KION stock rises as automation offsets industrial truck weakness
Published on 10/29/2026 at 17:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly growth meets uneven segment performance
- Intelligent Automation Solutions delivered strong double-digit revenue and adjusted EBIT growth in the first nine months.
- Industrial Trucks & Services remained under pressure from weaker order intake and an unfavorable product and regional mix.
- KION now expects its medium-term double-digit adjusted EBIT margin target only after 2027.
KION GROUP AG reported on October 29, 2026 that third-quarter revenue increased to EUR 2,834.7 million and adjusted EBIT to EUR 202.9 million. The figures came in a quarterly release published by Deutsche Boerse. The update is the main new development since the previous KION report.
Automation drives nine-month improvement
For the first nine months, revenue rose 3.9 percent to EUR 8,522.0 million and adjusted EBIT increased 9.9 percent to EUR 632.5 million. The adjusted EBIT margin improved to 7.4 percent from 7.0 percent in the prior-year period, according to KION's quarterly statement.
Intelligent Automation Solutions was the growth engine. Nine-month revenue increased 16.9 percent and adjusted EBIT rose 36.6 percent to EUR 172.2 million. In contrast, Industrial Trucks & Services revenue declined 0.7 percent and adjusted EBIT slipped 0.2 percent to EUR 528.7 million. KION attributed the uneven performance partly to weaker new-business momentum, product mix and regional mix.
Guidance remains the key risk
Group order intake fell 4.9 percent to EUR 8,445.0 million, while free cash flow was positive at EUR 121.1 million, down from EUR 392.8 million a year earlier. The company had already reduced its 2026 revenue guidance to EUR 11.45 billion to EUR 11.75 billion and adjusted EBIT guidance to EUR 815 million to EUR 875 million on October 14. It now expects the medium-term target of a double-digit adjusted EBIT margin only after 2027.
At Lang & Schwarz, the stock stood at EUR 34.47 on October 29, 2026 at 4:03 p.m. Berlin time. That was 2.59 percent above the Xetra close of EUR 33.60 on October 28. Compared with the EUR 33.70 quote in the previous own report dated October 27, the share was up 2.28 percent, a separate comparison that supports this second main stock-value report. The real-time quote of KION stock provides the continuously updated market view.
KION GROUP AG market profile
- Company: KION GROUP AG
- ISIN: DE000KGX8881
- Ticker: KGX
- Primary exchange: Xetra
- Lang & Schwarz quote: EUR 34.47 on October 29, 2026 at 4:03 p.m. Berlin time
- Change versus previous Xetra close: plus 2.59 percent versus EUR 33.60 on October 28, 2026
- Sector: Industrials
- Index: MDAX
Market conditions for German equities can be followed in the DAX market environment.
