Linde Material Handling segment
Despite negative currency effects, order intake in the Linde Material Handling (LMH) segment amounted to €1,782.1 million in the half-year period, which was slightly above the high level reported a year earlier (H1 2015: €1,760.9 million).
Segment revenue improved by 3.4 per cent to €1,706.6 million (H1 2015: €1,650.3 million). The main factor in this increase was higher unit sales of new trucks in western Europe. In the service business, the increase in revenue from short-term rentals was particularly strong.
The positive effect from revenue combined with the achieved margin improvements resulted in adjusted EBIT of €209.5 million, which was significantly higher than in the prior-year period (H1 2015: €172.1 million). Consequently, the adjusted EBIT margin increased to 12.3 per cent (H1 2015: 10.4 per cent). > TABLE 08
Key figures − LMH − |
|
|
|
|
|
08 |
in € million |
Q2 2016 |
Q2 2015 |
Change |
Q1 – Q2 2016 |
Q1 – Q2 2015 |
Change |
Order intake |
938.7 |
917.0 |
2.4% |
1,782.1 |
1,760.9 |
1.2% |
Revenue |
891.7 |
862.9 |
3.3% |
1,706.6 |
1,650.3 |
3.4% |
EBITDA |
163.4 |
131.6 |
24.1% |
290.5 |
246.2 |
18.0% |
Adjusted EBITDA |
163.8 |
133.1 |
23.1% |
290.6 |
248.9 |
16.8% |
EBIT |
115.9 |
87.1 |
33.1% |
197.8 |
157.7 |
25.4% |
Adjusted EBIT |
122.1 |
94.3 |
29.4% |
209.5 |
172.1 |
21.7% |
|
|
|
|
|
|
|
Adjusted EBITDA margin |
18.4% |
15.4% |
– |
17.0% |
15.1% |
– |
Adjusted EBIT margin |
13.7% |
10.9% |
– |
12.3% |
10.4% |
– |