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 Q3/2012, LMH showed continued resilience in the current market environment. The LMH segment, which includes the brands Linde, Fenwick and Baoli, generated a slightly lower order intake compared to the previous year quarter of 20,500 units (Q3/2011: 21,400 units). The order intake in the STILL segment, which also contains the Italian brand OM STILL, fell by 7% from 11,500 units in Q3/2011 to 10,700 units in Q3/2012. Total order intake on a value base, which includes all lines of business, remained almost stable for LMH at €733 million compared to €735 million in Q3/2011. The order intake for STILL decreased from €411 million in the previous year period to €380 million in Q3/2012.
In Q1-3/2012, the LMH segment generated a total order volume of 70,100 units, which is 2% or 1,400 units less compared to Q1-3/2011. In the LMH segment the IC-trucks generated the highest growth rates. Order volume in the STILL segment declined from 38,200 units in Q1-3/2011 to 35,600 in Q1-3/2012. On a value basis, LMH generated orders worth €2,366 million in Q1-3/2012 compared to €2,306 million in the previous year period. The order intake for STILL amounted to €1,232 million, down from €1,296 million in Q1-3/2011.
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 |
Q3 |
% of total |
Q3 |
% of total |
Q1-Q3 |
% of total |
Q1-Q3 |
% of total |
|
|
|
|
|
|
|
|
|
|
|
Order intake |
|
|
|
|
|
|
|
|
|
LMH |
733 |
68.0% |
735 |
66.1% |
2,366 |
67.8% |
2,306 |
66.6% |
|
STILL |
380 |
35.3% |
411 |
37.0% |
1,232 |
35.3% |
1,296 |
37.4% |
|
Other/Consolidation |
-35 |
-3.3% |
-34 |
-3.1% |
-110 |
-3.2% |
-137 |
-3.9% |
|
Total order intake |
1,077 |
100.0% |
1,112 |
100.0% |
3,487 |
100.0% |
3,464 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
|
|
|
LMH |
764 |
67.7% |
684 |
65.5% |
2,323 |
67.6% |
2,071 |
65.6% |
|
STILL |
404 |
35.8% |
396 |
38.0% |
1,233 |
35.9% |
1,212 |
38.4% |
|
Other/Consolidation |
-40 |
-3.5% |
-36 |
-3.5% |
-118 |
-3.4% |
-126 |
-4.0% |
|
Total revenue |
1,128 |
100.0% |
1,044 |
100.0% |
3,439 |
100.0% |
3,157 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
EBIT |
|
|
|
|
|
|
|
|
|
LMH |
73 |
91.1% |
57 |
89.2% |
240 |
87.0% |
198 |
89.0% |
|
STILL |
22 |
27.5% |
20 |
32.0% |
70 |
25.3% |
57 |
25.8% |
|
Other/Consolidation |
-15 |
-18.6% |
-13 |
-21.2% |
-34 |
-12.3% |
-33 |
-14.8% |
|
Total EBIT |
80 |
100.0% |
63 |
100.0% |
276 |
100.0% |
222 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
EBITDA |
|
|
|
|
|
|
|
|
|
LMH |
127 |
75.4% |
108 |
74.0% |
396 |
74.4% |
347 |
74.4% |
|
STILL |
51 |
30.6% |
48 |
32.8% |
157 |
29.5% |
141 |
30.3% |
|
Other/Consolidation |
-10 |
-6.1% |
-10 |
-6.8% |
-21 |
-3.9% |
-22 |
-4.6% |
|
Total EBITDA |
168 |
100.0% |
146 |
100.0% |
532 |
100.0% |
466 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
Adjusted EBIT |
|
|
|
|
|
|
|
|
|
LMH |
82 |
76.7% |
66 |
78.2% |
251 |
78.7% |
208 |
80.0% |
|
STILL |
32 |
29.7% |
23 |
27.6% |
85 |
26.6% |
68 |
26.1% |
|
Other/Consolidation |
-7 |
-6.4% |
-5 |
-5.8% |
-17 |
-5.3% |
-16 |
-6.2% |
|
Total adjusted EBIT |
106 |
100.0% |
84 |
100.0% |
319 |
100.0% |
260 |
100.0% |
|
|
|
|
|
|
|
|
|
|
|
Adjusted EBITDA |
|
|
|
|
|
|
|
|
|
LMH |
128 |
69.3% |
112 |
69.7% |
385 |
70.3% |
338 |
70.2% |
|
STILL |
59 |
31.9% |
50 |
31.1% |
167 |
30.4% |
148 |
30.7% |
|
Other/Consolidation |
-2 |
-1.1% |
-1 |
-0.8% |
-4 |
-0.7% |
-5 |
-1.0% |
|
Total adjusted EBITDA |
185 |
100.0% |
160 |
100.0% |
548 |
100.0% |
482 |
100.0% |