KION Reports Positive First Half of 2026

KION Group AG reported positive financial results for the first half of 2026, with revenue increasing by 3.5% to €5.687 billion compared to the same period in 2025. Adjusted EBIT rose by 12% to €429.6 million, with an improved EBIT margin of 7.6%. Despite a decrease in order intake by 6.6% to €5.794 billion, driven by last year's exceptional levels, the company's performance remained strong, particularly in Intelligent Automation Solutions, where revenue grew by 18%.

Free cash flow was positive at €22.2 million, even after expenses related to M&A activities and a previous efficiency program. KION also invested in the development of next-generation supply chain robotics by acquiring a 70% stake in Smart Innovation NV, focusing on autonomous pallet trucks for warehouses.

The company's outlook for 2026 has been narrowed regarding revenue and EBIT projections, reflecting a stable performance despite economic and geopolitical uncertainties. CEO Rob Smith emphasized that customer demand across multiple industries remained robust.