Kion jumps after 2025 outlook beats market consensus

Kion AG

27/02/2025 09:19

** Shares in Kion KGX.DE jump around 6% after the German industrial truck group published outlook for 2025 above market expectations

** It expects revenue for 2025 to come in between 10.9 and 11.7 billion euros ($11 billion - $12 billion), compared to analysts' expectations of 11.1 billion euros

** Adj. EBIT 2025 is expected in a range of 720 to 870 million euros versus analysts' expectation of 781 million euros

** "Initial FY25 outlook with all midpoints above current consensus should trigger a positive reaction," a local trader says

** Shares were up 5.61% at 0906 GMT at 42.75 euros, highest since June 2024

($1 = 0.9546 euros)

 (Reporting by Isabel Demetz)

 ((Isabel.demetz@thomsonreuters.com))