Corporate Services segment

Business performance

The Corporate Services segment comprises holding companies and other service companies that provide services such as IT and logistics across all segments.

Revenue and earnings

The segment’s total revenue, which mainly resulted from internal IT and logistics services, increased to €151.0 million (H1 2017: €129.9 million).

Adjusted EBIT for the segment came to €72.9 million (H1 2017: €262.1 million) and included intra-group dividend income of €98.6 million (H1 2017: €285.0 million). Like-for-like adjusted EBIT excluding dividend income amounted to minus €25.7 million (H1 2017: minus €22.9 million). Adjusted EBITDA stood at €87.4 million, or minus €11.2 million (H1 2017: €275.1 million or minus €9.9 million). > TABLE 10

Key figures – Corporate Services

10

in € million

Q2 2018

Q2 2017*

Change

Q1 – Q2 2018

Q1 – Q2 2017*

Change

*

Key figures for 2017 were restated due to the initial application of IFRS 15 and IFRS 16

Order intake

74.9

65.8

13.9%

151.0

129.9

16.2%

Total revenue

74.9

65.8

13.9%

151.0

129.9

16.2%

EBITDA

93.1

100.7

–7.6%

86.7

268.4

–67.7%

Adjusted EBITDA

93.6

103.6

–9.7%

87.4

275.1

–68.2%

EBIT

85.3

94.3

–9.5%

72.2

255.4

–71.7%

Adjusted EBIT

85.9

97.2

–11.6%

72.9

262.1

–72.2%