Revenue

The KION Group’s consolidated revenue increased by 2.4 per cent to €1,843.3 million (Q1 2017: €1,801.0 million). Currency effects reduced revenue in the two operating segments by a total of €83.2 million. The share of consolidated revenue attributable to the service business stood at 43.9 per cent (Q1 2017: 43.1 per cent). In the Industrial Trucks & Services segment, revenue generated from external customers went up by 4.1 per cent to €1,367.7 million (Q1 2017: €1,313.8 million). External revenue in the Supply Chain Solutions segment, at €469.8 million, fell just short of the prior-year figure (Q1 2017: €480.9 million); after adjusting for currency effects, however, the segment’s revenue rose. > TABLE 02

Revenue by customer location

The Industrial Trucks & Services segment generated substantial increases in revenue across all sales regions. The EMEA region accounted for the largest proportion of the increase in absolute terms. In the Supply Chain Solutions segment, an increase in revenue in North America consolidated the segment’s strong position in this market. However, the weaker US dollar weighed particularly heavily on revenue growth in this region. Fast-growing markets accounted for 19.5 per cent of the KION Group’s revenue in the reporting period (Q1 2017: 20.2 per cent) and 80.9 per cent of revenue (Q1 2017: 81.5 per cent) was generated outside Germany. > TABLE 03