Supply Chain Solutions segment
Business performance and order intake
Order intake in the Supply Chain Solutions segment amounted to €461.3 million in the first quarter of 2017 (Q1 2016: €35.1 million) and includes not only long-term project business but also the service business. > TABLE 08
Key figures – Supply Chain Solutions – |
08 |
||
in € million |
Q1 2017 |
Q1 2016 |
Change |
Order intake |
461.3 |
35.1 |
>100% |
Total revenue |
483.0 |
19.8 |
>100% |
EBITDA |
35.5 |
–0.6 |
>100% |
Adjusted EBITDA |
41.0 |
–0.6 |
>100% |
EBIT |
–17.6 |
–1.4 |
<–100% |
Adjusted EBIT |
34.2 |
–0.8 |
>100% |
|
|
|
|
Adjusted EBITDA margin |
8.5% |
–3.2% |
– |
Adjusted EBIT margin |
7.1% |
–4.2% |
– |
Revenue
The segment reported revenue of €483.0 million (Q1 2016: €19.8 million excluding Dematic). Business solutions activities – the long-term project business – accounted for 75.1 percent of revenue and the service business for 24.9 percent. The segment generated around 52.8 percent of its revenue in North America.
Earnings
Adjusted EBIT of €34.2 million (Q1 2016: minus €0.8 million excluding Dematic) resulted in an adjusted EBIT margin of 7.1 percent (Q1 2016: minus 4.2 percent). After taking into account non-recurring items and purchase price allocation effects, EBIT came to minus €17.6 million (Q1 2016: minus €1.4 million).
Adjusted EBITDA amounted to €41.0 million with an adjusted EBITDA margin of 8.5 percent.