Kion Group Ag · XETR:KGX
Kion — Investor Presentation (January 2023)
78 slides from Kion's investor presentation, January 2023
Slide 1: We keep the world moving. Investor Relations Presentation
We keep the world moving. Investor Relations Presentation January 2023
Slide 2: Disclaimer
Disclaimer This document has been prepared by KION GROUP AG (the “Company”, and together with its consolidated subsidiaries, the "KION Group") solely for informational purposes. This disclaimer shall apply in all respects to the entire presentation (including all slides of this document), the oral p
Slide 3: Agenda
Agenda 1. Company Overview I. KION Group at a Glance II. Sustainability III. Industrial Trucks & Services IV. Supply Chain Solutions 2. Market Development and Business Drivers 3. Synergies and Combined Activities I. A New Era in APAC II. Mobile Automation 4. Appendix 3 KION GROUP AG | Investor Relat
Slide 4: KION Group at a Glance
KION Group at a Glance One of the world leaders in industrial trucks and supply chain solutions Joint Offering #1 & #2 #1 #1 in industrial trucks in supply • Industrial trucks in EMEA chain • Automated warehouse solutions solutions • Services Global #2 in globally3 industrial trucks2 €12.5bn €10.3bn
Slide 5: Business Model
Business Model Strong diversification supports resilient development Present in more > 2,100 sales and service than 100 locations1 countries1 2 strong global operating segments New business Asia-Pacific 11% Industrial Trucks & Services Supply Chain Solutions 59%2 2021 2021 Revenue Revenue Americas 2
Slide 6: Solutions Offering
Solutions Offering Broad material handling offering From industrial trucks to fully automated warehouses Tailor-made electric, fuel cell and IC-powered counterbalance and warehouse trucks Warehouse automation solutions to optimize material and information flow Full life cycle offering via a broad ra
Slide 7: Competitive Landscape
Competitive Landscape Market leading positions globally Industrial trucks1 + Automation systems2 Broad Toyota Industries KION intralogistics KION Honeywell (Intelligrated) offering Mitsubishi Logisnext Toyota Industries (Vanderlande / Bastian Solutions) Jungheinrich Daifuku Full-line Crown SSI Schäf
Slide 8: Segmentation
Segmentation KION divides its operating business into ITS and SCS KION Group segments Industrial Trucks & Services Supply Chain Solutions Corporate Services 65% 63% 57% 35% 37% 43% 0% 0% -12% Order intake Total revenues Adj. EBIT Order intake Total revenues Adj. EBIT Order intake Total revenues Adj.
Slide 9: Medium-term Targets
Medium-term Targets Double-digit margin targets are valid, timing is under review KION Group Supply Chain Solutions Industrial Trucks & Services Adj. EBIT 10% – 12% 12% – 14% > 10% margin Dividend payout 25% – 40% ratio1 1. Target, subject to availability of distributable profit 9 KION GROUP AG | In
Slide 10: KION 2027 Strategy
KION 2027 Strategy Focus on continued profitable growth Aspiration KION 2027 Sustainability as new Strategic investments maintains focus strategic field of action accelerate growth Sustai- nability Inno- Perfor- vation mance Auto- Energy Digital mation 10 KION GROUP AG | Investor Relations Presentat
Slide 11: KION 2027 Strategy: Expected areas for profitable growth
KION 2027 Strategy Expected areas for profitable growth Geographical Product offering Software offering R&D commitment Performance diversification Additional production New truck generations incl. Software as R&D spending in strategic Optimize ITS capacity and capacities in China (ITS & connected tr
Slide 12: Development of R&D Spend
Development of R&D Spend Preparing for growth – shifting R&D spend towards SCS R&D1 spend in % of total Key considerations: 2021 2023e SCS • Relative shift in R&D spend from SCS ITS to SCS • Strong growth of SCS R&D spend 34% in particular driven by software ~ 45% development ~ 55% • Stable R&D spen
Slide 13: Development of Strategic Investments
Development of Strategic Investments Next growth investments lined up Strategic investments excl. R&D and SAP S4/HANA in €m Acquisitions ITS Capex excl. R&D 316 253 SCS Capex excl. R&D CS1 Capex excl. R&D 2020 2021 2022e 2023e Jinan ~ €100m ITS North America expansion Kołbaskowo ~ €80m Jinan ~ €40m
Slide 14: Investment Highlights
Investment Highlights Key reasons for an investment in KION Group KION benefits from various structural trends and demand drivers, such as 1 Attractive markets demographic change, a need for sustainable solutions and faster delivery requirements, all of which increase the need for intralogistics s
