Brief: Kion Group Resolves Efficiency Program

Kion AG

04/02/2025 09:21

Feb 4 (Reuters) - Kion Group AG  KGX.DE :
    * RESOLVES EFFICIENCY PROGRAM
    * TARGETS COST SAVINGS OF EUR 140-160 MILLION PER YEAR
    * EXPECTS COST SAVINGS OF AROUND EUR 140 TO 160 MILLION PER
YEAR,
FULLY EFFECTIVE IN 2026 FINANCIAL YEAR
    * PRELIMINARY FY 2024 NET SALES: APPROX. EUR 11,503 MILLION
(PREVIOUS YEAR: EUR 11,434 MILLION)
    * FY ADJUSTED EBIT: APPROX. EUR 917 MILLION (PREVIOUS YEAR:
EUR
791 MILLION)
    * PRELIMINARY FY 2024 ADJUSTED EBIT MARGIN: APPROX. 8,0%
(PREVIOUS
YEAR: 6,9%)
    * FY ROCE: APPROX. 8.7% (PREVIOUS YEAR: 7.7%)
    * FY FREE CASH FLOW: APPROX. EUR 702 MILLION (PREVIOUS YEAR:
EUR
715 MILLION)
    * DETAILED OUTLOOK FOR 2025 TO BE PUBLISHED AS PLANNED ON 27
FEBRUARY 2025

Source text:  ID:nEQ2wfpfka 
Further company coverage:  KGX.DE 

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