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, increased to €156.9 million (H1 2018: €151.0 million).

Adjusted EBIT for the segment came to €92.8 million (H1 2018: €72.9 million) and included intra-group dividend income of €123.6 million (H1 2018: €98.6 million). Adjusted EBIT excluding intra-group dividend income amounted to minus €30.8 million (H1 2018: minus €25.7 million). Adjusted EBITDA stood at €107.9 million, or minus €15.7 million excluding intra-group dividend income (H1 2018: €87.4 million, or minus €11.2 million). > TABLE 10

Key figures – Corporate Services

10

in € million

Q2 2019

Q2 2018

Change

Q1 – Q2 2019

Q1 – Q2 2018

Change

Order intake

76.9

74.9

2.6%

156.9

151.0

3.9%

Total revenue

76.9

74.9

2.6%

156.9

151.0

3.9%

EBITDA

115.0

93.1

23.6%

107.8

86.7

24.4%

Adjusted EBITDA

115.1

93.6

22.9%

107.9

87.4

23.5%

EBIT

107.4

85.3

25.8%

92.7

72.2

28.4%

Adjusted EBIT

107.5

85.9

25.1%

92.8

72.9

27.3%