The KION Group believes it is well positioned for the future thanks to its clear strategy and comprehensive intralogistics portfolio, despite a challenging market environment due to the ongoing coronavirus pandemic affecting many parts of the world. The Supply Chain Solutions (SCS) segment, with its focus on automation solutions, was able to build on the strong performance of the previous quarters and again boosted orders for the Group in the third quarter of the year after being awarded major new projects. The positive business performance of the SCS segment was driven in particular by high demand in the e-commerce sector. Having fallen sharply in the first six months of this year, order intake in the Industrial Trucks & Services (IT&S) segment began to recover slowly in the third quarter but was still down significantly year on year for the reporting period as a whole.
You can find our business results for the first half of 2020 at a glance in our
Press Release Q3 2020 Results
More detailed information on business performance you can find in our
Q3 2020 Interim Report
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KION Supply Chain Solutions
