Despite difficult conditions, the KION Group achieves good order intake and revenue in the first half of the year
Continued high demand despite macroeconomic uncertainties
Compared to the previous year, order intake increases by 13.1 percent to € 6.655 billion
Order book increases by 19.3 percent to € 7.941 billion compared with the end of 2021
Revenue up by 11.4 percent to € 5.537 billion compared to the previous year
At €311.7 million, adjusted EBIT is significantly lower than the previous year (€462.2 million) due to disruptions in supply chains and higher cost of material, energy and logistics
Adjusted EBIT margin down to 5.6 percent (H1 2021: 9.3 percent)
Net income at €159.8 million, down from previous year (€291.2 million)
Free cash flow of minus €591.5 million significantly below previous year’s level (€301.5 million)
KION Group intends to issue an outlook for 2022 later in the year
