Revenue

Consolidated revenue went up by 13.0 per cent to €2,083.4 million (Q1 2018: €1,843.3 million). External revenue in the Industrial Trucks & Services segment rose by 10.2 per cent to €1,507.9 million (Q1 2018: €1,367.7 million), with new truck business making up a disproportionately large share of this total. The Supply Chain Solutions segment also saw a significant rise (21.0 per cent) in external revenue to reach €568.4 million (Q1 2018: €469.8 million), primarily thanks to the strong performance of the project business (business solutions). As a result, the share of consolidated revenue attributable to the service business decreased to 42.2 per cent (Q1 2018: 43.9 per cent). Currency effects also had only a small positive impact on the KION Group’s consolidated revenue, increasing it by €24.8 million. > TABLE 02

Revenue by sales region

A large part of the rise in revenue in the Industrial Trucks & Services segment was attributable to Western and Eastern Europe. In the Asia-Pacific region, the KION Group kept pace with market growth. The Americas region (North, Central and South America) registered substantial growth despite the contraction of the market. The Supply Chain Solutions segment notched up significant revenue increases across all of its main sales regions. Fast-growing markets accounted for 19.5 per cent of the KION Group’s revenue in the reporting period (Q1 2018: 19.5 per cent). A total of 80.3 per cent of revenue (Q1 2018: 80.9 per cent) was generated outside Germany. > TABLE 03