Highlights of the second quarter of 2016

KION Group remains firmly on a path of profitable growth

  • Total value of order intake improves by more than 8 per cent
  • Order book grows by almost 17 per cent
  • Revenue for the quarter rises by 7 per cent year on year
  • Adjusted EBIT goes up by roughly 21 per cent
  • Adjusted EBIT margin reaches 10.5 per cent, the highest level ever for a second quarter
  • Net income rises by almost 22 per cent

KION Group prepares for the future by acquiring Dematic

  • Acquisition of Dematic creates a world-leading provider of cutting-edge material handling solutions
  • KION Group will offer a complete portfolio of material-handling solutions in future
  • Dematic generated revenue of €1.6 billion and adjusted EBIT of around €150 million in the 2015 calendar year
  • KION Group will be able to use the acquisition to strengthen its foothold in the Americas while continuing to drive business in Europe and Asia
  • Transaction expected to be completed in the fourth quarter of 2016