KION: The logistics specialist reports full order books and significantly increases its profitability through a [strict efficiency program]. P/E ratio of 12 seems moderate

The chronic labor shortage combined with the unbroken demand for maximum delivery speed is leading more and more companies to automate their warehouses in order to remain delivery-capable in the modern e-commerce world. KION (i) provides the necessary infrastructure. The company combines traditional material handling equipment with highly complex warehouse automation and software. This allows the company to orchestrate global supply chains and position itself as a relevant component of modern trade. The advantage of KION: customers rarely change...