XTRA:KGXMachinery
KION GROUP (XTRA:KGX) Profit Margins Decline to 2%, Undercutting Bullish Growth Narrative
KION GROUP (XTRA:KGX) saw earnings decline by 6% per year over the past five years, with current net profit margins at 2% versus 2.9% a year ago. Looking forward, earnings are forecast to grow at a rapid 37.74% annually over the next three years, which is more than double the German market’s expected 16.7% per year. However, revenue projections of 5.6% trail the broader market. Investors are likely to weigh the recent contraction in profit margins and the multi-year decline in earnings...