Outlook

KION has made a positive start to 2026. Nevertheless, the current geopolitical situation as a result of the war in Iran may take its toll on the global economy, causing energy, transportation, and material costs to rise across global supply chains. KION therefore carried out commercial and operational measures during the reporting period in order to limit the associated cost impact.

As at the reporting date, the Executive Board of KION GROUP AG confirms the outlook for 2026 that was published in the 2025 annual report.

However, this assessment of the anticipated performance of the Group and its operating segments is contingent on the current geopolitical situation not giving rise to additional material adverse impacts. These impacts may arise from significant bottlenecks in KION’s supply chains – due, for example, to barriers to trade or shortages of key components – or from a decline in demand as a result of customers becoming much less willing to invest. The assessment is also contingent on the measures carried out to counter cost increases having the anticipated impact.

Outlook 2026

 

KION

Industrial Trucks & Services

Intelligent Automation Solutions

in € million

2025

Outlook
2026

2025

Outlook
2026

2025

Outlook
2026

Revenue1

11,297.2

11,400 – 12,300

8,272.5

8,200 – 8,800

3,071.4

3,200 – 3,500

Adjusted EBIT1

788.6

850 – 1,040

721.8

765 – 885

183.2

200 – 280

Free cash flow2

709.5

430 – 570

ROCE

7.7%

8.3% – 9.7%

1

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

2

The outlook 2026 was prepared in accordance with the definition of the key performance indicator free cash flow applicable from the 2026 financial year onward

Services