Logistics segment
in € million |
|
1–6 | 2021 |
|
1–6 | 2020 |
|
Change |
|---|---|---|---|---|---|---|
Revenue |
|
35.4 |
|
25.9 |
|
36.8 % |
EBITDA |
|
2.9 |
|
5.2 |
|
- 44.3 % |
EBITDA margin in % |
|
8.2 |
|
20.2 |
|
- 12.0 pp |
EBIT |
|
- 1.7 |
|
- 2.1 |
|
pos. |
EBIT margin in % |
|
- 4.9 |
|
- 8.2 |
|
pos. |
At-equity earnings |
|
1.1 |
|
0.8 |
|
28.9 % |
In the first half year, the revenue of consolidated companies exceeded the previous year by 36.8 % to € 35.4 million (previous year: € 25.9 million). The first-time consolidation of iSAM AG, an automation technology specialist, in the first quarter of 2021, as well as strong revenue growth in the vehicle logistics division, made significant contributions to this positive trend.
The operating result (EBIT) recorded a loss of € 1.7 million in the reporting period (previous year: € - 2.1 million). This was caused by start-up losses of new activities. By contrast, the vehicle logistics division was able to strongly improve its result.
Revenues of those companies included in at-equity earnings rose strongly in total in the first half of the year. At-equity earnings increased to € 1.1 million (previous year: € 0.8 million). While bulk cargo handling was able to strongly improve its result, the valuation allowance for an investment had an opposing effect.