Other segment
Group head office functions that do not come under any other segment, plus the Indian brand company Voltas, are reported in the Other segment. The small year-on-year decrease in total revenue was primarily attributable to a reduction in intra-group services. Revenue generated outside the KION Group totalled €19.4 million (H1 2013: €23.2 million). The volume of business and order intake at Voltas were both down compared with the first half of 2013.
Unlike in the first half of 2013, the Other segment’s adjusted EBIT was well into positive territory at €22.5 million (H1 2013: minus €10.9 million), which was due to the intra-group dividend income received of €34.6 million. It therefore offset the primary costs for central group functions and other overhead costs. >> TABLE 11
Key figures − Other − |
>>TABLE 11 |
|||||
in € million |
Q2 2014 |
Q2 2013 |
Change |
Q1 – Q2 2014 |
Q1 – Q2 2013 |
Change |
|
|
|
|
|
|
|
Order intake |
58.7 |
59.1 |
–0.8% |
116.0 |
122.2 |
–5.1% |
Revenue |
58.2 |
58.9 |
–1.1% |
115.0 |
122.0 |
–5.8% |
EBITDA |
30.1 |
–8.3 |
>100% |
26.7 |
–4.9 |
>100% |
Adjusted EBITDA |
33.7 |
–1.2 |
>100% |
31.2 |
–2.1 |
>100% |
EBIT |
25.6 |
–12.7 |
>100% |
18.0 |
–13.6 |
>100% |
Adjusted EBIT |
29.2 |
–5.5 |
>100% |
22.5 |
–10.9 |
>100% |