Comparison between actual and forecast growth

The KION Group’s order intake of €8,656.7 million was above the upper end of the target range (€8,050 million to €8,550 million), while the revenue of €7,995.7 million was in the middle (target range: €7,700 million to €8,200 million). The adjusted EBIT of €789.9 million was also within the specified bounds (target range: €770 million to €835 million). Higher advance payments from customers in the project business meant that the free cash flow of €519.9 million was significantly higher than anticipated (target range: €410 million to €475 million). At 9.3 per cent, ROCE was as predicted (target range: 8.7 per cent to 9.7 per cent). In the Industrial Trucks & Services segment, order intake and revenue exceeded expectations, while adjusted EBIT was at the lower end of the target range due to the temporary supply bottlenecks during the year. The results achieved in the Supply Chain Solutions segment for revenue and adjusted EBIT were also around the lower end of their respective target range. Order intake exceeded the top end of the target range because the strong level of incoming orders for customer projects in recent quarters continued into the fourth quarter. > TABLES 008 – 009