Trade Kion Group AG - KGX CFD

KION Company profile

About 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.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Kion Group AG revenues increased 23% to EUR10.29B. Net income increased from EUR215.3M to EUR568.3M. Revenues reflect Supply Chain Solutions segment increase of 44% to EUR3.78B, Industrial Trucks & Services segment increase of 14% to EUR6.5B, Northern America segment increase of 51% to EUR2.55B, Western Europe segment increase of 13% to EUR5.56B.

Equity composition

11/2020 AF=1.0071