Corporate Services segment
Business performance
The Corporate Services segment comprises holding companies and other service companies that provide services such as IT and logistics across all segments.
Revenue and earnings
Total segment revenue came to €266.6 million (2016: €242.0 million) and was predominantly derived from internal IT and logistics services.
The segment reported adjusted EBIT of €530.7 million (2016: €305.9 million). This significant increase was attributable to the strong financial performance of the subsidiaries, which resulted in higher intra-group dividend income (including profit and loss transfers) than in the previous year. Adjusted EBITDA amounted to €546.0 million (2016: €323.5 million). > TABLE 025
Key figures – Corporate Services – |
|
|
025 |
in € million |
2017 |
2016 |
Change |
Order intake |
266.6 |
242.0 |
10.2% |
Total revenue |
266.6 |
242.0 |
10.2% |
EBITDA |
537.5 |
292.5 |
83.8% |
Adjusted EBITDA |
546.0 |
323.5 |
68.8% |
EBIT |
522.2 |
274.9 |
90.0% |
Adjusted EBIT |
530.7 |
305.9 |
73.5% |