Linde Material Handling segment

Order intake in the Linde Material Handling (LMH) segment amounted to €2,579.3 million in the first nine months of 2015, an increase of 13.5 per cent. Of this rise, €24.0 million was attributable to KION India, which has been part of the LMH segment since the start of the year. The growing number of orders in western Europe and China played a part, too. Positive currency effects also helped to boost the volume of orders.

Segment revenue, which also contained positive currency effects, advanced by 10.1 per cent compared with the first nine months of 2014, reaching €2,463.0 million (Q1 – Q3 2014: €2,237.5 million). The main influencing factor was the increase in new truck business, a trend that was primarily attributable to rising sales of warehouse trucks and electric forklift trucks in western Europe. There was also growth across all areas of the service business, with particularly sharp rises in after-sales and rental business. Adjusted EBIT amounted to €267.8 million, which was higher than the figure for the first nine months of last year (Q1 – Q3 2014: €241.1 million) owing to the increase in revenue. The adjusted EBIT margin was 10.9 per cent (Q1 – Q3 2014: 10.8 per cent). > TABLE 08