Supply Chain Solutions segment
Business performance and order intake
In the Supply Chain Solutions segment, the project and service business generated orders worth €1,406.3 million in the first three quarters of 2017 (Q1 – Q3 2016: €117.9 million excluding Dematic). > TABLE 08
|
Key figures – Supply Chain Solutions – |
08 |
|||||
|
in € million |
Q3 2017 |
Q3 2016 |
Change |
Q1 – Q3 2017 |
Q1 – Q3 2016 |
Change |
|
Order intake |
492.7 |
38.1 |
>100% |
1,406.3 |
117.9 |
>100% |
|
Total revenue |
514.2 |
27.2 |
>100% |
1,593.2 |
74.8 |
>100% |
|
EBITDA |
55.5 |
–0.5 |
>100% |
156.3 |
–3.0 |
>100% |
|
Adjusted EBITDA |
66.0 |
–0.5 |
>100% |
175.3 |
–2.6 |
>100% |
|
EBIT |
2.4 |
–1.8 |
>100% |
–1.8 |
–6.5 |
73.1% |
|
Adjusted EBIT |
58.7 |
–0.8 |
>100% |
154.2 |
–3.3 |
>100% |
|
|
|
|
|
|
|
|
|
Adjusted EBITDA margin |
12.8% |
–1.9% |
– |
11.0% |
–3.4% |
– |
|
Adjusted EBIT margin |
11.4% |
–2.9% |
– |
9.7% |
–4.4% |
– |
Revenue
The segment reported total revenue of €1,593.2 million (Q1 – Q3 2016: €74.8 million excluding Dematic). 76.7 per cent of this was attributable to the long-term project business (Business Solutions). More than half the revenue was generated in North America.
Earnings
The adjusted EBIT of €154.2 million (Q1–Q3 2016: minus €3.3 million excluding Dematic) resulted in an adjusted EBIT margin of 9.7 per cent (Q1 – Q3 2016: minus 4.4 per cent). The negative effects of the purchase price allocation (PPA) amounted to €138.8 million. The non-recurring items incurred in connection with the integration of Dematic and the start-up costs for the factory in Monterrey, Mexico, came to €17.1 million. Without adjusting for these effects, EBIT stood at minus €1.8 million (Q1 – Q3 2016: minus €6.5 million).
Adjusted EBITDA amounted to €175.3; the adjusted EBITDA margin was 11.0 per cent.