All segment data provided is before consolidation effects which reflect cross-segment revenue, internal deliveries of inventories, income from investments and other cost transfer.
Overview
In Q2/2012, both segments showed a solid performance in the current market environment. The LMH segment, which includes the brands Linde, Fenwick and Baoli, generated a slightly higher order intake of 24,100 units compared to an order intake of 23,900 units in Q2/2011. The order intake in the STILL segment, which also includes the OM STILL brand, amounted to 11,800 units (Q2/2011: 13,500 units). Total order intake on a value basis, which includes all lines of business, grew for LMH by 2% to €821 million from €802 million in Q2/2011. The order intake for STILL fell from €438 million in Q1/2011 to €422 million in Q2/2012.
In Q1-2/2012, the LMH segment generated a total order volume of 49,600 units, which is an increase of 5% or 2,300 units compared to Q1-2/2011. In the LMH segment, the IC-trucks generated the highest growth rates. Along with a decrease in market demand for warehouse trucks, order intake in the STILL segment was 7% lower at 24,900 units in Q1-2/2012 than in Q1-2/2011. On a value basis, LMH generated orders worth €1,633 million in Q1-2/2012 compared to €1,571 million in Q1-2/2011. The order intake for STILL amounted to €852 million, down from €885 million in Q1-2/2011.
The following table shows all major key figures by segments as a percentage of the KION Group in total:
|
Overview segments on a quarterly basis | ||||||||
|
€ million |
Q2 |
% of total |
Q2 |
% of total |
Q1-Q2 |
% of total |
Q1-Q2 |
% of total |
|
|
|
|
|
|
|
|
|
|
|
Order intake |
|
|
|
|
|
|
|
|
|
LMH |
821 |
68.2% |
802 |
67.1% |
1,633 |
67.8% |
1,571 |
66.8% |
|
STILL |
422 |
35.1% |
438 |
36.6% |
852 |
35.3% |
885 |
37.6% |
|
Other/Consolidation |
-40 |
-3.4% |
-45 |
-3.7% |
-75 |
-3.1% |
-102 |
-4.4% |
|
Total order intake |
1,203 |
100.0% |
1,195 |
100.0% |
2,410 |
100.0% |
2,353 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
|
|
|
LMH |
786 |
67.4% |
726 |
66.2% |
1,560 |
67.5% |
1,387 |
65.7% |
|
STILL |
417 |
35.7% |
416 |
37.9% |
829 |
35.9% |
816 |
38.6% |
|
Other/Consolidation |
-36 |
-3.1% |
-45 |
-4.1% |
-78 |
-3.4% |
-90 |
-4.3% |
|
Total revenue |
1,166 |
100.0% |
1,096 |
100.0% |
2,311 |
100.0% |
2,113 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
EBIT |
|
|
|
|
|
|
|
|
|
LMH |
88 |
83.9% |
89 |
90.0% |
167 |
85.3% |
141 |
89.0% |
|
STILL |
28 |
26.4% |
22 |
22.4% |
48 |
24.4% |
37 |
23.3% |
|
Other/Consolidation |
-11 |
-10.3% |
-12 |
-12.4% |
-19 |
-9.8% |
-19 |
-12.3% |
|
Total EBIT |
105 |
100.0% |
98 |
100.0% |
196 |
100.0% |
159 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
EBITDA |
|
|
|
|
|
|
|
|
|
LMH |
140 |
73.4% |
137 |
76.6% |
269 |
73.9% |
238 |
74.5% |
|
STILL |
57 |
29.9% |
50 |
28.0% |
106 |
29.0% |
93 |
29.1% |
|
Other/Consolidation |
-6 |
-3.3% |
-8 |
-4.6% |
-11 |
-2.9% |
-12 |
-3.7% |
|
Total EBITDA |
190 |
100.0% |
179 |
100.0% |
364 |
100.0% |
320 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
Adjusted EBIT |
|
|
|
|
|
|
|
|
|
LMH |
89 |
79.8% |
81 |
80.7% |
170 |
79.7% |
142 |
80.9% |
|
STILL |
27 |
24.5% |
26 |
25.5% |
53 |
25.0% |
45 |
25.4% |
|
Other/Consolidation |
-5 |
-4.4% |
-6 |
-6.2% |
-10 |
-4.7% |
-11 |
-6.4% |
|
Total adjusted EBIT |
111 |
100.0% |
101 |
100.0% |
213 |
100.0% |
175 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
Adjusted EBITDA |
|
|
|
|
|
|
|
|
|
LMH |
134 |
71.1% |
123 |
71.2% |
257 |
70.8% |
227 |
70.5% |
|
STILL |
55 |
29.1% |
52 |
30.1% |
108 |
29.6% |
98 |
30.5% |
|
Other/Consolidation |
-0 |
-0.2% |
-2 |
-1.3% |
-1 |
-0.4% |
-3 |
-1.1% |
|
Total adjusted EBITDA |
188 |
100.0% |
173 |
100.0% |
363 |
100.0% |
322 |
100.0% |