Kion Group Ag Unsp/Adr (KIGRY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Qion Group's Q2 2025 update call. Today's presenters will be Rob Smith, CEO of Qion Group, and Christian Hahn, CFO of Qion Group. I'm Sergin, the chorus call operator. I would like to remind you that all participants will be in listen-only mode and the conference being recorded. If you would like to ask a question from the webinar, you may click the Q&A button on the left side of your screen and then click the Raise Your Hand button. If you are connected to your phone, please press star followed by one on your telephone keypad. Also, please limit yourselves to two questions only. For operator assistance, please press star and zero. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Rob Smith. Please go ahead, sir. Thank you, Sergio. Good afternoon, ladies and gentlemen, and welcome to our update call and webcast on our Q2 results. You can please see the update call presentation on the IR website as we go through the presentation together. I'm going to start with a summary of our second quarter 2025 results, and then Christian will take you through our Q2 financials in detail and reiterate our outlook for 2025. I'll come back and we'll be taking some key takeaways, and then Christian and I look forward to your questions after that. Let's start together on page 3. Q2 was another solid quarter and in line with our expectations. Group order intake was 3.5 billion euros, a 33% increase compared to the prior year, and reflects a record quarter for order intake in supply chain solutions. Revenue was down at the key on level and in both segments due to the subdued demand in new truck and new project business in prior quarters. Adjusted EBIT was 189 million euros, corresponding ...