Highlights of Q1 – Q2 2021
KION Group delivers significantly improved results in the first half of 2021 and has raised its outlook
- Order intake increases by a substantial 33.7 percent to €5.882 billion compared with the prior-year period
- At €5.409 billion, the order book grows by 21.8 percent compared with the end of 2020
- Revenue rises by 26.5 percent to €4.968 billion
- Adjusted EBIT more than doubles to €462.2 million (H1 2020: €204.8 million)
- Adjusted EBIT margin recovers by more than 4 percentage points to 9.3 percent
- Net income for the period increases to €291.2 million (H1 2020: €50.6 million)
- Free cash flow of €301.5 million (H1 2020: minus €219.6 million) strengthens the Group’s financial position
- Outlook for the financial year 2021 raised for almost all target figures
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