Kion narrows 2025 guidance, Q3 results beat expectations By Investing.com
Update: 2025-10-30
Description
Kion Group, a leading industrial trucks and supply chain solutions company, reported strong third-quarter results, beating analyst expectations. However, they revised their 2025 forecast to a more conservative midpoint, slightly below analyst predictions. The company's trucks division saw an 8% increase in orders, while supply chain solutions jumped 16%. Revenue was slightly above estimates, with supply chain solutions surging 8%. Adjusted earnings before interest and tax were 4% better than forecast, and free cash flow was 76% above expectations. The updated forecast reflects a mixed picture, with the trucks division's goals slightly lowered and supply chain business boosted. The company is managing expectations after a strong quarter, hinting at potential growth slowdown in 2023.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
