The Linde Material Handling segment, which comprises the Linde, Fenwick and Baoli brand companies, demonstrated its premium positioning by launching major new products in the first half of 2013. Of particular note were the production launch of low-emission, internal-combustion counterbalance trucks with load capacities of 2 to 5 tonnes (EVO models) in January and the sales launch of the new generation of reach trucks in March.
Linde Material Handling’s order intake of € 1,353.7 million was 8.1 per cent short of the extremely high level of new orders in the first half of 2012 (€ 1,472.7 million excluding the hydraulics business). However, unlike the order intake, the revenue generated by the Linde Material Handling segment virtually matched the level achieved in the first half of 2012, amounting to € 1,459.2 million in the first six months of this year (H1 2012: € 1,463.4 million excluding the hydraulics business).
Adjusted EBIT totalled € 159.4 million, which was significantly up on the adjusted result for 2012 (€ 147.7 million, excluding the hydraulics business). The adjusted EBIT margin was also higher, up from 10.1 per cent on the first half of 2012 to 10.9 per cent in the same period in 2013. >> TABLE 08
|
Quarterly information—LMH— |
>>TABLE 08 | |||||||
|
in € million |
Q2 |
Q2 |
Change |
Q1–Q2 |
Q1–Q2 |
Change | ||
| ||||||||
|
|
|
|
|
|
|
| ||
|
Order intake1 |
673.2 |
742.3 |
-9.3 % |
1,353.7 |
1,472.7 |
-8.1 % | ||
|
Revenue1 |
747.9 |
739.0 |
1.2 % |
1,459.2 |
1,463.4 |
-0.3 % | ||
|
EBITDA |
119.2 |
130.8 |
-8.9 % |
226.6 |
251.5 |
-9.9 % | ||
|
Adjusted EBITDA1 |
117.4 |
111.3 |
5.5 % |
227.2 |
211.5 |
7.4 % | ||
|
EBIT |
78.6 |
86.5 |
-9.2 % |
146.0 |
165.2 |
-11.7 % | ||
|
Adjusted EBIT1 |
83.6 |
78.2 |
6.8 % |
159.4 |
147.7 |
7.9 % | ||
|
|
|
|
|
|
|
| ||
|
Adjusted EBITDA Margin1 |
15.7 % |
15.1 % |
– |
15.6 % |
14.5 % |
– | ||
|
Adjusted EBIT Margin1 |
11.2 % |
10.6 % |
– |
10.9 % |
10.1 % |
– | ||