Germany's KION Group reports strong profit growth in 2023

FRANKFURT, Feb. 29 (Xinhua) -- Germany's KION Group on Thursday unveiled strong financial results for 2023, with its earnings before interest and taxes (EBIT) having more than doubled.

The adjusted EBIT at the group level increased from 292.4 million euros in 2022 to 790.5 million euros, the industrial truck and supply chain solutions provider announced.