HHLA Hamburg Achieves Goals in Fiscal Year 2019

HHLA Hamburg Achieves Goals in Fiscal Year 2019. Revenue and Operating Result (EBIT) Increase. Moderate Rise in Container Handling, Significant Increase in Transport Volume

(Hamburg, 13.02.2020) Hamburger Hafen und Logistik AG (HHLA) increased its consolidated revenue by 6.8 percent to 1.38 billion euros (previous year: 1.29 billion euros) in the fiscal year 2019, according to preliminary, unaudited figures. The operating result (EBIT) of the group grew by 8.8 percent to 222 million euros (previous year: 204 million euros). The publicly listed subsidiary Port Logistics achieved revenues of 1.35 billion euros (previous year: 1.26 billion euros) and an operating result (EBIT) of 205 million euros (previous year: 188 million euros).At the HHLA container terminals, a total of 7.6 million standard containers (TEU) were handled in the fiscal year 2019. This is an increase of 3.3 percent compared to the previous year (7.3 million TEU). The container handling at the three Hamburg container terminals slightly exceeded the high level of the previous year, while handling at the international HHLA container terminals in Odessa (Ukraine) and Tallinn (Estonia) was significantly above the previous year’s level. The previous year’s figures are only partially comparable, as the container terminal in Tallinn was only integrated into HHLA’s consolidation circle at the end of the second quarter of 2018. HHLA’s intermodal activities surpassed the strong previous year’s result by 5.7 percent with a transport volume of 1.57 million TEU (previous year: 1.48 million TEU). This result was supported by both rail and road transport.

Photo: HHLA / Thies Rätzke

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