Supply Chain Solutions segment
Business performance and order intake
Order intake in the Supply Chain Solutions segment amounted to €431.2 million in 2016. Dematic only contributed two months, and Retrotech ten months, to the order volume in the year under review. The segment managed to win new customer projects in a number of regions, including Europe. These projects focused on e-commerce, food retail and general trade in goods.
Revenue
Total segment revenue rose to €366.0 million as a result of acquisitions, although Dematic was only included for a period of two months. Business solutions activities outside the KION Group accounted for 72.4 per cent of revenue and the service business for 27.6 per cent. The segment generated almost half of its revenue in North America.
Earnings
Adjusted EBIT amounted to €6.0 million (2015: €2.0 million). The adjusted EBIT margin for this segment was 1.6 percent (2015: 6.1 percent). After taking into account non-recurring items and purchase price allocation effects, EBIT came to minus €31.7 million (2015: €1.2 million).
Adjusted EBITDA amounted to €10.8 million with an adjusted EBITDA margin of 3.0 per cent. > TABLE 023
Key figures – Supply Chain Solutions – |
|
|
023 |
in € million |
2016 |
2015 |
Change |
Order intake |
431.2 |
48.8 |
> 100% |
Total revenue |
366.0 |
33.0 |
> 100% |
EBITDA |
5.1 |
2.4 |
> 100% |
Adjusted EBITDA |
10.8 |
2.4 |
> 100% |
EBIT |
–31.7 |
1.2 |
<–100% |
Adjusted EBIT |
6.0 |
2.0 |
> 100% |
|
|
|
|
Adjusted EBITDA margin |
3.0% |
7.2% |
– |
Adjusted EBIT margin |
1.6% |
6.1% |
– |