| KPI | [EUR m] | Q1 2023 | FY 2023 | Q1 2024 E | FY 2024 E | FY 2025 E | FY 2026 E |
|---|---|---|---|---|---|---|---|
| Order Intake | Number of Estimates | 17 | 18 | 18 | 16 | ||
| Order Intake | Highest | 2,905 | 12,050 | 12,730 | 13,427 | ||
| Order Intake | Mean | 2,444 | 10,876 | 2,618 | 11,496 | 12,186 | 12,839 |
| Order Intake | Median | 2,573 | 11,438 | 12,128 | 12,920 | ||
| Order Intake | Lowest | 2,512 | 11,036 | 11,699 | 12,275 | ||
| Revenue | Number of Estimates | 17 | 20 | 20 | 18 | ||
| Revenue | Highest | 2,862 | 11,777 | 12,660 | 13,798 | ||
| Revenue | Mean | 2,781 | 11,434 | 2,828 | 11,561 | 12,123 | 12,778 |
| Revenue | Median | 2,832 | 11,559 | 12,157 | 12,711 | ||
| Revenue | Lowest | 2,760 | 11,395 | 11,695 | 12,340 | ||
| Adjusted EBIT (Kion Definition) | Number of Estimates | 17 | 19 | 19 | 17 | ||
| Adjusted EBIT (Kion Definition) | Highest | 226 | 969 | 1,128 | 1,374 | ||
| Adjusted EBIT (Kion Definition) | Mean | 156 | 791 | 217 | 889 | 1,033 | 1,178 |
| Adjusted EBIT (Kion Definition) | Median | 220 | 886 | 1,024 | 1,176 | ||
| Adjusted EBIT (Kion Definition) | Lowest | 183 | 846 | 886 | 1,062 | ||
| Adjusted EBIT Margin | Number of Estimates | 17 | 19 | 19 | 17 | ||
| Adjusted EBIT Margin | Highest | 8.0 | 8.2 | 9.1 | 10.0 | ||
| Adjusted EBIT Margin | Mean | 5.6 | 6.9 | 7.7 | 7.7 | 8.5 | 9.2 |
| Adjusted EBIT Margin | Median | 7.8 | 7.7 | 8.5 | 9.2 | ||
| Adjusted EBIT Margin | Lowest | 6.6 | 7.4 | 7.6 | 8.5 | ||
| - PPA items | Number of Estimates | 14 | 15 | 15 | 14 | ||
| - PPA items | Highest | -22 | -90 | -74 | -74 | ||
| - PPA items | Mean | -25 | -93 | -23 | -92 | -89 | -88 |
| - PPA items | Median | -23 | -92 | -92 | -91 | ||
| - PPA items | Lowest | -23 | -94 | -95 | -96 | ||
| - adjustment for one off items (NRI) | Number of Estimates | 14 | 15 | 15 | 14 | ||
| - adjustment for one off items (NRI) | Highest | 2 | -10 | 0 | 0 | ||
| - adjustment for one off items (NRI) | Mean | -1 | -37 | -3 | -16 | -10 | -9 |
| - adjustment for one off items (NRI) | Median | -4 | -15 | -10 | -8 | ||
| - adjustment for one off items (NRI) | Lowest | -5 | -23 | -23 | -23 | ||
| Reported EBIT | Number of Estimates | 14 | 20 | 20 | 18 | ||
| Reported EBIT | Highest | 201 | 855 | 1,016 | 1,262 | ||
| Reported EBIT | Mean | 129 | 661 | 190 | 782 | 929 | 1,074 |
| Reported EBIT | Median | 195 | 783 | 925 | 1,075 | ||
| Reported EBIT | Lowest | 158 | 738 | 773 | 935 | ||
| Net financial expenses | Number of Estimates | 13 | 20 | 20 | 18 | ||
| Net financial expenses | Highest | -43 | -133 | -91 | -93 | ||
| Net financial expenses | Mean | -36 | -201 | -47 | -182 | -157 | -152 |
| Net financial expenses | Median | -47 | -186 | -166 | -148 | ||
| Net financial expenses | Lowest | -50 | -200 | -197 | -202 | ||
| Reported EBT | Number of Estimates | 13 | 20 | 20 | 18 | ||
| Reported EBT | Highest | 156 | 704 | 909 | 1,120 | ||
| Reported EBT | Mean | 94 | 460 | 145 | 600 | 772 | 921 |
| Reported EBT | Median | 147 | 594 | 771 | 918 | ||
| Reported EBT | Lowest | 111 | 548 | 598 | 776 | ||
| Net Income (pre minorities) | Number of Estimates | 15 | 20 | 20 | 18 | ||
| Net Income (pre minorities) | Highest | 109 | 493 | 655 | 790 | ||
| Net Income (pre minorities) | Mean | 74 | 314 | 98 | 417 | 540 | 644 |
