KION Group quantifies its outlook for 2020

2020-10-20 / 11:38:29

Disclosure of inside information pursuant to article 17 of Regulation (EU) No. 596/2014

KION Group quantifies its outlook for 2020

Frankfurt/Main, 20 October 2020

The Executive Board of KION GROUP AG decided today to quantify the outlook for 2020. It currently anticipates that the key performance indicators for 2020 of the KION GROUP AG as a whole and of the Industrial Trucks & Services segment and the Supply Chain Solutions segment will be in the following ranges:

  Outlook 2020
from
Outlook 2020
to
Act FY 2019
KION Group  
Order intake: €8,900 million €9,600 million €9,112 million
Revenue: €7,850 million €8,450 million €8,807 million
Adjusted EBIT: €465 million €545 million €851 million
Free Cashflow: €50 million €150 million €568 million
ROCE: 5.2 % 6.2 % 9.7 %
 
  Outlook 2020
from
Outlook 2020
to
Act FY 2019
Segment Industrial Trucks & Services (*)
Order intake: €5,500 million €5,800 million €6,330 million
Revenue: €5,450 million €5,750 million €6,410 million
Adjusted EBIT: €265 million €305 million €695 million
 
  Outlook 2020
from
Outlook 2020
to
Act FY 2019
Segment Supply Chain Solutions (*)
Order intake: €3,400 million €3,800 million €2,771 million
Revenue: €2,400 million €2,700 million €2,379 million
Adjusted EBIT: €235 million €275 million €228 million
 

(*) The figures for the Industrial Trucks & Services and Supply Chain Solutions segments also include intragroup, cross-segment order intake, revenue and EBIT effects.

In view of the risks arising from the further course of the coronavirus pandemic, the assessment of the Group's business performance over the remainder of this year is still very uncertain. A further economic downturn in key sales markets would lead to KION Group's performance and financial results differing significantly from those in the outlook.

Explanations and reconciliations of key financial figures used can be found in KION GROUP AG's 2019 annual report (available at:
https://www.kiongroup.com/en/Investor-Relations/Publications/) especially on pages 57 et. seq., 69 et. seq., and 80.

Further information for investors

Antje Kelbert
Senior Manager Investor Relations
Tel: +49 (0)69 201 107 346
antje.kelbert@kiongroup.com

Dana Unger
Senior Manager Investor Relations
Tel: +49 (0)69 201 107 371
dana.unger@kiongroup.com

IR Contact

Your contact persons for all Investor Relations related topics.

Additional Information

Corporate Governance

Executive Board and Supervisory Board are responsible for the company in accordance with the statutory provisions for stock corporations.

Sustainability

Why sustainable practices are a basis for our success.

Management

Executive and Supervisory Board of KION GROUP AG.

Our Stories

Read our stories about our fields of action.