- External Order entry and EBIT margin grow in the third quarter
- Revenue generated with external customers also up on a like-for-like basis compared to the previous year
- Major deals from utility RWE and European Union
T-Systems managed to substantially increase its profits in the third quarter. In the Market Unit - which is mainly external business with Deutsche Telekom's corporate customers - adjusted EBITDA increased by 11.2 percent year-on-year to EUR 179 million . The adjusted EBIT margin - the most important profitability indicator in the industry - achieved 3.8 percent after 1.5 percent in the third quarter of the prior year. Thanks to enhanced efficiency and systematic cost management, T-Systems continuously improved this indicator over the course of 2013. In the third quarter, new deals concluded with the energy provider RWE and the European Union, among others, increased order entry by 11.6 percent year-on-year in the third quarter to EUR 1.8 billion. For the first nine months of 2013, the year-on-year plus was as much as 15.0 percent. In an environment characterized by tough price competition, revenue in the Market Unit fell by 1.1 percent to EUR 1.9 billion. However, adjusted for the deconsolidated business in Italy and France as well as for currency effects, organic growth of 2.7 percent was recorded. The revenue increase at the Telekom IT unit - the Group's internal IT business in Germany - is attributable to internal IT projects delayed from previous quarters. Operating segment Systems Solutions a :
Comments on the table: a The operations of Regional Services and Solutions (RSS) have been managed by the Germany operating segment since January 1, 2013, and no longer by the Systems Solutions operating segment, to allow a more focused market approach.