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Investing.com -- KION Group has reduced its expected one-time expenses for its efficiency program to between €170 million and €190 million, down from the previously announced range of €240 million to €260 million.
The company noted that a significant portion of these restructuring costs will only become cash-effective in the first quarter of 2026, which will positively impact both free cash flow and net income for 2025.
As a result of these changes, KION has raised its 2025 free cash flow outlook to between €600 million and €700 million, up from the earlier guidance of €400 million to €550 million.
The expected annual cost savings from the efficiency program remain largely unchanged at approximately €140 million to €150 million.
KION shares rose 1.7% following the announcement.
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