2021 a strong year for HHLA
The revenues of Hamburger Hafen and Logistik AG (HHLA) increased by 12.7% to almost EUR 1.5 billion in 2021 (EUR 1.3 billion in 2020), despite the effects of the pandemic and the war in Ukraine. The group’s operating result (ebit) leapt to EUR 228.2 million, compared to the previous year’s ebit of EUR 123.6 million. Profits after tax and minority interests went up to EUR 112.3 million (EUR 42.6 million in 2020).
While container throughput rose by 2.5% compared to the previous year, to 6.9 million teu, the transport volume increased by 10% to almost 1.7 million teu. The positive development of cargo volumes was largely due to the Far East and North and South America shipping regions.
Throughput volumes at HHLA’s three international container terminals in Odessa, Tallinn and Trieste rose by 5.3% to 615,000 teu (584,000 teu in 2020). An HHLA spokesperson said that "we assume that business activities at the HHLA container terminal in Odessa, which has been directly affected by the war, will cease, at least for the time being. Future developments can’t be foreseen.” (sh)