KION GROUP AG (MEX:KGX)

MXN 686.21 0 (0%) Market Cap: 88.35 Bil Enterprise Value: 182.91 Bil PE Ratio: 12.33 PB Ratio: 0.69 GF Score: 65/100

Q3 2024 Kion Group AG Earnings Call Transcript

Oct 30, 2024 / 02:00PM GMT

Release Date Price: MXN638.59

Transcript

Operator

At this time. It's my pleasure to hand over to Rob Smith CEO of Kion Group. Please go ahead, sir.

Richard Smith

Kion Group AG - Chief Executive Officer, Member of the Executive Board

Thank you very much, Sandra. Good afternoon, ladies and gentlemen, and welcome to our Update Call on our Third-Quarter Results in '24.

And I refer you to our IR website for the presentation that's online. I'm going to start with a summary on the third quarter and give you a short update on our business. And then Christian will take you through our detailed Q3 financials and our outlook for the full year, which we've not only confirmed this morning, but we once again narrowed the guidance ranges following a good performance in the first nine months and our view on this final fourth quarter of the year.

After Christian, I'll take you through our key takeaways and then we'll go into our questions and answers.

Let's start together on page 3. Group order intake at EUR2.4 billion reflected seasonal softness at its and the ongoing customer hesitation to sign

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