Highlights of Q1 – Q3 2023

KION Group delivers strong earnings and free cash flow in the first nine months of 2023 and updates its outlook

• Revenue comes to €8.347 billion (Q1–Q3 2022: €8.243 billion)
• Adjusted EBIT more than doubles to €571.9 million (Q1–Q3 2022: €210.6 million)
• Adjusted EBIT margin rises to 6.9 percent (Q1–Q3 2022: 2.6 percent)
• Strong free cash flow at €329.3 million (Q1–Q3 2022: minus €971.9 million)
• Outlook for 2023 updated
• Sustainability: MSCI increases the KION Group’s ESG rating to AAA