Level of orders
Despite increasingly challenging market conditions, the order intake of the KION Group increased by 2.6 per cent to €6,534.5 million in the reporting period (Q1 – Q3 2018: €6,369.3 million). Although the market as a whole contracted, order intake in the Industrial Trucks & Services segment rose by a solid 2.0 per cent to €4,577.5 million (Q1 – Q3 2018: €4,486.4 million). In the Supply Chain Solutions segment, order intake for the nine-month period increased by 4.2 per cent to reach €1,947.6 million (Q1 – Q3 2018: €1,868.9 million) thanks to a sharp rise in the third quarter. This was helped by significant orders secured from new customers in the European and Asian markets during the reporting quarter. Currency effects had a positive impact on the value of the KION Group’s overall order intake, raising it by €65.1 million. These effects were predominantly due to the US dollar being stronger on average during the year. At €3,366.9 million, the Group’s order book had grown by 2.0 per cent compared with the end of 2018 (31 December 2018: €3,300.8 million).