Revenue
External revenue generated by the KION Group amounted to €5,587.2 million, an increase of 9.6 per cent on the 2015 figure of €5,097.9 million. The share accounted for by the Supply Chain Solutions segment was €364.7 million or 6.5 per cent. Currency effects reduced revenue by €105.2 million. Overall, the proportion of groupwide external revenue accounted for by services was 43.7 per cent (2015: 44.6 per cent). > TABLE 017
Revenue with third parties by product category |
017 |
||
in € million |
2016 |
2015 |
Change |
Industrial Trucks & Services |
5,200.5 |
5,044.4 |
3.1% |
New business |
2,860.3 |
2,779.9 |
2.9% |
Service business |
2,340.2 |
2,264.5 |
3.3% |
– Aftersales |
1,363.8 |
1,347.0 |
1.2% |
– Rental business |
558.3 |
524.1 |
6.5% |
– Used trucks |
285.8 |
270.4 |
5.7% |
– Other |
132.4 |
122.9 |
7.7% |
Supply Chain Solutions |
364.7 |
33.0 |
> 100% |
Business Solutions |
263.9 |
25.7 |
> 100% |
Service business |
100.7 |
7.4 |
> 100% |
Corporate Services |
22.1 |
20.5 |
7.7% |
Total revenue |
5,587.2 |
5,097.9 |
9.6% |
Revenue by customer location
The increase in revenue in the KION Group was predominantly attributable to the sound performance of the Industrial Trucks & Services segment in western Europe, particularly in France, Italy and Germany. The segment’s revenue in eastern Europe also grew substantially. The significant rise in revenue in North America was mainly attributable to the Supply Chain Solutions segment and its pro rata contribution to revenue from Dematic. Based on the KION Group as a whole, 23.3 per cent of external revenue in the reporting period (2015: 24.7 per cent) was accounted for by fast-growing markets. Overall, 76.4 per cent of revenue (2015: 75.0 per cent) was generated outside Germany. > TABLE 018
Revenue with third parties by customer location |
|
|
018 |
in € million |
2016 |
2015 |
Change |
Western Europe |
3,982.7 |
3,724.1 |
6.9% |
Eastern Europe |
459.6 |
432.0 |
6.4% |
Middle East and Africa |
100.3 |
92.9 |
7.9% |
North America |
295.9 |
119.6 |
> 100% |
Central and South America |
148.6 |
143.4 |
3.6% |
Asia-Pacific |
600.1 |
585.8 |
2.4% |
Total revenue |
5,587.2 |
5,097.9 |
9.6% |