Slide 15: Agenda
Agenda 1. Company Overview I. KION Group at a Glance II. Sustainability III. Industrial Trucks & Services IV. Supply Chain Solutions 2. Market Development and Business Drivers 3. Synergies and Combined Activities I. A New Era in APAC II. Mobile Automation 4. Appendix 15 KION GROUP AG | Investor Rela
Slide 16: Sustainability
Sustainability KION fully committed to sustainable material handling KION sustainability achievements ESG Ratings Scale (min. to max.) Score Published CDP (climate change) D- to A B 2021 EcoVadis Bronze, Silver, Gold, Platinum Gold 2022 FTSE Russell ESG 0 to 5 3.7 2021 ISS ESG D- to A+ B- (Prime Sta
Slide 17: Sustainability Topics and Targets
Sustainability Topics and Targets KION sets itself ambitious sustainability targets 2021 KION Group Sustainability Report1 Selected sustainability targets1 People Occupational Health & Safety: Reduce accident frequency rate by 5% p.a. 100% ISO 450012 certification rate by 2024 Products ITS & SCS: De
Slide 18: People | Occupational Health & Safety and Board Remuneration
People | Occupational Health & Safety and Board Remuneration Promoting employee health & safety and strengthening board ESG focus Achievements 2021 (selected)1 ESG-linked board remuneration 69% of Occupational Health & Safety ESG-linked board remuneration introduced Management Systems at all sites i
Slide 19: Products | Product Electrification & Efficiency
Products | Product Electrification & Efficiency Combining electrification & efficiency focus enables client emission reduction Electrified product portfolio1 Energy efficient solutions IC-trucks Linde X20 – X35 E-truck series with minimized 13% 25% E-trucks 87% energy consumption yet IC-truck equiva
Slide 20: Products | Resource Efficiency and Product Health & Safety
Products | Resource Efficiency and Product Health & Safety Longevity, efficient resource use and health & safety as key parameters Using trucks & resources efficiently Health & Safety at customer site Up to recyclability1 of trucks Noise abatement Ergonomics 99% ensured through ecological, modular d
Slide 21: Processes | Climate Change Mitigation
Processes | Climate Change Mitigation Targeting net zero emissions by 2050 at the latest Energy related GHG emissions 2030 targets2 in kt CO2e1 Target: -30% of energy related -29% CO2 emissions of own • Reduction of scope 1 & 2 emissions by -4.2% per year operations vs. 2017 • Reduction of scope 3 e
Slide 22: Processes | Supply Chain Management
Processes | Supply Chain Management Securing an environmentally and socially responsible supply chain Transparency along the supply chain The KION Group Principles of Supplier Conduct comprise the expectation that all suppliers respect Sustainable supply chain initiative human rights and uphold inte
Slide 23: Agenda
Agenda 1. Company Overview I. KION Group at a Glance II. Sustainability III. Industrial Trucks & Services IV. Supply Chain Solutions 2. Market Development and Business Drivers 3. Synergies and Combined Activities I. A New Era in APAC II. Mobile Automation 4. Appendix 23 KION GROUP AG | Investor Rela
Slide 24: Industrial Trucks and Services at a Glance
Industrial Trucks and Services at a Glance One of the world leaders in industrial trucks Revenue by product1 Truck shipments by industry1,2 Revenue by region1 RoW North America 3% 3% Aftersales Other industries Central & South America 2% 27% Logistics Germany Asia Pacific 12% New business Western Se
Slide 25: Industrial Trucks and Services: Financial overview
Industrial Trucks and Services at a Glance Financial overview Key financials (in €m) 2021 2020 2019 2018 2017 Order intake 8,166 5,797 6,330 6,211 5,859 Order backlog 2,878 1,384 1,409 1,501 1,216 Order intake (in ‘000 units) 299.4 198.3 213.7 216.7 201.4 Thereof IC trucks 13% 13% 14% 16% 18% Thereo
Slide 26: Industrial Trucks and Services Integrated business model
Industrial Trucks and Services Integrated business model • Technology and innovation • Sales support vehicle with New truck sales Financial services driver benefit for aftermarket and • Tailor-made solutions and Around half of new truck service activities customer options units sold • Integrated wit
Slide 27: Competitive Strengths
