Kion Group increases sales by 27%

The Kion Group, one of the world's leading forklift truck and
warehouse equipment manufacturer, has increased its sales in the third
quarter of 2011 increased by 27% to around € 3.5 billion.

WIESBADEN (hi). The company has continued its globalization strategy
in the third quarter of 2011 with a successful rising orders and a
profitable revenue growth, the company said. Three out of ten vehicles
delivered, the Kion Group in the first three quarters of 2011 to
customers in emerging markets.

The global demand for trucks has grown significantly over the first
three quarter of 2011. Here, the pace of growth has slowed in the
third quarter of 2011 as expected. Global demand rose by 30 September
2011 to 740 000 units - an increase of 28% compared to the demand for
the same period.

In Western Europe increased the demand driven mainly by replacement
investments by 32%. So is Western Europe with 212 000 units remained
the world's largest single market for material handling products.

With a driven mainly by expansion of investment growth of 27% of the
Chinese market reached for industrial trucks in the first three
quarters of 2011, a figure of just under 190 000, making it the second
largest single market behind Western Europe. A quarter of all trucks
will be sold worldwide in the People's Republic.

The market in Eastern Europe continued its dynamic recovery is
continuing, and reached after an increase of 46% over the same period
of around 41000 units. Almost half of the demand in Eastern Europe
comes from Russia.

In this market environment, the Kion Group increased its value of
orders in the first three quarters of 2011 to € 3.464 billion -
equivalent to the prior-year period (€ 2.795 billion), an increase of
24%. The order backlog is at 30 derGroup September 2011 more than € 1
billion has increased. The quantity-related orders in the new business
grew by 22% and increased from 88 200 to 107 800 vehicles.

Group sales rose to 3.157 billion euros and thus taking the
prior-year period (€ 2.492 billion) up 27%. Revenues for the business
grew with new vehicles by 40% compared to same period last year. In
the service business, which includes after-sales service also offers
regarding rental and used equipment, in the first three quarters of
the current calendar year accounted for more than 40% of sales volume.