Corporate Services segment

Business performance

The Corporate Services segment comprises holding companies and other service companies that provide services such as IT and general administration across all segments.

Revenue and earnings

Total segment revenue increased moderately to €43.7 million (Q1 2020: €39.4 million).

Adjusted EBIT for the segment came to minus €16.2 million (Q1 2020: minus €12.4 million). Adjusted EBITDA was minus €9.7 million (Q1 2020: minus €5.3 million).

Key figures − Corporate Services

in € million

Q1 2021

Q1 20201

Change

Order intake

43.7

39.4

10.8%

Total revenue

43.7

39.4

10.8%

EBITDA

–10.1

–6.0

–69.0%

Adjusted EBITDA

–9.7

–5.3

–82.9%

EBIT

–16.6

–13.1

–27.1%

Adjusted EBIT

–16.2

–12.4

–30.9%

1

Effective January 1, 2021, the logistics service companies were transferred from the Corporate Services segment to the Industrial Trucks & Services segment. The 2020 segment figures have been adjusted accordingly.