Logistics segment
in € million |
|
1–3 | 2021 |
|
1–3 | 2020 |
|
Change |
|---|---|---|---|---|---|---|
Revenue |
|
17.9 |
|
14.2 |
|
25.9 % |
EBITDA |
|
1.1 |
|
1.1 |
|
5.0 % |
EBITDA margin in % |
|
6.3 |
|
7.6 |
|
- 1.3 pp |
EBIT |
|
- 0.7 |
|
- 0.6 |
|
neg. |
EBIT margin in % |
|
- 3.9 |
|
- 4.2 |
|
neg. |
At-equity earnings |
|
1.1 |
|
0.4 |
|
187.7 % |
The consolidated companies reported revenue of € 17.9 million in the first quarter, up 25.9 % on the prior-year figure (previous year: € 14.2 million). The first-time consolidation of iSAM AG, an automation technology specialist, in the first quarter of 2021 made a particularly significant contribution to this positive trend. The vehicle logistics division was also able to boost its revenue due to increased volumes, while consultancy activities fell short of the strong prior-year performance.
The operating result (EBIT) recorded a loss of € 0.7 million in the reporting period (previous year: € - 0.6 million). This was caused by scheduled start-up losses of new activities.
The companies included in at-equity earnings posted a strong overall increase in revenue for the first three months of 2021. At-equity earnings improved to € 1.1 million, primarily as a result of bulk cargo handling (previous year: € 0.4 million).