The KION Group, a supplier of forklift trucks, Thursday said its full year revenue grew 4.1 percent to 4.678 billion euros.
Net income is expected to advance to 175 million euros, compared to 138.4 million euros in 2013.
Adjusted Earnings Before Interest and Tax or EBIT advanced 6.3 percent to 442.9 million euros. With the adjusted EBIT margin reaching 9.5 percent, the Group exceeded its prior-year profitability figure of 9.3 percent.
According to the company, the value of its order intake rose 8.6 percent to 4.877 billion euros.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.