Linde Material Handling segment
New truck business in the Linde Material Handling (LMH) segment has been encouraging over the year so far. LMH consolidated its global market position with a 9.9 per cent increase in the number of trucks ordered during the first nine months. In western Europe and Asia, LMH could not quite keep pace with market growth, but in eastern Europe and North America it increased its market share. The value of order intake amounted to €2,350.0 million in the nine-month period, an increase of 10.5 per cent year on year (Q1-Q3 2013: €2,126.8 million).
Segment revenue rose by 5.0 per cent year on year to reach €2,237.5 million. Slight falls in revenue from new truck business were more than outweighed by strong growth in the service business – in part due to the first-time consolidation of Willenbrock.
Adjusted EBIT reached €241.1 million, which was up on the figure for the first nine months of last year (Q1 – Q3 2013: €231.1 million). The adjusted EBIT margin was 10.8 per cent (Q1 – Q3 2013: 10.8 per cent). >> Table 08
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Key figures − LMH − |
>>TABLE 08 |
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|
in € million |
Q3 2014 |
Q3 2013 |
Change |
Q1 – Q3 2014 |
Q1 – Q3 2013 |
Change |
|
|
|
|
|
|
|
|
|
Order intake |
740.4 |
673.6 |
9.9% |
2,350.0 |
2,126.8 |
10.5% |
|
Revenue |
760.8 |
672.3 |
13.2% |
2,237.5 |
2,131.5 |
5.0% |
|
EBITDA |
81.3 |
101.8 |
–20.1% |
308.4 |
328.4 |
–6.1% |
|
Adjusted EBITDA |
115.6 |
105.5 |
9.6% |
353.0 |
332.7 |
6.1% |
|
EBIT |
43.4 |
62.2 |
–30.3% |
180.1 |
208.2 |
–13.5% |
|
Adjusted EBIT |
82.8 |
71.7 |
15.5% |
241.1 |
231.1 |
4.3% |
|
|
|
|
|
|
|
|
|
Adjusted EBITDA margin |
15.2% |
15.7% |
− |
15.8% |
15.6% |
− |
|
Adjusted EBIT margin |
10.9% |
10.7% |
− |
10.8% |
10.8% |
− |