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%