Logistics Segment

Key Figures

in € million

 

1–3 | 2017

 

1–3 | 2016

 

Change

Revenue

 

11.0

 

13.4

 

- 18.1 %

EBITDA

 

0.7

 

0.0

 

pos.

EBITDA margin in %

 

6.2

 

0.3

 

5.9 pp

EBIT

 

- 0.4

 

- 1.0

 

58.2 %

EBIT margin in %

 

- 3.7

 

- 7.2

 

3.5 pp

At-equity earnings

 

1.3

 

1.0

 

39.1 %

The revenue trend of the consolidated companies comprising the Logistics segment was modest on the whole in the first quarter of 2017. At € 11.0 million, segment revenue was down 18.1 % on the previous year (€ 13.4 million), largely due to the discontinuation of contract and project logistics activities. The operating result (EBIT) improved to € - 0.4 million in the first quarter of 2017 (previous year: € - 1.0 million). The absence of losses from project and contract logistics was offset by lower earnings from vehicle logistics and consulting activities.

The companies included in at-equity earnings recorded a significant year-on-year improvement in the first quarter of 2017, mainly as a result of encouraging growth in bulk cargo handling. At-equity earnings rose by 39.1 % to € 1.3 million (previous year: € 1.0 million).