Categories: EuropePublished On: 14.11.2018186 words0.9 min read

HHLA exceeds strong previous year’s result

  • Group revenue increases by 2.3 percent; Group operating result (EBIT) rises by 0.6 percent
  • Significant rise in the operating result for the year as a whole
  • Chairwoman of the Executive Board, Angela Titzrath: “We will safely reach the targets set for 2018.”

Hamburger Hafen und Logistik AG (HHLA) continued its positive development in the current financial year and once again exceeded the strong previous year’s result in the first nine months of 2018. In both the Port Logistics and Real Estate subgroups, revenue and the operating result increased, or remained virtually unchanged. Revenue in the Port Logistics subgroup grew by 2.2 percent. Container throughput increased by 1.0 percent. The projected decline in container transport on account of the realignment of Polzug activities following its successful integration into the Metrans group lessened further.

In view of its positive performance, HHLA confirms anew its targets for the ongoing financial year. These include aiming for revenue in the region of the previous year, while EBIT in the subgroup Port Logistics and at the Group level will significantly increase.

Read the full article on the HHLA website here