KION cuts 2026 outlook: KION stock falls 1.08 percent

Published on 10/15/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KION guides EUR 815-875 million adjusted EBIT for fiscal 2026. KION stock costs EUR 34.03 on October 15, 2026, below its EUR 34.40 Xetra close.

Guidance and reporting date

KION lowered its fiscal 2026 adjusted EBIT outlook to EUR 815-875 million on October 14, 2026.
KION will publish its third-quarter report on October 29, 2026.
KION stock trades at EUR 34.03 at 10:40 a.m. CEST at Lang & Schwarz on October 15, 2026, 1.08 percent below the Xetra close of October 14, 2026.

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KION Group (ISIN DE000KGX8881) is trading at EUR 34.03 at Lang & Schwarz on October 15, 2026, 1.08 percent below the Xetra close of October 14, 2026. The company cut its fiscal 2026 outlook on October 14 after weaker-than-expected order intake in Industrial Trucks & Services, according to the Financial Times.

Guidance falls across key measures

KION now expects fiscal 2026 revenue of EUR 11.45 billion to EUR 11.75 billion, down from EUR 11.525 billion to EUR 12.025 billion previously. Adjusted EBIT guidance was reduced to EUR 815 million to EUR 875 million from EUR 880 million to EUR 980 million, while free cash flow guidance fell to EUR 400 million to EUR 500 million from EUR 420 million to EUR 540 million, the company announcement reported by the Financial Times said.

What does weaker order intake change?

The preliminary third-quarter figures show the pressure behind the revision. Adjusted EBIT was EUR 203 million against a Vara Research consensus of EUR 211 million, while Industrial Trucks & Services adjusted EBIT was EUR 163 million against EUR 175 million expected. Revenue of EUR 2,835 million was in line with expectations. KION also pushed its double-digit adjusted EBIT margin target beyond 2027.

The next report date

KION will publish its third-quarter financial report on October 29, 2026, in German and English, according to Placera. That release will provide the full quarterly figures behind the preliminary outlook and clarify whether the order shortfall is concentrated in the truck business.

Stock stays below the prior close

The current quotation puts KION below the previous Xetra session while the company works through a lower earnings range. The fact box records a market capitalization of EUR 4.5 billion and a 52-week range of EUR 31.88 to EUR 70.45 as of October 15, 2026. KION is classified in the Industrials sector and Industrial - Machinery industry, and the company is a member of the MDAX.

The further course of trading is shown by the continuously updated real-time quote of KION stock.