Highlights of the third quarter of 2016

KION Group reports solid quarterly results

  • Total value of order intake goes up by around 6 per cent
  • Order book grows by more than 20 per cent
  • Revenue for the quarter rises by nearly 4 per cent year on year
  • Adjusted EBIT improved by more than 4 per cent
  • Adjusted EBIT margin reaches 9.9 per cent
  • Net income increases by around 36 per cent
  • Outlook for 2016 confirmed

Closing of Dematic acquisition proceeding according to plan

  • Successful capital increase in July for the partial financing of the acquisition generates gross proceeds of €459 million
  • Preparations for the integration of Dematic into the KION Group got under way as soon as the deal was signed
  • Transaction expected to be closed in the fourth quarter of 2016
  • Upon closing, the KION Group will have a unique and comprehensive product portfolio