Competitive Strengths Three pillars expected to drive profitable growth of KION’s ITS segment Technology expertise Resilient services Efficiency improvement • High operational performance of • Striving to cover the full life cycle • Modularizing products trucks1 with innovative offering • Optimizing
Slide 28: Competitive Strengths – Technology Expertise
Competitive Strengths – Technology Expertise KION’s new truck platforms expected to enable future growth New truck platforms with 10–15-year lifecycle – Productivity Performance derivatives planned for next years Digital twin allowing new feature sales and efficiencies Design to Efficiency Service E
Slide 29: Competitive Strengths – Premium efficiency and total cost of ownership
Competitive Strengths – Technology Expertise Premium efficiency and total cost of ownership Industrial truck efficiency supports premium pricing1 Industrial truck purchase price only ~ 13% of TCO Cost per lorry load cycle2 Competitive Purchase ~ 13% pricing price Sources to ~ 6% maximize ~ 15% ~ 12%
Slide 30: Competitive Strengths – Increased electrified unit order intake
Competitive Strengths – Technology Expertise KION Group with significantly increased electrified unit order intake since 2014 ITS order intake by category Li-ion share1 Comments on KION Group development Categories in % of unit order intake Estimated market mix by battery technology • Continued and
Slide 31: Competitive Strengths – Resilient Services
Competitive Strengths – Resilient Services Digitalization aims to support customers’ productivity and KION’s efficiency Remote health monitoring Remote technician support Expected benefits to customers • Truck stops from wear & • Efficiency increase through tear are reduced multimedia dialogue of on
Slide 32: Competitive Strengths – Efficiency Improvement
Competitive Strengths – Efficiency Improvement KION continuously broadening geographical footprint ITS footprint development Footprint restructuring in Western Europe after financial crisis Capacity expansion in Asia-Pacific and Eastern European countries: • Asia • India (2019) • China (Xiamen (2019
Slide 33: Summary - Industrial Trucks & Services
Summary - Industrial Trucks & Services Accelerate volume growth and return to double-digit adj. EBIT margin Exposure to attractive markets with products and services addressing 1 core needs of customers New business growth expected to be driven by technology advantages Harvest on 2 of new product pl
Slide 34: Agenda
Agenda 1. Company Overview I. KION Group at a Glance II. Sustainability III. Industrial Trucks & Services IV. Supply Chain Solutions 2. Market Development and Business Drivers 3. Synergies and Combined Activities I. A New Era in APAC II. Mobile Automation 4. Appendix 34 KION GROUP AG | Investor Rela
Slide 35: Supply Chain Solutions at a Glance
Supply Chain Solutions at a Glance Leading in supply chain solutions Revenue by product1 Revenue by industry1,2 Revenue by region1 Services Other Asia-Pacific 9% 20% Parcel Grocery E-commerce EMEA 28% pure play Wholesale Americas 63% Business Food & beverage solutions 80% Apparel General merchandise
Slide 36: Supply Chain Solutions at a Glance: Financial overview
Supply Chain Solutions at a Glance Financial overview Key financials (in €m) 2021 2020 2019 2018 2017 Order intake 4,329 3,654 2,771 2,425 2,099 Order backlog 3,792 3,071 2,232 1,797 1,398 Revenue 3,796 2,627 2,379 2,055 2,010 Thereof business solutions 80% 75% 75% 74% 75% Thereof customer services
Slide 37: Supply Chain Solutions Order Profile
Supply Chain Solutions Order Profile Stability from service activities and inflow of smaller orders SCS order intake by product SCS orders by project size Total order intake 2021 (in €m) Business solutions order intake 2021 4,329 20% Smaller projects 80% (<€20m) Large projects (>€40m) Medium-sized p
Slide 38: Focus Verticals, Drivers and Solutions
Focus Verticals, Drivers and Solutions Purposeful growth on verticals with highest growth potential Share of total market Selected revenue 2021 Value drivers SCS solutions (selected solutions only) clients (%) 1 mPick / GTP3 General 29% Merchandise Speed of Flexible Decentralized Micro- AMR-based2 f
Slide 39: Supply Chain Solutions – Typical Project Timeline
Supply Chain Solutions – Typical Project Timeline Solution development and project implementation typically last 24 months and more Solution development Project implementation Life cycle services ~ 2-24 months ~ 6-24 months ~ 15-30 years Order Project revenue Commis- Service revenue intake recogniti
