Key Figures 1st Half-year 2010

Overview

EUR millions 1 January to 30 June 2010 +/–% 2009
Bookings 186.8 10.1 169.7
Order backlog (30 June) 129.6 44.0 90.0
       
Net revenues 150.6 – 15.3 177.7
       
Operating result (EBIT) –6.7   4.9
EBIT in % of net revenues –4.4   2.8
       
Operating result before depreciation (EBITDA) –0.5   10.0
EBITDA in % of net revenues –0.3   5.6
       
Result for the period –7.6   1.2
Result for the period in % of net revenues –5.0   0.7
       
Total comprehensive income for the period –2.4   0.7
Total comprehensive income for the period in % of net revenues –1.6   0.4
       
Capital expenditure (gross) 4.1 57.7 2.6
       
Net cash flow from operating activities –6.6   9.6
Net cash flow from operating activities in % of net revenues –4.4   5.4
       
Free cash flow –34.0   4.5
Free cash flow in % of net revenues –22.6   2.5
       
  30.06.2010 31.12.2009 30.06.2009
Net debt 61.4 20.0 23.2
Gearing 0.6 0.2 0.2
       
Equity 96.7 98.1 98.7
Equity ratio in % 32.5 40.4 39.8
       
Employees (full–time equivalents) 2130 1899 1932
Average number of employees during the period 1967 1964 1964

Net revenues by regions

EUR millions 1 January to 30 June 2010 +/–% 2009
– Euro countries 87.2 –15.0 102.6
– Rest of Europe 35.2 –17.6 42.7
– Americas 16.1 –21.1 20.4
– Asia Pacific 12.1 0.8 12.0
Total net revenues 150.6 –15.3 177.7

Segmentreporting

EUR millions 1 January to 30 June 2010 +/–% 2009
       
Kardex Remstar operating segment      
Bookings 100.5 9.4 91.9
Order backlog (30 June) 66.3 25.8 52.7
Segment net revenues 83.8 –20.9 106.0
Operating result (EBIT) –4.2   3.5
EBIT in % of segment net sales –5.0   3.3
Employees (full–time equivalents on 30 June) 1311 –2.2 1341
       
Kardex Stow operating segment      
Bookings 72.8 –6.4 77.8
Order backlog (30 June) 42.9 15.0 37.3
Segment net revenues 59.6 –17.2 72.0
Operating result (EBIT) 0.1 –96.6 2.9
EBIT in % of segment net sales 0.2 –95.8 4.0
Employees (full–time equivalents on 30 June) 565 –2.4 579
       
Kardex MLog operating segment (since May 1, 2010)
Bookings 13.5    
Order backlog (30 June) 20.4    
Segment net revenues 7.2    
Operating result (EBIT) –1.0    
EBIT in % of segment net sales –13.9    
Employees (full–time equivalents on 30 June) 241