 shares at 44.618EUR and the significance rating of the trade was 63/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

Thanks to a better fundamental star rating, KION GP.AG PREREIN. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to KION GP.AG PREREIN. (DE), active in the Industrial Machinery industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date September 10, 2019, the closing price was EUR 48.85 and its expected value was estimated at EUR 46.15.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

KION Group - AGM 09 May 2019

Item 5: Deloitte, Munich, is proposed as auditor for the current financial year. We have no concerns over the ratio of non-audit/audit fees. However, we note that Deloitte has audited the Company since the financial year 2007 which exceeds our maximum acceptable term of office of 10 years. We therefore recommend opposing the re-election of Deloitte as auditor. Items 6.1 and 6.2: We recommend to oppose the election of Michael Macht and Tan Xuguang to the Supervisory Board due to our concerns over the insufficient independent representation on the Board.

Kion Group – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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