Level of orders

At €7,505.9 million, the value of the KION Group’s order intake in the first nine months of 2024 was lower than in the prior-year period (Q1–Q3 2023: €7,913.6 million).

Changes in the product and country mix in new business caused the value of new orders in the Industrial Trucks & Services segment to fall by 2.6 percent to €5,566.3 million (Q1–Q3 2023: €5,713.9 million). Nevertheless, the actual number of new trucks ordered was at virtually the same level as in the prior-year period, with a sharp rise in unit sales in the APAC region balanced out by a moderate decline in order volume in the core EMEA market and a significant drop in the Americas region. There was encouraging growth in the service business, however.

In the Supply Chain Solutions segment, order intake for the first nine months of the year came to €1,954.6 million (Q1–Q3 2023: €2,227.7 million). This decrease of 12.3 percent was attributable to weak demand in the project business (business solutions) in the second and third quarters. However, there was at least a noticeable recovery in the customer segment encompassing pure e-commerce providers. The volume of orders in the high-margin service business (customer services), which consists of the modernization, expansion, and maintenance of existing customer installations, including the supply of spare parts, rose again slightly compared with the already high level of the prior-year period.

The KION Group’s order book had contracted to €4,804.4 million as at September 30, 2024 (December 31, 2023: €6,045.2 million*).

* The figure for the Group’s order book as at the end of 2023 was retrospectively reduced by €316.9 million due to a definition-related adjustment in the service business of the Supply Chain Solutions segment