Half-year Financial Report January – June 2024

Logistics segment

Key figures

in € million

 

1–6 | 2024

 

1–6 | 2023

 

Change

Revenue

 

38.7

 

40.8

 

- 5.1 %

EBITDA

 

5.3

 

4.4

 

20.1 %

EBITDA margin in %

 

13.6

 

10.8

 

2.8 pp

EBIT

 

- 1.4

 

- 0.2

 

neg.

EBIT margin in %

 

- 3.5

 

- 0.6

 

neg.

At-equity earnings

 

2.0

 

1.7

 

19.0 %

At € 38.7 million, revenue of the consolidated companies in the first six months was down 5.1 % on the corresponding prior-year figure (previous year: € 40.8 million). This was mainly due to a strong decline in revenue in vehicle logistics, which was only partially offset by a strong revenue growth of the leasing company for intermodal traffic.

There was a negative operating result (EBIT) of € 1.4 million (previous year: € - 0.2 million). Whereas vehicle logistics declined sharply compared to the exceptionally high earnings of the previous year, there was strong year-on-year growth in the earnings contribution of the leasing company.

Driven by bulk cargo handling, at-equity earnings of the Logistics segment rose by € 0.3 million to € 2.0 million (previous year: € 1.7 million).