| Net Income (pre minorities) | Median | 101 | 410 | 534 | 638 | ||
| Net Income (pre minorities) | Lowest | 80 | 375 | 413 | 544 | ||
| Net income (attributable to shareholders) | Number of Estimates | 16 | 20 | 20 | 18 | ||
| Net income (attributable to shareholders) | Highest | 107 | 484 | 647 | 781 | ||
| Net income (attributable to shareholders) | Mean | 72 | 306 | 98 | 410 | 533 | 636 |
| Net income (attributable to shareholders) | Median | 100 | 405 | 526 | 624 | ||
| Net income (attributable to shareholders) | Lowest | 79 | 370 | 413 | 534 | ||
| Shares outstanding (in million) | Number of Estimates | 22 | 22 | 22 | 22 | ||
| Shares outstanding (in million) | Highest | 131.1 | 131.1 | 131.1 | 131.1 | ||
| Shares outstanding (in million) | Mean | 131.1 | 131.1 | 131.1 | 131.1 | 131.1 | 131.1 |
| Shares outstanding (in million) | Median | 131.1 | 131.1 | 131.1 | 131.1 | ||
| Shares outstanding (in million) | Lowest | 131.1 | 131.1 | 131.1 | 131.1 | ||
| EPS reported (in Euro) | Number of Estimates | 16 | 20 | 20 | 18 | ||
| EPS reported (in Euro) | Highest | 0.82 | 3.69 | 4.93 | 5.96 | ||
| EPS reported (in Euro) | Mean | 0.55 | 2.33 | 0.75 | 3.13 | 4.06 | 4.85 |
| EPS reported (in Euro) | Median | 0.76 | 3.09 | 4.01 | 4.76 | ||
| EPS reported (in Euro) | Lowest | 0.60 | 2.82 | 3.15 | 4.08 | ||
| EPS adjusted (in Euro) | Number of Estimates | 7 | 11 | 11 | 10 | ||
| EPS adjusted (in Euro) | Highest | 1.07 | 4.33 | 5.84 | 5.94 | ||
| EPS adjusted (in Euro) | Mean | 0.75 | - | 0.87 | 3.75 | 4.72 | 5.39 |
| EPS adjusted (in Euro) | Median | 0.92 | 3.85 | 4.79 | 5.43 | ||
| EPS adjusted (in Euro) | Lowest | 0.62 | 3.11 | 4.05 | 4.88 | ||
| DPS (in Euro) | Number of Estimates | - | 20 | 20 | 18 | ||
| DPS (in Euro) | Highest | - | 1.20 | 1.70 | 2.20 | ||
| DPS (in Euro) | Mean | - | 0.70 | - | 0.98 | 1.28 | 1.52 |
| DPS (in Euro) | Median | - | 0.99 | 1.23 | 1.50 | ||
| DPS (in Euro) | Lowest | - | 0.85 | 1.05 | 1.24 | ||
| Net financial debt (bank and bond debt less cash and equivalents) | Number of Estimates | 4 | 18 | 18 | 16 | ||
| Net financial debt (bank and bond debt less cash and equivalents) | Highest | 1,269 | 1,596 | 1,440 | 1,294 | ||
| Net financial debt (bank and bond debt less cash and equivalents) | Mean | - | 1,211 | 1,201 | 937 | 586 | 242 |
| Net financial debt (bank and bond debt less cash and equivalents) | Median | 1,213 | 921 | 599 | 310 | ||
| Net financial debt (bank and bond debt less cash and equivalents) | Lowest | 1,109 | 541 | -17 | -781 | ||
| Free Cash Flow (CF from operating and CF from investing activities) | Number of Estimates | 5 | 17 | 17 | 15 | ||
| Free Cash Flow (CF from operating and CF from investing activities) | Highest | 174 | 809 | 931 | 1,034 | ||
| Free Cash Flow (CF from operating and CF from investing activities) | Mean | - | 715 | 64 | 617 | 703 | 767 |
| Free Cash Flow (CF from operating and CF from investing activities) | Median | 40 | 633 | 673 | 752 | ||
| Free Cash Flow (CF from operating and CF from investing activities) | Lowest | 21 | 459 | 542 | 566 | ||
| Industrial Trucks & Services, Order Intake | Number of Estimates | 17 | 18 | 18 | 16 | ||
| Industrial Trucks & Services, Order Intake | Highest | 2,071 | 8,800 | 9,000 | 9,592 | ||
| Industrial Trucks & Services, Order Intake | Mean | 1,957 | 7,890 | 1,856 | 8,256 | 8,636 | 9,023 |
