Highlights of the second quarter of 2017

KION Group maintains profitable growth in the second quarter

  • The KION Group continues its strong growth, both organically and as a result of the Dematic acquisition
  • Value of order intake increases to €1.971 billion
  • Significant growth in revenue to €2.016 billion
  • Adjusted EBIT margin improves to 10.6 per cent
  • Net income for the period rises to €108.2 million
  • Strong free cash flow of €100.6 million in the first half of the year
  • Outlook for 2017 confirmed

Successful capital increase and Dematic integration

  • KION Group successfully completes capital increase – gross proceeds of around €603 million
  • Integration of Dematic continues to make very good progress
  • New KION Group including Dematic makes successful appearance at ProMat trade show in the US
  • Rating agency Standard & Poor’s raises the KION Group’s credit rating to BB+ with a stable outlook
  • KION Group pays its highest dividend ever of €0.80 per share