Strong third quarter thanks to buoyant growth in western Europe and Asia
Order intake up by more than 9 per cent in third quarter
In terms of the number of new trucks, the KION Group outperformed the global market between July and September, driven by growth in western Europe, Asia and eastern Europe
Revenue for the quarter rises by more than 5 per cent year on year
Further improvement in profitability: adjusted EBIT margin climbs to 9.8 per cent in third quarter
Free cash flow raised by more than 50 per cent in third quarter
KION GROUP AG joins the MDAX
KION shares more visible and attractive to investors following promotion to mid-cap segment
Increased liquidity of KION shares after free float rises to almost 40 per cent
Broad majority of analysts recommend KION GROUP AG shares as a ‘buy’