Supply Chain Solutions segment

Business performance and order intake

Order intake in the Supply Chain Solutions segment amounted to €461.3 million in the first quarter of 2017 (Q1 2016: €35.1 million) and includes not only long-term project business but also the service business. > TABLE 08

Key figures – Supply Chain Solutions –

08

in € million

Q1 2017

Q1 2016

Change

Order intake

461.3

35.1

>100%

Total revenue

483.0

19.8

>100%

EBITDA

35.5

–0.6

>100%

Adjusted EBITDA

41.0

–0.6

>100%

EBIT

–17.6

–1.4

<–100%

Adjusted EBIT

34.2

–0.8

>100%

 

 

 

 

Adjusted EBITDA margin

8.5%

–3.2%

Adjusted EBIT margin

7.1%

–4.2%

Revenue

The segment reported revenue of €483.0 million (Q1 2016: €19.8 million excluding Dematic). Business solutions activities – the long-term project business – accounted for 75.1 percent of revenue and the service business for 24.9 percent. The segment generated around 52.8 percent of its revenue in North America.

Earnings

Adjusted EBIT of €34.2 million (Q1 2016: minus €0.8 million excluding Dematic) resulted in an adjusted EBIT margin of 7.1 percent (Q1 2016: minus 4.2 percent). After taking into account non-recurring items and purchase price allocation effects, EBIT came to minus €17.6 million (Q1 2016: minus €1.4 million).

Adjusted EBITDA amounted to €41.0 million with an adjusted EBITDA margin of 8.5 percent.