Corporate Services segment
Business performance
The Corporate Services segment comprises holding companies and other service companies that provide services such as IT, logistics, and general administration across all segments.
Revenue and earnings
Total revenue for the segment increased moderately to €262.6 million (Q1–Q3 2019: €250.6 million).
Adjusted EBIT for the segment came to €7.1 million (Q1–Q3 2019: €86.0 million) and included intra-group dividend income of €32.4 million (Q1–Q3 2019: €133.8 million). Excluding intra-group dividend income, adjusted EBIT was minus €25.3 million (Q1–Q3 2019: minus €47.8 million); lower personnel expenses contributed to this improvement. Adjusted EBITDA stood at €33.9 million, or €1.5 million if intra-group dividend income is excluded (Q1–Q3 2019: €109.6 million, or minus €24.2 million).
in € million |
Q3 |
Q3 |
Change |
Q1 – Q3 |
Q1 – Q3 |
Change |
|---|---|---|---|---|---|---|
Order intake |
88.9 |
93.8 |
–5.2% |
262.6 |
250.6 |
4.8% |
Total revenue |
88.9 |
93.8 |
–5.2% |
262.6 |
250.6 |
4.8% |
EBITDA |
10.0 |
1.4 |
>100% |
32.0 |
109.2 |
–70.7% |
Adjusted EBITDA |
10.6 |
1.7 |
>100% |
33.9 |
109.6 |
–69.1% |
EBIT |
0.4 |
–7.1 |
>100% |
5.2 |
85.6 |
–93.9% |
Adjusted EBIT |
1.0 |
–6.9 |
>100% |
7.1 |
86.0 |
–91.8% |