Kion falls after posting weaker 2026 guidance

Kion AG

26/02/2026 08:06

** Shares in Kion KGX.DE fall 4.3% after German forklift maker posted weaker 226 guidance

** The company expects FY sales between EUR 11.4-12.3 bln ($13.5-14.5 billion) (consensus EUR 11.9 bln); adj. EBIT of EUR 850-1,040 mln (consensus EUR 1,010 mln); FCF of EUR 430-570 mln (consensus EUR 528 mln)

** "Guidance ranges might be viewed as cautious but shouldn't be good enough," a local trader says

** "We expect around mid single-digit cuts to consensus 2026 Adj EBIT estimates," J.P. Morgan says

** The guidance "will raise questions about the 2027 margin target of 10%, where the risk of pushing out the goalposts has increased," JPM adds

($1 = 0.8467 euros)

 (Reporting by Amir Orusov)

 ((Amir.orusov@thomsonreuters.com))