WBO:KGX (Germany)  
KION GROUP AG logo

KION GROUP AG

€ 26.50 (+0.61%) Dec 8
P/E:
8.01
P/B:
0.62
Market Cap:
€ 3.49B ($ 3.69B)
Enterprise V:
€ 6.66B ($ 7.04B)
Volume:
-
Avg Vol (2M):
370.00
Also Trade In:
Volume:
-
Market Cap €:
3.49B
Market Cap $:
3.69B
PE Ratio:
8.01
Avg Vol (2-Month):
370.00
Enterprise Value €:
6.66B
Enterprise Value $:
7.04B
PB Ratio:
0.62

Business Description

Description
Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.