Highlights of the second quarter of 2018
KION Group confirms positive trend with a sharp rise in orders
- Sustained high demand in fast-growing core markets
- Supply Chain Solutions attracts record level of new orders worth €874.2 million in the second quarter
- Total value of order intake for the Group rises by 23 per cent to €2.424 billion; order book up significantly on 31 December 2017 at €3.060 billion
- Revenue increases by 1.5 per cent to €2.031 billion
- Adjusted EBIT margin stands at 9.2 per cent
- Net income for the period of €79.3 million
- Significant negative exchange rate effect among others from US dollar
- Outlook for 2018 confirmed
- Anke Groth became the new Chief Financial Officer and Labour Relations Director on 1 June 2018
- Susanna Schneeberger appointed as Chief Digital Officer from 1 October 2018