Outlook

The KION Group delivered a solid business performance overall in the first half of 2025. Nevertheless, the current economic conditions are still subject to significant uncertainty. The ongoing international trade disputes have exacerbated geopolitical risks and their potential adverse impact on the KION Group’s value chain and sales markets.

As at the reporting date, the Executive Board of KION GROUP AG 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 there being no significant disruption to the KION Group’s supply chains as a result of trade barriers, especially tariffs and restrictions on access to critical commodities.

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