Ecommerce Order Boom Boosts KION Despite Slashed Revenues
Logistics Business Magazine
JULY 30, 2020
KION Group says it has recorded strong order intake in the first half of 2020 thanks to the e-commerce boom, despite a 10% drop in revenue caused by the pandemic and a 50% year-on-year drop in earnings versus 2019 H1. “The KION Group has a highly resilient business model. . – Free cash flow amounts to minus €219.6
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