Highlights of the second quarter of 2014
Strong second quarter thanks to buoyant growth in the core market of western Europe
- Order intake up by more than 11 per cent in second quarter
- Order book increases by over 20 per cent in first six months
- In terms of the number of new trucks, the KION Group outperformed the global market in second quarter, driven by growth in western Europe, China and eastern Europe
- Second-quarter revenue in line with high prior-year figure
- Increased profitability: adjusted EBIT margin rises to 9.6 per cent in second quarter
Almost 40 per cent of KION shares now in free float
- At first anniversary of IPO, free float reaches 39.6 per cent following further placement in June
- Strong performance in first year after stock market flotation
- Majority of analysts recommend KION Group shares as a buy