Outlook

The KION Group has made a good start to 2025 in line with its expectations. Nevertheless, economic conditions are still subject to significant uncertainty. The intensifying international trade dispute is exacerbating geopolitical risks and their potential adverse impacts on the KION Group’s value chain and markets.

In recent years, the KION Group has steadily increased its capacity in production, research and development, and across the sales and service networks, especially in the APAC region and the Americas, in order to be better prepared for this kind of geopolitical scenario. As at the reporting date, the Executive Board of KION GROUP AG thus confirms the target figures for 2025 that it had published in the outlook section of the 2024 annual report for the Group and the two operating segments.

However, this assessment of the projected performance of the Group and its operating segments is contingent on the macroeconomic conditions not deteriorating significantly.

Outlook 2025

 

KION Group

Industrial Trucks & Services

Supply Chain Solutions

in € million

2024

Outlook
2025

2024

Outlook
2025

2024

Outlook
2025

Revenue1

11,503.2

10,900 – 11,700

8,608.8

8,100 – 8,600

2,943.2

2,800 – 3,100

Adjusted EBIT1

917.2

720 – 870

917.5

680 – 780

112.9

140 – 200

Free cash flow

702.0

400 – 550

ROCE2

8.7%

7.0% – 8.4%

1

Disclosures for the Industrial Trucks & Services and Supply Chain Solutions segments also include intra-group cross-segment revenue and effects on EBIT

2

The outlook 2025 was prepared in accordance with the definition of the key performance indicator ROCE applicable from the 2025 financial year onward

Services