Outlook

Based on business performance in the period under review and the current level of orders, the Executive Board of KION GROUP AG has refined its outlook for 2026 that was published in the 2025 annual report with regard to revenue, adjusted EBIT, and ROCE. The expectations for the Group have been firmed up within the forecast ranges that were originally published. The Executive Board has also refined the forecast range for the Group’s free cash flow, slightly lowering the bottom end of the range.

This assessment of the anticipated performance of the Group and its operating segments remains contingent on the current geopolitical situation not giving rise to any 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 the cost increases caused by the Iran war having the anticipated impact.