KION GROUP AG (XETRA:KGX)

European company
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Company Info - KGX

  • Market Cap€8.498bn
  • SymbolXETRA:KGX
  • IndustryIndustrials
  • Sector-
  • Currency
  • ISINDE000KGX8881

Company Profile

Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.KION GROUP AG is a forklift truck manufacturer with operations on a global scale. The company primarily manufactures and sells new trucks and offers maintenance services. It also offers automation equipment under its Dematic division.

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