Brief: Kion Group Q2 Consolidated Net Income Expected Below Market Expectations
10/07/2024 11:48
July 10 (Reuters) - KION GROUP AG KGX.DE :
* CONSOLIDATED NET INCOME FOR Q2/2024 EXPECTED BELOW MARKET
EXPECTATIONS
* THIS GOODWILL IMPAIRMENT WILL ALSO REDUCE CONSOLIDATED NET
INCOME BEFORE MINORITIES FOR 2024 FINANCIAL YEAR BY SAME AMOUNT
* DUE TO A GOODWILL IMPAIRMENT FOR KION ITS AMERICAS
OPERATING
UNIT IN INDUSTRIAL TRUCKS & SERVICES (ITS) SEGMENT IN AMOUNT OF
AROUND EUR 22 MILLION KION GROUP EXPECTS CONSOLIDATED NET INCOME
BEFORE MINORITIES TO BE AROUND EUR 69 MILLION IN Q2 OF 2024
(VARA CONSENSUS AS OF JULY 9, 2024: EUR 93 MILLION).
Source text for Eikon: ID:nEQ95LZFQa
Further company coverage: KGX.DE
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