Logistics segment
in € million |
|
|
|
Change |
||
|---|---|---|---|---|---|---|
Revenue |
|
60.2 |
|
59.0 |
|
1.9 % |
EBITDA |
|
9.1 |
|
6.4 |
|
43.3 % |
EBITDA margin in % |
|
15.1 |
|
10.8 |
|
4.3 pp |
EBIT |
|
- 1.0 |
|
- 0.8 |
|
neg. |
EBIT margin in % |
|
- 1.7 |
|
- 1.4 |
|
neg. |
At-equity earnings |
|
2.8 |
|
2.1 |
|
34.4 % |
At € 60.2 million, revenue of the consolidated companies in the first nine months was up 1.9 % on the corresponding prior-year figure (previous year: € 59.0 million). Despite a strong decline in revenue generated by vehicle logistics, there was year-on-year growth in the segment’s other business fields – most notably the leasing company for intermodal traffic.
The operating result (EBIT) showed a loss of € 1.0 million (previous year: € - 0.8 million). While the performance of individual segment companies was mixed, vehicle logistics fell well short of its strong earnings in the previous year. By contrast, there was a strong increase in the leasing company’s contribution to earnings.
Driven by bulk cargo handling, at-equity earnings of the Logistics segment rose by € 0.7 million to € 2.8 million (previous year: € 2.1 million).