Revenue

Organic growth in the Industrial Trucks & Services segment and the inclusion of Dematic in the Supply Chain Solutions segment caused the KION Group’s consolidated revenue to rise by 49.3 per cent to €3,827.8 million (H1 2016: €2,564.5 million excluding Dematic). The share of consolidated revenue attributable to the service business was 37.8 per cent (H1 2016: 45.0 per cent).

Revenue with third parties in the Industrial Trucks & Services segment was up by 9.2 per cent year on year to €2,739.3 million (H1 2016: €2,508.3 million). The Supply Chain Solutions segment contributed €1,077.2 million (H1 2016: €47.3 million excluding Dematic) to consolidated revenue, which equates to 28.1 per cent. > TABLE 03

Revenue with third parties by product category

03

in € million

Q2 2017

Q2 2016

Change

Q1 – Q2 2017

Q1 – Q2 2016

Change

Industrial Trucks & Services

1,416.4

1,311.4

8.0%

2,739.3

2,508.3

9.2%

New business

801.8

731.9

9.6%

1,526.2

1,370.7

11.4%

Service business

614.5

579.5

6.0%

1,213.0

1,137.6

6.6%

– Aftersales

350.9

337.8

3.9%

700.7

667.7

4.9%

– Rental business

152.8

136.5

11.9%

299.0

268.1

11.5%

– Used trucks

76.1

74.5

2.1%

146.2

144.6

1.1%

– Other

34.7

30.6

13.2%

67.2

57.1

17.6%

Supply Chain Solutions

595.0

27.5

>100%

1,077.2

47.3

>100%

Business Solutions

480.4

16.5

>100%

842.6

29.9

>100%

Service business

114.6

11.0

>100%

234.6

17.3

>100%

Corporate Services

5.1

5.0

2.9%

11.3

9.0

26.7%

Total revenue

2,016.4

1,343.8

50.0%

3,827.8

2,564.5

49.3%

Revenue by customer location

The KION Group’s growth in the EMEA region was largely in line with that of the market. Excluding the increase in Dematic’s revenue in the APAC region, the KION Group benefited from strong demand in China, which was higher than in the prior-year period. The significant rise in revenue in North America was mainly attributable to the inclusion of the contribution from Dematic in the Supply Chain Solutions segment in the first six months of 2017. Unit sales in the Industrial Trucks & Services segment increased in all regions.

For the KION Group as a whole, 20.3 per cent of revenue in the reporting period (H1 2016: 22.6 per cent) was accounted for by fast-growing markets. Overall, 82.0 per cent of revenue (H1 2016: 74.7 per cent) was generated outside Germany. > TABLE 04

Revenue with third parties by customer location

04

in € million

Q2 2017

Q2 2016

Change

Q1 – Q2 2017

Q1 – Q2 2016

Change

Western Europe

1,197.7

1,012.6

18.3%

2,302.7

1,918.6

20.0%

Eastern Europe

131.2

109.2

20.1%

248.0

206.0

20.4%

Middle East and Africa

34.1

21.8

56.3%

81.1

43.0

88.8%

North America

366.9

37.8

>100%

650.6

65.1

>100%

Central and South America

38.6

34.1

13.2%

79.0

69.2

14.2%

Asia-Pacific

248.0

128.4

93.1%

466.4

262.6

77.6%

Total revenue

2,016.4

1,343.8

50.0%

3,827.8

2,564.5

49.3%