Kion FY op profit rises as restructuring pays off

Newswire

FRANKFURT, Feb 15 (Reuters) - German forklift truck maker Kion on Friday reported a 31-percent rise in 2007 adjusted operating profit, benefiting from a restructuring programme and from strong sales growth in Europe and Asia. Adjusted for one-off items, preliminary earnings before interest, tax and amortisation (EBITA) rose to 321 million euros ($471 million) from 244 million euros a year earlier on net sales of 4.3 billion euros, up 10 percent, Kion said. Growth drivers were markets in ...

Premium Content (PAID Subscription Required)

"Kion FY op profit rises as restructuring pays off" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×