Financial position and financial performance

Overall, the KION Group delivered a solid business performance in the first nine months of 2025. Starting from a lower order book position at the beginning of the year, consolidated revenue was slightly below the figure for the corresponding prior-year period. The Group’s adjusted EBIT and the adjusted EBIT margin also decreased year on year, largely due to the decline in revenue and the fall in the gross margin on new business in the Industrial Trucks & Services segment. Profitability in the Supply Chain Solutions segment, on the other hand, saw a marked uptrend. The KION Group once again generated a high level of free cash flow in the first nine months of 2025.

Significant progress has been made under the efficiency program signed off by the Executive Board of KION GROUP AG on February 4, 2025 (‘efficiency program’). The program is aimed at making changes to the organizational structures in the EMEA region for the affected non-production areas of the Industrial Trucks & Services segment and in Corporate Services. A large proportion of the total expected expenses from implementation of the program was recognized as non-recurring items in the reporting period. The expenses are expected to decrease to €170 million to €190 million, which is lower than originally anticipated (previously: €240 million to €260 million). The cost savings from the efficiency program for the following years are now expected to remain nearly unchanged at around €140 million to €150 million.