KION GROUP AG welcomes its inclusion on the MDAX

2014-09-03


KION GROUP AG / Key word(s): Miscellaneous

03.09.2014 / 22:49


  • KION Group to join Deutsche Börse's MDAX on 22 September 2014
  • CEO Riske: "Confirmation of our growth strategy"

Wiesbaden, 3 September 2014 - KION GROUP AG (WKN KGX888, ISIN DE000KGX8881) welcomes its inclusion on the MDAX, Deutsche Börse's mid-cap index. One year and three months after its successful IPO in the Prime Standard segment, the company will join the MDAX on 22 September 2014. This index includes the 50 largest publicly traded companies in Germany below the DAX. The KION Group, one of the world's two leading suppliers of forklift trucks, warehouse technology and associated services, had been included on the small-cap index SDAX in September 2013. The company's shares were listed on the Frankfurt Stock Exchange on 28 June 2013.

Gordon Riske, CEO of the KION Group, sees Deutsche Börse's decision as yet another milestone in the company's development. "The MDAX listing will make our shares even more attractive to investors and raise our profile. We believe that the decision is a confirmation of our growth strategy, which we have been pursuing with even greater vigour since our IPO."


The Company

The KION Group - comprising the six brands of Linde, STILL, Fenwick, OM STILL, Baoli and Voltas - is the largest manufacturer of industrial trucks in western and eastern Europe, the global number two in the industry and the leading non-domestic supplier in China. The Linde and STILL brands serve the premium segment worldwide. Fenwick is the largest supplier of material handling products in France, while OM STILL is a market leader in Italy. The Baoli brand focuses on the economy segment, and Voltas is a leading provider of industrial trucks in India. The KION Group is present in more than 100 countries and, in 2013, employed over 22,000 people and generated revenue of EUR4.5 billion.


Disclaimer

This document and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other jurisdiction.

This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions, regulatory reforms, results of technical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. We do not undertake any responsibility to update the forward-looking statements in this release.


Further information for the media

Michael Hauger
Head of Corporate Communications
Tel.: +49 (0)611 770 655
michael.hauger@kiongroup.com

Frank Brandmaier
Head of Corporate Media Relations
Tel.: +49 (0)611 770 752
frank.brandmaier@kiongroup.com


Further information for investors

Frank Herzog
Head of Corporate Finance
Tel.: +49 (0)611 770 303
frank.herzog@kiongroup.com

Dr Karoline Jung-Senssfelder
Head of Investor Relations and M&A
Tel.: +49 (0)611 770 450
karoline.jung-senssfelder@kiongroup.com




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Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=HHJSJCAUNW
Document title: Download Press Release as PDF


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