Level of orders

The value of order intake for the KION Group came to €2,444.3 million in the first quarter of 2023, which was 15.7 percent lower than the very high figure for the equivalent period of 2022 (Q1 2022: €2,900.1 million).

The Industrial Trucks & Services segment’s order intake amounted to €1,956.5 million and was therefore slightly down on the figure for the prior-year period (€2,082.1 million). As expected, the segment was unable to match the very high order numbers for new trucks achieved in the prior year, whereas order intake rose in the service business.

In the Supply Chain Solutions segment, order intake fell sharply by 41.0 percent to €497.5 million (Q1 2022: €843.2 million). This was mainly due to the steep decline in the project business (business solutions). The service business continued to perform well and registered an increase in order volume compared with the prior-year period.

With a volume of €6,686.6 million, the KION Group’s order book was still very full at the end of the first quarter of 2023 (December 31, 2022: €7,077.8 million).