| Industrial Trucks & Services, Order Intake | Median | 1,820 | 8,198 | 8,578 | 9,092 | ||
| Industrial Trucks & Services, Order Intake | Lowest | 1,775 | 8,048 | 8,400 | 8,650 | ||
| Industrial Trucks & Services, Revenue | Number of Estimates | 17 | 19 | 18 | 16 | ||
| Industrial Trucks & Services, Revenue | Highest | 2,150 | 8,879 | 9,348 | 9,722 | ||
| Industrial Trucks & Services, Revenue | Mean | 2,005 | 8,480 | 2,118 | 8,727 | 8,944 | 9,273 |
| Industrial Trucks & Services, Revenue | Median | 2,125 | 8,743 | 8,953 | 9,271 | ||
| Industrial Trucks & Services, Revenue | Lowest | 2,030 | 8,545 | 8,587 | 8,600 | ||
| Industrial Trucks & Services, Adjusted EBIT | Number of Estimates | 17 | 19 | 18 | 16 | ||
| Industrial Trucks & Services, Adjusted EBIT | Highest | 238 | 965 | 1,002 | 1,081 | ||
| Industrial Trucks & Services, Adjusted EBIT | Mean | 177 | 849 | 231 | 907 | 941 | 996 |
| Industrial Trucks & Services, Adjusted EBIT | Median | 234 | 902 | 939 | 994 | ||
| Industrial Trucks & Services, Adjusted EBIT | Lowest | 203 | 872 | 872 | 900 | ||
| Industrial Trucks & Services, Adjusted EBIT Margin | Number of Estimates | 17 | 19 | 18 | 16 | ||
| Industrial Trucks & Services, Adjusted EBIT Margin | Highest | 11.1 | 10.9 | 11.2 | 11.6 | ||
| Industrial Trucks & Services, Adjusted EBIT Margin | Mean | 8.8 | 10.0 | 10.9 | 10.4 | 10.5 | 10.7 |
| Industrial Trucks & Services, Adjusted EBIT Margin | Median | 11.0 | 10.4 | 10.5 | 10.7 | ||
| Industrial Trucks & Services, Adjusted EBIT Margin | Lowest | 10.0 | 10.0 | 9.9 | 10.0 | ||
| Supply Chain Solutions, Order Intake | Number of Estimates | 17 | 18 | 18 | 16 | ||
| Supply Chain Solutions, Order Intake | Highest | 850 | 3,500 | 3,900 | 4,400 | ||
| Supply Chain Solutions, Order Intake | Mean | 497 | 3,032 | 772 | 3,269 | 3,583 | 3,852 |
| Supply Chain Solutions, Order Intake | Median | 775 | 3,250 | 3,576 | 3,835 | ||
| Supply Chain Solutions, Order Intake | Lowest | 704 | 3,036 | 3,318 | 3,518 | ||
| Supply Chain Solutions, Revenue | Number of Estimates | 17 | 19 | 18 | 16 | ||
| Supply Chain Solutions, Revenue | Highest | 766 | 2,954 | 3,500 | 3,900 | ||
| Supply Chain Solutions, Revenue | Mean | 783 | 2,997 | 719 | 2,860 | 3,194 | 3,489 |
| Supply Chain Solutions, Revenue | Median | 718 | 2,850 | 3,172 | 3,430 | ||
| Supply Chain Solutions, Revenue | Lowest | 700 | 2,806 | 2,975 | 3,195 | ||
| Supply Chain Solutions, Adjusted EBIT | Number of Estimates | 17 | 19 | 18 | 16 | ||
| Supply Chain Solutions, Adjusted EBIT | Highest | 19 | 112 | 256 | 365 | ||
| Supply Chain Solutions, Adjusted EBIT | Mean | 7 | 44 | 15 | 95 | 200 | 284 |
| Supply Chain Solutions, Adjusted EBIT | Median | 16 | 93 | 200 | 291 | ||
| Supply Chain Solutions, Adjusted EBIT | Lowest | 8 | 80 | 149 | 205 | ||
| Supply Chain Solutions, Adjusted EBIT Margin | Number of Estimates | 17 | 19 | 18 | 16 | ||
| Supply Chain Solutions, Adjusted EBIT Margin | Highest | 2.6 | 3.9 | 7.7 | 11.0 | ||
| Supply Chain Solutions, Adjusted EBIT Margin | Mean | 0.9 | 1.5 | 2.1 | 3.3 | 6.3 | 8.1 |
| Supply Chain Solutions, Adjusted EBIT Margin | Median | 2.2 | 3.2 | 6.3 | 8.0 | ||
| Supply Chain Solutions, Adjusted EBIT Margin | Lowest | 1.0 | 2.8 | 4.7 | 6.2 |
This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.
