on KION GROUP AG (isin : noisin865856)
KION Group Begins 2025 with Strong Demand Amid Geopolitical Challenges
KION Group AG reported a solid start to 2025 with increased order intake, despite declining revenues and geopolitical uncertainties. First-quarter order intake rose to €2.706 billion from €2.439 billion in Q1 2024, thanks to growth in both Industrial Trucks & Services and Supply Chain Solutions segments.
Revenue decreased slightly by 2.5 percent to €2.788 billion compared to €2.859 billion the previous year. The adjusted EBIT dropped to €195.5 million, with the margin declining to 7.0 percent. Despite challenges, customer demand remained robust.
The company has launched an efficiency program in EMEA targeting annual cost savings of €140 million to €160 million by 2026, with significant expenses factored into Q1 2025 results. This has impacted net income, which fell to €-46.9 million.
Looking ahead, KION maintains its 2025 outlook, contingent upon stable economic conditions, amid rising trade tensions and geopolitical risks affecting global markets.
R. H.
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