Linde Material Handling segment

Order intake in the Linde Material Handling (LMH) segment amounted to €1,760.9 million in the first half of 2015, an increase of 13.1 per cent. Only €15.3 million of this rise was attributable to KION India, which has been part of the LMH segment since the start of the year. LMH registered increasing order numbers in Asia and western Europe, especially in the second quarter. Positive currency effects also helped to boost the volume of orders.

Segment revenue, which also contained positive currency effects, advanced by 11.8 per cent compared with the first six months of 2014, reaching €1,650.3 million (H1 2014: €1,476.7 million). The main factor in this rise was the strength of new truck business, which was bolstered by all product groups. There was also growth in the service business, particularly after-sales and rental business.

Adjusted EBIT amounted to €172.1 million, which was far higher than the figure for the first six months of last year (H1 2014: €158.3 million) owing to the increase in volume. The adjusted EBIT margin was 10.4 per cent (H1 2014: 10.7 per cent). Excluding the expenses for a former dealer following a court ruling, the segment’s adjusted EBIT margin would have been 10.8 per cent. > TABLE 08