Highlights of Q1 – Q2 2023
KION Group increases profitability in the first half of the year and raises outlook
- Group benefits from the strong performance of the ITS segment in the first six months of 2023
- Revenue rises to €5.617 billion (H1 2022: €5.537 billion)
- Adjusted EBIT reaches €348.3 million (H1 2022: €311.7 million)
- Adjusted EBIT margin improves to 6.2 percent (H1 2022: 5.6 percent)
- Free cash flow increases to €228.8 million (H1 2022: minus €591.5 million)
- Outlook raised for the Group and the ITS segment