Comparison between actual and forecast performance

The KION Group firmed up its full-year projections within the original ranges that it had set out in the outlook within the 2023 annual report twice over the course of 2024, most recently when the quarterly statement for the third quarter of 2024 was published.

The Group achieved all of the projections made in the most recently updated outlook for 2024, and in some cases exceeded them. At €11,503.2 million, revenue was within the projected range of €11,400 million to €11,600 million. Adjusted EBIT came to €917.2 million, which was higher than the projected range of €850 million to €910 million. The free cash flow of €702.0 million was also above the target range of €570 million to €650 million. At 8.7 percent, ROCE was at the upper end of the projected range of 8.1 percent to 8.7 percent.

With revenue of €8,608.8 million, the Industrial Trucks & Services segment achieved the upper end of the projected range of €8,500 million to €8,600 million. Adjusted EBIT was also within the target range of €870 million to €920 million, reaching €917.5 million.

The revenue of €2,943.2 million in the Supply Chain Solutions segment was within the target range of €2,900 million to €3,000 million. Adjusted EBIT came to €112.9 million, which was also in line with the projected range of €100 million to €120 million.