Press Releases

Silke Glitza-Stamberger takes charge of Business Development / Mergers & Acquisitions and Investor Relations at the KION Group

Emerging markets becoming increasingly important for KION Group

• Order intake in the first nine months of 2011 rises by roughly a quarter to €3.5 billion
• Revenue compared with the corresponding period of 2010 grows by 27 per cent to €3.2 billion
• EBIT[1] margin reaches 8.2 per cent in the first nine months of 2011
• KION Group supplies almost 30 per cent of its new trucks to emerging markets

John Feldmann new chairman of KION Group supervisory board

KION Group Supervisory Board extends contract of CFO Harald Pinger

The Supervisory Board of the KION Group GmbH has decided to extend the contract of Harald Pinger as a member of the Executive Board for a further four years. This means that Pinger (51) will remain CFO of the KION Group until 31 July 2016.

KION Group continues to expand its footprint in Eastern Europe

• Greater direct access to the Russian market
• Leading position in Eastern Europe strengthened
• Strategic focus on fast-growing markets

Otmar Hauck appointed new COO of Linde Material Handling GmbH

• Heinz Baumgarten to take on new corporate responsibilities at KION
• Otmar Hauck will carry out his new duties in addition to his responsibilities as COO of the KION Group GmbH

KION Group's profitable growth continues in 2nd quarter of 2011

• Order intake in first half of 2011 climbs by 28 per cent to €2.4 billion
• Revenue increases by 31 per cent to €2.1 billion compared to corresponding period of 2010
• EBIT[1] margin (without profit from investments) rises to 7.9 per cent

Klaus Hofer to join the Executive Board of the KION Group

• Responsible for Human Resources, Legal and Internal Audit
• Also appointed as Labour Relations Director

KION Group plans further consolidation of its European plants

• Competitiveness of KION’s European manufacturing base to be continuously improved to ensure long term stability
• European manufacturing of warehouse trucks should concentrate on two sites
• Production of STILL and OM counterbalance trucks to be consolidated

New chairman of the KION Group Supervisory Board

Johannes Huth takes over from Manfred Wennemer

KION Group starts 2011 with a strong first quarter

• Order intake rises to around €1.2 billion, up 37 per cent compared to Q1 2010
• Revenue increases by 38 per cent to over €1.0 billion
• Adjusted EBITDA[1] more than doubles to €149 million
• Adjusted EBIT[1] margin has risen steadily since Q2 2010 to reach 7.3 per cent in Q1 2011

Thomas Toepfer appointed STILL GmbH's new CFO

Karl-Heinz Birkner to take on a new corporate role at KION

KION Group successfully places € 500 million senior secured notes

NOT FOR DISTRIBUTION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

New KION plant in South America to manufacture IC trucks

Construction is set to start on the KION Group's second production plant in South America, which will manufacture industrial trucks for the KION brands STILL and Linde.

KION Group announces launch of senior notes offering

NOT FOR DISTRIBUTION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

KION Group Supervisory Board extends Gordon Riske's contract

The Supervisory Board of KION Group GmbH has decided to extend the contract of Chief Executive Officer Gordon Riske (53) by a further four years. Riske will therefore remain in charge of the KION Group until 30 September 2015.

KION Group generates strong growth in 2010

• Order intake increases by 27.5 per cent to around €3.9 billion
• Net revenue rises to more than €3.5 billion, up 14.6 per cent
• EBITDA[1] up 48.7 per cent to €462 million following strong 3rd and 4th quarters
• KION benefits from strong position in high-growth markets

KION Group and Voltas Limited join forces in India

• Joint venture for material handling equipment established
• Poised to expand position in an attractive growth market
• KION Group's sixth brand
• Partnership will give Voltas technology leadership