Kion significantly increases order intake

The Kion Group achieved a solid performance in the 2025 financial year despite geopolitical and macroeconomic challenges. Order intake increased significantly to € 11.705 billion (2024: € 10.321 billion). At € 11.297 billion, sales were slightly below the previous year (€ 11.503 billion). Adjusted EBIT amounted to € 788.6 million (2024: € 917.2 million) and the adjusted EBIT margin was 7.0% (2024: 8.0%). At € 709.5 million, free cash flow was strong and slightly above expectations.

"In a difficult environment, order intake increased in both of Kion's segments, outperforming the key markets. All key figures at Group level were in line with our updated forecast - free cash flow was slightly above expectations," says Rob Smith, CEO of the Kion Group.

8.6 percent increase in vehicle orders

In the Industrial Trucks & Services segment, order intake rose by 4.9% to €8.147 billion and benefited from growth in new counterbalance trucks and warehouse trucks as well as continued growth in the service business. The number oftrucks ordered increased by 8.6 percent to 266,000. Turnover fell by 3.9% to €8.272 billion, partly due to the normalization of the order backlog. Adjusted EBIT amounted to €721.8 million, with a margin of 8.7%.

The former Supply Chain Solutions segment increased its order intake significantly by 39.5% to € 3.599 billion. Sales grew by 4.4% to € 3.071 billion, adjusted EBIT improved to € 183.2 million and the margin to 6.0%.

An efficiency program adopted in February 2025 was successfully implemented. The majority of the expected expenses of € 168.8 million were recognized as one-off and special effects in 2025. In future, annual cost savings of around € 150 million are to be achieved, with almost full effect in 2026.

Supply Chain Solutions becomes "Intelligent Automation Solutions"

At the start of the 2026 financial year, the Supply Chain Solutions segment will be renamed "Intelligent Automation Solutions". This is intended to further strengthen the Dematic brand in the area of supply chain orchestration. "Kion's business combines all the factors that modern supply chains rely on: Industrial trucks, automation, robotics, software and AI with systems and solutions that learn in real time, adapt within seconds and plan ahead. Industrial Trucks & Services and Intelligent Automation Solutions will offer our customers holistic solutions with an even more integrated approach," says Rob Smith.

For 2026, the Executive Board expects a moderate increase in Group sales and a significant improvement in adjusted EBIT. ROCE is expected to be noticeably above the previous year's level. Free cash flow is expected to be below the previous year's high level, partly due to planned payments for the efficiency program and higher investments as part of the strategy.