KION Group Confirms Third-Quarter Results Amid Market Challenges

KION Group confirmed its third-quarter 2026 results, with order intake down nearly 1% to about €2.7 billion and net profit falling roughly 15% year over year to nearly €102 million. The company said its forklift segment lagged broader market trends, particularly in higher-priced products. The results follow KION’s mid-October decision to lower its annual forecast and postpone its mid-term target of achieving a double-digit margin.