Slide 40: Software-defined Automation Journey and Capabilities
Software-defined Automation Journey and Capabilities SCS enables the autonomous supply chain of the future Customers today Supply chain of tomorrow SCS driving customer outcomes Productivity Customer fulfillment Ability to maximize throughput Fully Autonomous journey Manual Warehouse / Semi-automate
Slide 41: Software Vision and Footprint
Software Vision and Footprint Software is core to SCS’s portfolio and value proposition SCS’s digital To provide vertical ecosystem based highly intelligent solutions that combine our software / digital capabilities with automation vision & robotics technology to deliver increased productivity flexi
Slide 42: Lifecycle-based Service Approach
Lifecycle-based Service Approach Reducing total cost of ownership & driving value-based service offering Customer intimacy across project journey (20+ years) Driving business outcomes with combined offerings Start up Evolution for Design Operation Spare parts Ramp up optimization Consultative 3 Expe
Slide 43: Dematic Execution Excellence
Dematic Execution Excellence Regionalization and standardization expected to drive speed, growth & profitability Upfront engagement Standardized solutions Regionalized fulfillment Sizing Modeling Concepting Simulation Extensive upfront customer Integrated range of various Rapid on-site readiness eng
Slide 44: Standardization and Execution Benefits
Standardization and Execution Benefits Standardization is key to improve profitability and speed Benefits of standards: Increasing standards: “Infinite” Scalability Standardization helps to reduce 11 solutions manufacturing costs and production times sub-systems Faster execution Selling more standar
Slide 45: Emerging Markets Footprint
Emerging Markets Footprint Driving cost leverage through low-cost country presence Additional SCS APAC plant in China Bettering global cost position and scale • Creating a new manufacturing facility at Jinan • Will become the largest plant (28,000 m2) for SCS in China • Regionalized manufacturing fo
Slide 46: Customer Example: Dematic Micro-Fulfillment Solution
Customer Example: Dematic Micro-Fulfillment Solution Enabling click & collect in grocery • The Dematic micro-fulfillment system is our latest Speed solution to help our customers to meet their growth strategies for omni-channel product distribution • Micro-fulfillment supports their new ‘click & col
Slide 47: Customer example: Holistic Solution for Landmark Group
Customer example: Holistic Solution for Landmark Group Largest and the most sophisticated distribution center in the Middle East Highly Intelligent & networked solution The largest retail group in the Middle East, Africa, and India, with a growing presence across Southeast Asia 74,000 2,200 3 boxes
Slide 48: Summary: Supply Chain Solutions
Summary: Supply Chain Solutions Growing the business substantially, increasing the adj. EBIT margin to 12% – 14% Accelerated market fundamentals expected to drive 1 strong growth of warehouse automation market Accelerated 2 Capture market growth in promising verticals profitable growth through an ec
Slide 49: Agenda
Agenda 1. Company Overview I. KION Group at a Glance II. Sustainability III. Industrial Trucks & Services IV. Supply Chain Solutions 2. Market Development and Business Drivers 3. Synergies and Combined Activities I. A New Era in APAC II. Mobile Automation 4. Appendix 49 KION GROUP AG | Investor Rela
Slide 50: Material Handling Market Trends
Material Handling Market Trends On its path to lights-out material handling solutions Software & Lights-out connected Micro- solutions Fleet fulfillment Big data and management New energy Autonomous analytics sources Assistance vehicles Advanced systems Sustainable robotics products Industrial truck
Slide 51: Megatrends and Expected Market Developments
Megatrends and Expected Market Developments Material handling industry benefits from attractive macro-drivers Megatrends & demand implications Long-term market growth > +10% Demand for automated Warehouse 1 E-commerce warehouse solutions automation market Emerging markets Demand for (value) trucks I
Slide 52: Material Handling Market Overview
Material Handling Market Overview Attractive long-term growth perspective Material handling – total addressable market Long-term growth Revenue in €bn CAGR 2021-27 in % 125 CAGR: 85 ~63 ~63 34 47 17 51 ~62 ~62 30 2012 2021 2027e Industrial trucks Automation systems growth set to continue, industrial
