Corporate Services segment
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 €76.0 million (Q1 2017: €64.1 million). Adjusted EBIT for the segment amounted to minus €13.0 million. The equivalent figure for the prior-year quarter, which was well into positive territory at €164.9 million, included intra-group dividend income of €175.7 million; like-for-like adjusted EBIT thus amounted to minus €10.8 million. Adjusted EBITDA stood at minus €6.2 million (Q1 2017: €171.5 million or minus €4.3 million on a like-for-like basis). > TABLE 09
Key figures – Corporate Services |
09 |
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in € million |
Q1 2018 |
Q1 2017* |
Change |
||
|
|||||
Order intake |
76.0 |
64.1 |
18.5% |
||
Total revenue |
76.0 |
64.1 |
18.5% |
||
EBITDA |
–6.4 |
167.7 |
<–100% |
||
Adjusted EBITDA |
–6.2 |
171.5 |
<–100% |
||
EBIT |
–13.1 |
161.1 |
<–100% |
||
Adjusted EBIT |
–13.0 |
164.9 |
<–100% |