Logistics segment
|
in € million |
|
1–9 | 2020 |
|
1–9 | 2019 |
|
Change |
|---|---|---|---|---|---|---|
|
Revenue |
|
37.9 |
|
43.9 |
|
- 13.5 % |
|
EBITDA |
|
5.4 |
|
6.0 |
|
- 9.2 % |
|
EBITDA margin in % |
|
14.4 |
|
13.7 |
|
0.7 pp |
|
EBIT |
|
- 3.6 |
|
1.7 |
|
neg. |
|
EBIT margin in % |
|
- 9.5 |
|
3.9 |
|
neg. |
|
At-equity earnings |
|
1.7 |
|
3.1 |
|
- 45.8 % |
The consolidated companies reported revenue of € 37.9 million in the reporting period, down 13.5 % on the prior-year figure (previous year: € 43.9 million). The vehicle logistics division recorded a strong decline in revenue as a result of falling volumes, while consultancy revenue was also down considerably on the previous year. Additive manufacturing technologies were first included in the group of consolidated companies in the same quarter last year.
The operating result (EBIT) for the first nine months of the year includes the expected start-up losses in new growth areas. Vehicle logistics and consultancy were also well below the corresponding prior-year figures. Following a positive result of € 1.7 million in the previous year, the Logistics segment posted a loss of € 3.6 million in the reporting period.
Revenues of those companies included in at-equity earnings decreased sharply in the reporting period. At-equity earnings of € 1.7 million were still positive in the first nine months of the year but well below the prior-year level (previous year: € 3.1 million).