Highlights of the first quarter of 2015
Sustained momentum in the first quarter thanks to western Europe and China
- Order intake up by 7 per cent in the first quarter
- From January to March, the KION Group grew faster than the global market in terms of unit sales
- Revenue for the quarter rose by 7 per cent year on year
- Profitability in line with the prior-year figure: adjusted EBIT margin in the first quarter was 8.0 per cent
- Free cash flow improved by 12 per cent in the first quarter
Free float increases: KION shares now even more tradable
- Following Superlift’s placement of all of its shares, free float increased to more than 61 per cent
- Share price reaches record highs in March
- Broad majority of analysts recommend KION GROUP AG shares as a ‘buy’