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
The segment’s total revenue, which mainly resulted from internal IT and logistics services, came to €64.1 million (Q1 2016: €53.0 million).
Adjusted EBIT for the segment was well into positive territory at €164.4 million (Q1 2016: minus €12.4 million) thanks to intra-group dividend income of €175.7 million. Accordingly, adjusted EBITDA came to €168.6 million (Q1 2016: minus €8.2 million). > TABLE 09
Key figures – Corporate Services – |
09 |
||
in € million |
Q1 2017 |
Q1 2016 |
Change |
Order intake |
64.1 |
53.0 |
20.9% |
Total revenue |
64.1 |
53.0 |
21.0% |
EBITDA |
164.8 |
–8.8 |
>100% |
Adjusted EBITDA |
168.6 |
–8.2 |
>100% |
EBIT |
160.6 |
–13.0 |
>100% |
Adjusted EBIT |
164.4 |
–12.4 |
>100% |