Highlights of Q1 – Q3 2019
KION Group maintains profitable growth and reports robust results for the nine-month period
- Total value of order intake goes up by 2.6 per cent to €6.534 billion
- Revenue jumps by 13.1 per cent to €6.524 billion
- Adjusted EBIT rises sharply by 16.2 per cent to €624.7 million
- Adjusted EBIT margin improves by 0.3 percentage points to 9.6 per cent
- Net income for the period increases by a substantial 39.0 per cent to €338.9 million
- Free cash flow amounts to €53.0 million
- Outlook for 2019 confirmed
- Ching Pong Quek reappointed as Chief Asia Pacific Officer of KION GROUP AG with effect from July 2020