KION GROUP AG: Consolidated net income for Q2/2024 expected below market
expectations

EQS-Ad-hoc: KION GROUP AG / Key word(s): Quarterly / Interim
Statement/Preliminary Results
KION GROUP AG: Consolidated net income for Q2/2024 expected below market
expectations

10-Jul-2024 / 12:44 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Disclosure of Inside Information pursuant to Article 17 of Regulation (EU)
No. 596/2014


Keywords: Quarterly/Interim Reporting, Preliminary Results

KION GROUP AG
Thea-Rasche-Straße 8
60549 Frankfurt am Main
ISIN DE000KGX8881

Consolidated net income for Q2/2024 expected below market expectations

Frankfurt/Main, 10 July 2024

Due to a goodwill impairment for the KION ITS Americas operating unit in the
Industrial Trucks & Services (ITS) segment in the amount of around EUR 22
million the KION Group expects consolidated net income before minorities to
be around EUR 69 million in the second quarter of 2024 (Vara consensus as of
July 9, 2024: EUR 93 million). This goodwill impairment will also reduce
consolidated net income before minorities for the 2024 financial year by the
same amount.

All figures provided are preliminary and unaudited. KION GROUP AG will
announce the final results for the second quarter of 2024 on July 31, 2024.

Explanations of the key financial figures used can be found in the Annual
Report 2023 of KION GROUP AG (
https://www.kiongroup.com/en/Investor-Relations/Publications/), especially
on pages 75 et seq. The consensus from Vara Research is published at
https://www.kiongroup.com/en/Investor-Relations/Share/.

Contact for investors:

Sebastian Ubert
Vice President Investor Relations
Phone +49 (0)69 201 107 329
sebastian.ubert@kiongroup.com

Raj Junginger
Senior Manager Investor Relations
Phone +49 (0)69 201 107 942
raj.junginger@kiongroup.com


End of Inside Information

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   Language:       English
   Company:        KION GROUP AG
                   Thea-Rasche-Straße 8
                   60549 Frankfurt/Main
                   Germany
   Phone:          +49 69 20110-0
   E-mail:         info@kiongroup.com
   Internet:       www.kiongroup.com
   ISIN:           DE000KGX8881
   WKN:            KGX888
   Indices:        MDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1943497

End of Announcement EQS News Service
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1943497 10-Jul-2024 CET/CEST