Segment report

The Executive Board, as the chief operating decision-maker (CODM), manages the KION Group on the basis of the following segments: Industrial Trucks & Services, Supply Chain Solutions, and Corporate Services. The segments have been defined in accordance with the KION Group’s organizational and strategic focus.

The KPIs used to manage the segments are order intake, revenue, and adjusted EBIT. Segment reporting therefore includes a reconciliation of externally reported consolidated earnings before interest and tax (EBIT) – including effects from purchase price allocations and non-recurring items – to the adjusted EBIT for the segments.

The following tables show information on the KION Group’s operating segments for the first quarter of 2022 and for the first quarter of 2021.

(XLSX:) Download

Segment report Q1 2022

in € million

Industrial Trucks & Services

Supply Chain Solutions

Corporate Services

Consolidation / Reconciliation

Total

Revenue from external customers

1,716.3

1,017.7

0.5

–

2,734.5

Intersegment revenue

2.1

52.1

–56.4

–

Total revenue

1,718.4

1,019.8

52.7

–56.4

2,734.5

Earnings before tax

89.3

43.0

–3.9

–13.4

115.0

Net financial expenses

3.9

–9.2

2.5

–

–2.8

EBIT

85.3

52.2

–6.4

–13.4

117.8

+ Non-recurring items

28.4

0.2

1.9

–

30.5

+ PPA items

0.4

21.6

0.0

–

22.1

= Adjusted EBIT

114.2

74.0

–4.6

–13.4

170.3

Segment assets

11,846.8

6,245.9

2,335.7

–4,079.8

16,348.7

Segment liabilities

8,238.6

3,081.9

3,634.0

–4,079.3

10,875.2

Capital expenditure¹

57.7

19.7

4.1

–

81.4

Amortization and depreciation²

38.9

11.8

4.0

–

54.6

Order intake

2,082.1

843.2

52.7

–77.9

2,900.1

Order book

3,192.8

3,695.4

–

–33.6

6,854.6

Number of employees³

27,921

11,491

1,107

–

40,519

1	Capital expenditure including capitalized development costs, excluding right-of-use assets
2	On intangible assets and property, plant and equipment (excluding right-of-use assets and PPA items)
3	Number of employees (full-time equivalents) as at Mar. 31, 2022; allocation according to the contractual relationships

(XLSX:) Download

Segment report Q1 2021

in € million

Industrial Trucks & Services

Supply Chain Solutions

Corporate Services

Consolidation / Reconciliation

Total

Revenue from external customers

1,516.1

856.5

2.5

–

2,375.1

Intersegment revenue

2.6

4.1

41.2

–47.9

–

Total revenue

1,518.7

860.7

43.7

–47.9

2,375.1

Earnings before tax

125.6

73.0

–13.7

–1.5

183.5

Net financial expenses

–5.5

–7.5

2.9

–

–10.0

EBIT

131.1

80.5

–16.6

–1.5

193.5

+ Non-recurring items

–0.5

0.6

0.4

–

0.5

+ PPA items

0.4

20.6

0.0

–

21.0

= Adjusted EBIT

131.0

101.7

–16.2

–1.5

215.0

Segment assets

10,938.6

5,647.8

2,111.3

–4,008.7

14,689.0

Segment liabilities

7,724.6

2,680.6

3,621.7

–4,004.9

10,022.0

Capital expenditure¹

43.1

11.6

3.3

–

58.0

Amortization and depreciation²

34.5

10.5

3.5

–

48.4

Order intake

1,800.4

829.8

43.7

–47.5

2,626.3

Order book

1,659.2

3,132.8

–

–5.4

4,786.6

Number of employees³

26,464

9,426

910

–

36,800

1	Capital expenditure including capitalized development costs, excluding right-of-use assets
2	On intangible assets and property, plant and equipment (excluding right-of-use assets and PPA items)
3	Number of employees (full-time equivalents) as at Mar. 31, 2021; allocation according to the contractual relationships

Frankfurt am Main, April 27, 2022

The Executive Board

Segment report

Related links