Logistics Segment

Key Figures

in € million

 

1–9 | 2017

 

1–9 | 2016

 

Change

Revenue

 

37.4

 

40.5

 

- 7.8 %

EBITDA

 

4.5

 

0.4

 

pos.

EBITDA margin in %

 

12.2

 

1.0

 

11.2 pp

EBIT

 

1.3

 

- 2.6

 

pos.

EBIT margin in %

 

3.3

 

- 6.4

 

9.7 pp

At-equity earnings

 

3.3

 

3.0

 

10.0 %

Despite considerable momentum in vehicle logistics, revenue in this segment was down 7.8 % year-on-year at € 37.4 million in the first nine months of 2017 (previous year: € 40.5 million). This was primarily due to the discontinuation of project and contract logistics during the course of 2016. The segment’s operating result (EBIT) – clearly negative last year due to project and contract logistics losses – was raised to € 1.3 million in the reporting period.

The companies included in at-equity earnings recorded a year-on-year improvement in the first nine months of 2017 as a result of encouraging growth in bulk cargo handling. At-equity earnings rose by 10.0 % to € 3.3 million (previous year: (€ 3.0 million).