Revenue

The consolidated revenue reported by the KION Group rose by 2.4 per cent compared with the first nine months of the previous year (Q1 – Q3 2017: €5,634.7 million) to stand at €5,770.3 million. Excluding negative currency effects of €166.3 million, revenue growth was 5.4 per cent. The share of consolidated revenue attributable to the service business increased from 42.1 per cent in the prior-year period to 43.5 per cent.

Revenue with third parties in the Industrial Trucks & Services segment was up by 5.2 per cent to €4,231.9 million (Q1 – Q3 2017: €4,022.6 million), but was squeezed by temporary bottlenecks at individual suppliers. At €1,519.9 million, revenue in the Supply Chain Solutions segment was down by 4.7 per cent on the prior-year level (Q1 – Q3 2017: €1,594.5 million) owing to delays in the awarding of projects by customers in previous quarters. Adjusted for currency effects, however, the segment’s revenue increased by 0.6 per cent. > TABLE 02

Revenue by sales region

In the EMEA and APAC sales regions, the revenue of the Industrial Trucks & Services segment was significantly higher than in the corresponding prior-year period, especially in the third quarter. This positive trend was partly due to the measures initiated in the first half of the year to counteract the bottlenecks at individual suppliers. Despite delays in the awarding of projects by customers in previous quarters, the revenue of the Supply Chain Solutions segment rose in North America and thereby consolidated the segment’s strong market position. Fast-growing markets accounted for 20.0 per cent of the KION Group’s revenue in the reporting period (Q1 – Q3 2017: 20.7 per cent). A total of 80.9 per cent of revenue (Q1 – Q3 2017: 82.2 per cent) was generated outside Germany. > TABLE 03