EQS-News: KION Group Results for First Nine Months of 2022 Impacted by Sharp Increase in Project Business Costs in Third Quarter
High inflation and increasing economic uncertainties continued to have a serious impact on the KION Groups business activities in the third quarter of 2022.
- High inflation and increasing economic uncertainties continued to have a serious impact on the KION Groups business activities in the third quarter of 2022.
- In a market environment that remains volatile, KION Group has intensified its measures to reduce costs and improve project management processes.
- The order intake of KION Group after nine months of 2022 was at 9.172 billion, 2.0 percent higher than the strong 2021 comparative value.
- The Executive Board of KION GROUP AG presented new outlook for the 2022 financial year on September 13, 2022.