With its broad corporate strategy and comprehensive intralogistics portfolio, KION Group has remained on course despite the extremely difficult market conditions created by the global pandemic. The Supply Chain Solutions (SCS) segment, with its focus on automation solutions, was able to build on the positive performance from previous quarters in the first half of 2020, and generated a strong order boost for the Group in the second quarter. The positive performance of the SCS segment was driven primarily by strong demand in e-commerce as well as the food and beverage logistics sectors. In contrast, the current reluctance to invest, which is the case in many industries, has hit new business in the Industrial Trucks & Services (IT&S) segment particularly hard.
You can find our business results for the first half of 2020 at a glance in our Press Release Half Year 2020 Results
More detailed information on business performance in our