Highlights of the third quarter of 2014
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’