Slide 53: SCS – Market Growth by Region
SCS – Market Growth by Region Robust market fundamentals & COVID-accelerated market demands Market size by region Growth rates Revenue in €bn CAGR in % ~63 2012 – 2021 2021e – 2027e +8% > +10% +10% ~ +11% 34 14 +7% ~ +9% 17 6 12 7 4 8 +8% ~ +13% 2012 2021 2027e EMEA Americas APAC Source: Directional
Slide 54: ITS – Market Growth by Region
ITS – Market Growth by Region Global truck markets expected to grow further until 2027, but at a slower pace Market size by region Growth rates Revenue in €bn CAGR in % ~62 2012 – 2021 2021e – 2027e 51 +6% ~ +3% 21 +5% ~ +1% 30 13 15 +7% ~ +5% 9 15 8 +7% ~ +4% 2012 2021 2027e EMEA Americas APAC Sour
Slide 55: Forklift Trucks Penetration
Forklift Trucks Penetration Well positioned to capture momentum in emerging markets Regional mix ITS market Regional mix KION ITS Development potential Unit order intake split 2021 in %1 Unit order intake FY 2021 in %1 Forklift penetration2 per 1 million inhabitants 2021 South / Central Others Ameri
Slide 56: Agenda
Agenda 1. Company Overview I. KION Group at a Glance II. Sustainability III. Industrial Trucks & Services IV. Supply Chain Solutions 2. Market Development and Business Drivers 3. Synergies and Combined Activities I. A New Era in APAC II. Mobile Automation 4. Appendix 56 KION GROUP AG | Investor Rela
Slide 57: A New Era in China
A New Era in China Strategic investments to capture significant upside potential in China • China is the single largest forklift market2 with significant growth potential Growth • KION is the leading foreign player1 in China with longstanding experience in operation since 1993 in China • Comprehensi
Slide 58: A New Era in China – New Plant
A New Era in China – New Plant New production plant and R&D center New Plant R&D Center Revenue potential in €m • Production capacity of • Future “Global Center of 40,000 units for future growth Excellence for Value” 170 • Located in Jinan for counterbalance products 50 • 223,000 m² – equivalent to
Slide 59: KION Group Global Value Platform
KION Group Global Value Platform Introducing a completely new approach targeting the value segment Key features Production located at new plant in Jinan, CN Multi-brand product platform for Baoli, Linde Material Handling and STILL Modular platform for IC1- and E2-trucks Platform offers various truck
Slide 60: Important Features of the Value Platform
Important Features of the Value Platform Using modular platform and scaling drives price competitiveness Winning selling proposition • Increased price competitiveness through modular platform Truck architecture using • Reduced service time versus Chinese competitors1 modular components • Optimized p
Slide 61: A New Era in China – Sales Network
A New Era in China – Sales Network Significant network expansion and synergies with Weichai targeted Sales Channels Expected Synergies Circum-bohai • Market coverage • Cross-selling by Jing-Jin-Ji zone Sea zone expected to increase leveraging access to geographically Weichai customer base • Key econ
Slide 62: Agenda
Agenda 1. Company Overview I. KION Group at a Glance II. Sustainability III. Industrial Trucks & Services IV. Supply Chain Solutions 2. Market Development and Business Drivers 3. Synergies and Combined Activities I. A New Era in APAC II. Mobile Automation 4. Appendix 62 KION GROUP AG | Investor Rela
Slide 63: Mobile Automation Market Overview
Mobile Automation Market Overview Market for mobile automation expected to reach ~ €19.0bn by 2027 Total market size1 KION Group: (Revenue in €bn and expected CAGR) • One of the leaders in mobile automation2 ~ 19 • ~ €160m order intake in FY 2021 • 9M 2022 order intake grew ~ +63%, surpassing the FY
Slide 64: Key Mobile Automation Drivers
Key Mobile Automation Drivers Our mobile automation solutions offer highly-attractive ROI potentials Mobile Automation Drivers Attractive ROI Potential Further Customer Benefits Cost INDICATIVE (in €) Lower Lack of warehouse Manual product damage workforce Higher Cost and perfor- process stabili
Slide 65: Mobile Automation – Solution Offerings
Mobile Automation – Solution Offerings We are able to offer a broad range of solutions Bespoke Solution Small Batch Solution Serial Solution • Fully customized • Built in batches / quasi-standard • Basis of every robotics solution: • High number of customer options tried and tested standard trucks P
