Global Player and Market Leader in Europe
The KION Group is a global player. We have 30,000 employees around the world and a tightly linked distribution network. We are the largest manufacturer of industrial trucks in Europe, the second-largest producer of forklifts globally, and a leading provider of warehouse automation.
The Executive Board manages the KION Group on the basis of the following segments: Industrial Trucks & Services, Supply Chain Solutions and Corporate Services.
|in € million||2016||2015||2014|
|EBITDA adjusted 
|EBIT adjusted 
|Capital expenditures ||166.7||142.6||133.1|
|Free cash flow ||–1,850.0||332.7||305.9|
|Total R&D spending
in % of total revenue
|Net financial debt||2,903.4||573.5||810.7|
|Employees as at 31 December
(FTE, including apprentices & trainees)
 EBIT and EBITDA adjusted for PPA items and non-recurring items
 Capital expenditure including capitalised development costs, excluding leased and rental assets
 Free cash flow is defined as cash flow from operating activities plus cash flow from investing activities; Last year figures were adjusted due to a change in presentation, for details see ,Additional information of the condensed statement of cash flows’
So that it can fully cater to the needs of material handling customers worldwide, the business model of the Industrial Trucks & Services segment covers key steps of the value chain: product development, manufacturing, sales and logistics, spare parts business, truck rental and used trucks, fleet management and financial services that support the core industrial truck business.
The segment operates a multi-brand strategy involving the three international brands Linde, STILL and Baoli plus the national brands Fenwick, OM STILL and Voltas.
The Supply Chain Solutions segment, with its Dematic operating unit, is a strategic partner to customers in a variety of industries, supplying them with integrated technology and software solutions with which to optimise their supply chains. Manual and automated solutions are provided for all functions along customers’ supply chains, from goods inward and multishuttle warehouse systems to picking and value-added packing. Through its Dematic, Egemin Automation and Retrotech brand companies, this segment is primarily involved in customer-specific, longer-term project business.
With global resources, ten production facilities worldwide and regional teams of experts, Dematic is able to plan and deliver logistics solutions with varying degrees of complexity anywhere in the world.
The Corporate Services segment comprises the other activities of the holding and service companies in the KION Group. The service companies provide services for all segments in the KION Group.
The bulk of the total revenue in this segment is generated by internal IT and logistics services.