Kion shares up after Q1 beat

Kion AG

30/04/2026 08:52

** Shares in Kion Group KGX.DE rise nearly 6% after the German heavy machinery company posted its Q1 report

** A local trader says the group's first quarter results beat expectations

** The company reported revenue at 2.77 billion euros ($3.23 billion) compared to a forecast of 2.65 billion seen in an LSEG poll

** "Order beat should lead to a bounce," the trader added

** Kion reported order intake of 2.99 billion, up 10.3% year-on-year

** Despite today's spike, the stock is far from erasing its year-to-date losses of 33% ​

($1 = 0.8565 euros)

(Reporting by Cian Muenster)

((Cian.Muenster@thomsonreuters.com))