Logistics segment
in € million |
|
|
|
Change |
||
|---|---|---|---|---|---|---|
Revenue |
|
19.2 |
|
21.1 |
|
- 8.8 % |
EBITDA |
|
2.3 |
|
2.7 |
|
- 13.9 % |
EBITDA margin in % |
|
12.2 |
|
13.0 |
|
- 0.8 pp |
EBIT |
|
- 0.9 |
|
0.4 |
|
neg. |
EBIT margin in % |
|
- 4.5 |
|
1.7 |
|
neg. |
At-equity earnings |
|
1.1 |
|
0.7 |
|
59.5 % |
At € 19.2 million, revenue of the consolidated companies in the first three months was 8.8 % down on the previous year (€ 21.1 million). This was mainly due to a strong decline in revenue in vehicle logistics, which was only partially offset by strong revenue growth of the leasing company for intermodal traffic.
There was a negative operating result (EBIT) of € 0.9 million (previous year: € 0.4 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 € 0.4 million to € 1.1 million (previous year: € 0.7 million).