Highlights of Q1 2021
KION Group makes a good start to 2021
- Total value of order intake increases by 26.2 percent to €2.626 billion
- At €4.787 billion, the order book grows by 7.8 percent compared with the end of 2020
- Revenue rises by 17.1 percent to €2.375 billion
- Adjusted EBIT jumps by 49.2 percent to €215.0 million
- Adjusted EBIT margin improves by 2 percentage points to 9.1 percent
- Net income for the period increases to €137.0 million (Q1 2020: €67.8 million)
- Free cash flow is also up significantly year on year at €262.1 million (Q1 2020: minus €222.1 million)
- KION Group adheres to the targets in the outlook for the full year 2021
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