Comparison between actual and forecast performance
Due to the uncertain macroeconomic situation, the Executive Board of KION GROUP AG decided on April 4, 2022 to withdraw the outlook for 2022 that had been published in the 2021 annual report. A new outlook for 2022 was issued on September 13, 2022 and forms the basis for the comparison between actual and forecast performance.
The updated outlook was achieved for all of the KION Group’s key performance indicators. The Group’s order intake of €11,707.6 million was in the lower half of the target range of €11,600 million to €12,500 million. At €11,135.6 million, consolidated revenue was also within the target range of €10,450 million to €11,250 million. Adjusted EBIT amounted to €292.4 million and was thus at the upper end of the target range of €200 million to €310 million. Free cash flow came to minus €715.6 million, which was within the target range of minus €950 million to minus €700 million. ROCE was 2.9 percent, compared with a target range of 2.5 percent to 3.3 percent.
|
KION Group |
||
|---|---|---|---|
in € million |
Outlook annual report 2021 |
Outlook adjusted |
Actual business performance |
Order intake |
11,600 – 12,800 |
11,600 – 12,500 |
11,707.6 |
Revenue |
11,000 – 12,000 |
10,450 – 11,250 |
11,135.6 |
Adjusted EBIT |
1,010 – 1,150 |
200 – 310 |
292.4 |
Free cash flow |
520 – 640 |
–950 – –700 |
–715.6 |
ROCE |
11.0% – 12.0% |
2.5% – 3.3% |
2.9% |
Order intake in the Industrial Trucks & Services segment amounted to €8,425.6 million, while the target range was €8,200 million to €8,600 million. At €7,356.1 million, revenue was slightly above the target range of €6,800 million to €7,200 million. Adjusted EBIT amounted to €420.5 million, which was also higher than the target range of €360 million to €410 million.
At €3,361.9 million, the order intake of the Supply Chain Solutions segment was slightly below the target range of €3,400 million to €3,900 million. Revenue amounted to €3,806.9 million, which was within the target range of €3,650 million to €4,050 million. Adjusted EBIT came to minus €45.6 million, which was within the target range of minus €60 million to €0 million.
|
Industrial Trucks & Services |
Supply Chain Solutions |
||||||
|---|---|---|---|---|---|---|---|---|
in € million |
Outlook 2021 |
Outlook adjusted |
Actual business performance |
Outlook 2021 |
Outlook adjusted |
Actual business performance |
||
Order intake1 |
7,200 – 7,800 |
8,200 – 8,600 |
8,425.6 |
4,400 – 5,000 |
3,400 – 3,900 |
3,361.9 |
||
Revenue1 |
7,000 – 7,600 |
6,800 – 7,200 |
7,356.1 |
4,000 – 4,400 |
3,650 – 4,050 |
3,806.9 |
||
Adjusted EBIT1 |
655 – 735 |
360 – 410 |
420.5 |
465 – 525 |
–60 – 0 |
–45.6 |
||
|
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