Revenue

External revenue generated by the KION Group amounted to €5,587.2 million, an increase of 9.6 per cent on the 2015 figure of €5,097.9 million. The share accounted for by the Supply Chain Solutions segment was €364.7 million or 6.5 per cent. Currency effects reduced revenue by €105.2 million. Overall, the proportion of groupwide external revenue accounted for by services was 43.7 per cent (2015: 44.6 per cent). > TABLE 017

Revenue with third parties by product category

017

in € million

2016

2015

Change

Industrial Trucks & Services

5,200.5

5,044.4

3.1%

New business

2,860.3

2,779.9

2.9%

Service business

2,340.2

2,264.5

3.3%

– Aftersales

1,363.8

1,347.0

1.2%

– Rental business

558.3

524.1

6.5%

– Used trucks

285.8

270.4

5.7%

– Other

132.4

122.9

7.7%

Supply Chain Solutions

364.7

33.0

> 100%

Business Solutions

263.9

25.7

> 100%

Service business

100.7

7.4

> 100%

Corporate Services

22.1

20.5

7.7%

Total revenue

5,587.2

5,097.9

9.6%

Revenue by customer location

The increase in revenue in the KION Group was predominantly attributable to the sound performance of the Industrial Trucks & Services segment in western Europe, particularly in France, Italy and Germany. The segment’s revenue in eastern Europe also grew substantially. The significant rise in revenue in North America was mainly attributable to the Supply Chain Solutions segment and its pro rata contribution to revenue from Dematic. Based on the KION Group as a whole, 23.3 per cent of external revenue in the reporting period (2015: 24.7 per cent) was accounted for by fast-growing markets. Overall, 76.4 per cent of revenue (2015: 75.0 per cent) was generated outside Germany. > TABLE 018

Revenue with third parties by customer location

 

 

018

in € million

2016

2015

Change

Western Europe

3,982.7

3,724.1

6.9%

Eastern Europe

459.6

432.0

6.4%

Middle East and Africa

100.3

92.9

7.9%

North America

295.9

119.6

> 100%

Central and South America

148.6

143.4

3.6%

Asia-Pacific

600.1

585.8

2.4%

Total revenue

5,587.2

5,097.9

9.6%