Slide 66: Industrializing Production of Mobile Automation Solutions
Industrializing Production of Mobile Automation Solutions Taking the necessary steps for anticipated strong market growth Pallet stacker Quicktron LoadRunner • Manual assembly replaced by • AMRs for Dematic, Linde Material • Development of high-speed, small-sized, automated production with start of
Slide 67: Agenda
Agenda 1. Company Overview I. KION Group at a Glance II. Sustainability III. Industrial Trucks & Services IV. Supply Chain Solutions 2. Market Development and Business Drivers 3. Synergies and Combined Activities I. A New Era in APAC II. Mobile Automation 4. Appendix 67 KION GROUP AG | Investor Rela
Slide 68: Executive Board of KION Group
Executive Board of KION Group Current and future members Rob Smith Hasan Dandashly Andreas Krinninger Ching Pong Quek Dr Henry Puhl Marcus A. Wassenberg Valeria Gargiulo CEO / CFO ad interim President KION SCS President KION ITS President KION ITS CTO CFO CPSO1 (starting May 1 Since 2022 Since 2021
Slide 69: Industrial Trucks
Industrial Trucks Range of products serving customer needs worldwide Examples Internal combustion (IC) counterbalance trucks • Mainly used outside Electric (E) counterbalance trucks • Mainly used inside Warehouse equipment: Rider trucks • Faster transportation of loads • Specially designed for wareh
Slide 70: Global Manufacturing Network
Global Manufacturing Network Production facilities for Industrial Trucks and Supply Chain Solutions Hamburg Dinklage Geisa Zwijndrecht Kołbaskowo Grand Rapids Jinan Offenbach Českŷ Krumlov Jingjiang Stříbro Salt Lake City Summerville Aschaffenburg Pune Suzhou Zhangzhou Reutlingen Karlstein Monterrey
Slide 71: Ownership Structure and Weichai Power Partnership
Ownership Structure and Weichai Power Partnership Weichai Power is KION’s strategic anchor shareholder Current ownership structur Weichai Power partnership • Strategic anchor shareholder Weichai • held 30% pre-IPO Free Treasury Power Co., KION float shares Ltd. investment ~53.4% ~0.1% ~46.5% • Partn
Slide 72: Key Financials
Key Financials Group figures by year (in €m) 2021 2020 2019 2018 20178 20166 2015 2014 2013 20121 Order intake 12,482 9,443 9,112 8,657 7,979 5,833 5,216 4,7715 4,489 4,590 Total revenue 10,298 8,342 8,807 7,996 7,598 5,587 5,098 4,678 4,495 4,560 Adj. EBITDA2 1,697 1,384 1,657 1,555 1,496 932 850 7
Slide 73: FY 2022 Outlook
FY 2022 We confirm the outlook provided in September KION Group Industrial Trucks & Services Supply Chain Solutions Order intake €11,600m to €12,500m €8,200m to €8,600m €3,400m to €3,900m Revenue €10,450m to €11,250m €6,800m to €7,200m €3,650m to €4,050m Adj. EBIT €200m to €310m €360m to €410m -€60m
Slide 74: Net Debt
Net Debt Increased net financial debt partially offset by lower pension liabilities Indebtedness and leverage1,2 ratios as at 30 September 2022 Comments (in €m) 2 3 3.8x2 1 Negative free cash flow increased net financial debt 2.3x1 3,590 by €428m in Q3 22 2,942 648 2 RCF-relevant leverage calculatio
Slide 75: Leverage Development and Maturity Profile
Leverage Development and Maturity Profile Leverage increased due to higher NWC needs from supply chain disruptions Leverage development1 Maturity profile and free liquidity4 as at 30 Sept 2022 (in €m) 4.4x 3.8x 3.3x 3.2x 1192 3.2x 3.1x 3.0x 5 1000 323 2.3x 2.7x 2.0x 2.0x 1.9x 132 1.6x 20 1.4x 1.5x 1
Slide 76: Credit Ratings and Refinancing Tools
Credit Ratings and Refinancing Tools Refinancing tools Corporate credit ratings Debt Issuance Program (EMTN) Agency Rating Outlook Date Program size €3bn Fitch Ratings BBB Stable 20 Oct 2022 (long-term) Bonds issued under the Debt Issuance Program Fitch Ratings F2 20 Oct 2022 Volume €500m (short-ter
Slide 77: Financial Calendar
Financial Calendar Date Event 09 January 2023 KION @ ODDO Commerzbank German Investment Seminar, New York 16 January 2023 KION @ KeplerCheuvreux German Corporate Conference, Frankfurt 02 March 2023 Publication of 2022 annual report with press conference and webcast / analyst call 27 April 2023 Quart
Slide 78: Investor Relations Contacts
Investor Relations Contacts Sebastian Ubert Vice President Investor Relations Phone: +49 (0)69 20110-7329 sebastian.ubert@kiongroup.com Raj Junginger Kathrin Böck Senior Manager Investor Relations Professional Investor Relations Phone: +49 (0)69 20110-7942 Phone: +49 (0)69 20110-7946 Raj.Junginger@k