Logistics segment
in € million |
1–6 | 2019 |
1–6 | 2018 |
Change |
|||
Revenue |
29.7 |
25.2 |
18.1 % |
|||
EBITDA |
4.4 |
3.3 |
35.1 % |
|||
EBITDA margin in % |
14.9 |
13.0 |
1.9 pp |
|||
EBIT |
1.7 |
1.0 |
66.4 % |
|||
EBIT margin in % |
5.9 |
4.2 |
1.7 pp |
|||
At-equity earnings |
2.1 |
2.3 |
- 7.9 % |
The consolidated companies of the Logistics segment reported highly encouraging revenue growth in the first half of 2019. At € 29.7 million, the prior-year figure was exceeded by 18.1 % (previous year: € 25.2 million). This was due in particular to strong volume growth in the vehicle logistics division and the positive order situation in consultancy.
At € 1.7 million, the Logistics segment’s operating result (EBIT) far outstripped the prior-year figure (previous year: € 1.0 million). The application of IFRS 16 had no significant effect on the development of the operating result.
At-equity earnings of € 2.1 million in the first half of 2019 were 7.9 % down on the prior-year figure (previous year: € 2.3 million). This was largely due to a burden on earnings from bulk materials handling resulting from the initial application of IFRS 16.