Highlights of Q1 – Q3 2021
KION Group remains on course for success following a very strong nine-month period
- Order intake increases by 33.9 percent to €8.989 billion
- At €5.981 billion, the order book grows by 34.7 percent compared with the end of 2020
- Revenue rises by 25.6 percent to €7.534 billion
- Adjusted EBIT almost doubles to €691.1 million
- Adjusted EBIT margin improves by 3.1 percentage points to 9.2 percent
- Net income for the period increases very significantly year on year to €430.8 million (Q1–Q3 2020: €132.5 million)
- Free cash flow is also up year on year at €134.7 million (Q1–Q3 2020: minus €114.3 million)
- KION Group believes that it is well positioned in terms of its outlook for 2021
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