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 to €128.9 million (Q1–Q3 2020: €120.9 million).
Adjusted EBIT for the segment rose to €36.7 million (Q1–Q3 2020: €3.0 million). Higher personnel expenses attributable to variable remuneration components and increased costs in connection with groupwide strategic projects were more than offset by a sharp rise in internal income from equity investments. Excluding internal income from equity investments, adjusted EBIT amounted to minus €68.3 million (Q1–Q3 2020: minus €29.3 million). Adjusted EBITDA stood at €56.2 million (Q1–Q3 2020: €25.3 million) or minus €48.9 million (Q1–Q3 2020: minus €7.0 million) excluding intra-group income from equity investments.
in € million |
Q3 |
Q3 |
Change |
Q1 – Q3 |
Q1 – Q3 |
Change |
||
|---|---|---|---|---|---|---|---|---|
Order intake |
43.6 |
41.7 |
4.7% |
128.9 |
120.9 |
6.7% |
||
Total revenue |
43.6 |
41.7 |
4.7% |
128.9 |
120.9 |
6.7% |
||
EBITDA |
62.5 |
6.8 |
> 100% |
58.7 |
23.4 |
> 100% |
||
Adjusted EBITDA |
63.6 |
7.4 |
> 100% |
56.2 |
25.3 |
> 100% |
||
EBIT |
56.1 |
–1.3 |
> 100% |
39.3 |
1.1 |
> 100% |
||
Adjusted EBIT |
57.1 |
–0.7 |
> 100% |
36.7 |
3.0 |
> 100% |
||
|
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