Based on its positive business situation and financial performance in the year to date, the KION Group anticipates that it will achieve the raised targets for 2021 that it announced in the middle of the year. This is despite growing challenges in global procurement markets. Given that the order situation remains very healthy in both segments, the KION Group expects order intake at both Group level and individual segment level to be at the upper end of the target range. Despite the current situation in the procurement markets, the KION Group believes that it is well positioned within the target ranges for the key performance indicators revenue, adjusted EBIT, free cash flow, and ROCE.
The order intake of the KION Group is expected to be between €10,650 million and €11,450 million. The target figure for consolidated revenue is in the range of €9,700 million to €10,300 million. The target range for adjusted EBIT is €810 million to €890 million. Free cash flow is expected to be in a range between €450 million and €550 million. The target figure for ROCE is in the range of 9.0 percent to 10.0 percent.
Order intake in the Industrial Trucks & Services (ITS) segment is expected to be between €6,850 million and €7,250 million. The target figure for revenue is in the range of €6,250 million to €6,550 million. The target range for adjusted EBIT is €525 million to €565 million.
The expectation for order intake in the Supply Chain Solutions (SCS) segment is between €3,800 million and €4,200 million. The target figure for revenue is in the range of €3,450 million to €3,750 million. The target range for adjusted EBIT is €385 million to €425 million.
Even though the outlook remains positive, there is still uncertainty in the economic environment. The KION Group particularly sees risks in relation to commodity prices and the availability of intermediate products.