Linde Material Handling segment

The Linde Material Handling (LMH) segment saw a continuation of the encouraging growth in the new truck business seen in the first three months of the year. Overall, order intake for the first half of 2014 was up by 10.8 per cent, reaching €1,609.6 million (H1 2013: €1,453.2 million). In western and eastern Europe in particular, LMH reported strong growth and slightly improved its market share. In Asia, the performance of LMH was slightly below the market average.

Segment revenue rose year on year by 1.2 per cent to reach €1,476.7 million. The slight decline in the new truck business was offset by a sharp increase in the service business, in part due to the first-time consolidation of the German dealer Willenbrock.

Adjusted EBIT reached €158.3 million in the first six months of the year, just short of the equivalent figure for the previous year (H1 2013: €159.4 million). The adjusted EBIT margin was 10.7 per cent (H1 2013: 10.9 per cent). >> TABLE 08

Key figures − LMH −

>>TABLE 08

in € million

Q2 2014

Q2 2013

Change

Q1 – Q2 2014

Q1 – Q2 2013

Change

 

 

 

 

 

 

 

Order intake

813.7

724.6

12.3%

1,609.6

1,453.2

10.8%

Revenue

755.8

747.9

1.1%

1,476.7

1,459.2

1.2%

EBITDA

114.5

119.2

–4.0%

227.1

226.6

0.2%

Adjusted EBITDA

122.2

117.4

4.0%

237.4

227.2

4.5%

EBIT

69.7

78.6

–11.3%

136.7

146.0

–6.4%

Adjusted EBIT

82.9

83.6

–0.7%

158.3

159.4

–0.7%

 

 

 

 

 

 

 

Adjusted EBITDA margin

16.2%

15.7%

16.1%

15.6%

Adjusted EBIT margin

11.0%

11.2%

10.7%

10.9%