Highlights Q1 2022
Significantly higher procurement costs and supply chain disruptions depress the KION Group’s earnings in the first quarter of 2022
- Order intake increases by 10.4 percent to €2.900 billion
- At €6.855 billion, the order book grows by 2.9 percent compared with the end of 2021
- Revenue increases by 15.1 percent to €2.734 billion thanks to plentiful orders on the books from the previous year
- Adjusted EBIT amounts to €170.3 million (Q1 2021: €215.0 million)
- Adjusted EBIT margin falls to 6.2 percent (Q1 2021: 9.1 percent)
- Net income for the period is down year on year at €80.2 million (Q1 2021: €137.0 million)
- Free cash flow deteriorates significantly year on year to minus €432.6 million (Q1 2021: €262.1 million)
- An outlook for 2022 is currently not possible due to the political and economic uncertainties
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