[15] Earnings per share

Basic earnings per share (€2.33; 2022: €0.75) is calculated by dividing the net income accruing to the KION GROUP AG shareholders by the weighted average number of shares outstanding during the reporting year (2023: 131.1 million no-par-value shares; 2022: 131.1 million no-par-value shares). The net income accruing to the shareholders of KION GROUP AG was €305.8 million in 2023 (2022: €98.0 million).

Diluted earnings per share (€2.33; 2022: €0.75) is calculated by adding potentially dilutive no-par-value shares to the weighted average number of shares outstanding during the reporting year; there were no such shares in 2023. The calculation of diluted earnings per share was based on a weighted average of 131.1 million no-par-value shares issued (2022: 131.1 million no-par-value shares).