Linde Material Handling segment

Despite negative currency effects, order intake in the Linde Material Handling (LMH) segment amounted to €2,645.7 million in the nine-month period, which was above the high level reported a year earlier (Q1 – Q3 2015: €2,579.3 million).

Segment revenue improved by 3.0 per cent to €2,537.7 million (Q1 – Q3 2015: €2,463.0 million). The main factor in this increase was higher unit sales of new trucks in Germany, France and Italy, which easily offset the decreases in the United Kingdom, Asia and elsewhere. In the service business, there were significant gains in all categories.

The positive effect from revenue combined with the margin improvements in new truck business resulted in adjusted EBIT of €311.5 million, which was significantly higher than in the prior-year period (Q1 – Q3 2015: €267.8 million). Consequently, the adjusted EBIT margin increased to 12.3 per cent (Q1 – Q3 2015: 10.9 per cent). > TABLE 08

Key figures − LMH −

 

 

 

 

 

08

in € million

Q3 2016

Q3 2015

Change

Q1 – Q3 2016

Q1 – Q3 2015

Change

Order intake

863.6

818.4

5.5%

2,645.7

2,579.3

2.6%

Revenue

831.1

812.8

2.3%

2,537.7

2,463.0

3.0%

EBITDA

142.8

133.0

7.3%

433.2

379.2

14.3%

Adjusted EBITDA

143.3

134.5

6.5%

434.0

383.4

13.2%

EBIT

95.9

88.5

8.3%

293.7

246.2

19.3%

Adjusted EBIT

102.1

95.7

6.7%

311.5

267.8

16.3%

 

 

 

 

 

 

 

Adjusted EBITDA margin

17.2%

16.6%

17.1%

15.6%

Adjusted EBIT margin

12.3%

11.8%

12.3%

10.9%