Group Management Report


In the 2006 financial year, we took advantage of good global economic conditions and achieved significant increases in sales and earnings. Group sales, including KION and BOC consolidated for the first time, rose 30.8 percent to €12.439 billion (2005: €9.511 billion). After adjusting for the effect of the BOC acquisition, we increased sales by 10.6 percent to €10.516 billion. Group operating profit before depreciation and amortisation (EBITDA (Glossary)), adjusted for BOC and non-recurring items, improved by 10.0 percent to €1.876 billion (2005: €1.705 billion).

Group sales and Group EBITDA

Group sales and Group EBITDA (bar chart)


History:
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The following information is part of the consolidated financial statements as of 31 December 2006, which were audited and issued with an unqualified certificate by KPMG Deutsche Treuhand AG, Wirtschaftprüfungsgesellschaft.

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