The listed Port Logistics subgroup recorded a significant rise in revenue of 7.3 percent to € 1.35 billion (previous year: € 1.26 billion). The operating result (EBIT) also grew substantially by 8.5 percent to € 204.4 million (previous year: € 188.4 million), thereby increasing the EBIT margin slightly to 15.1 percent. The initial application of IFRS 16 also had a positive effect here, contributing approximately € 13.4 million.
In total, 7.6 million standard containers (TEU) were handled at HHLA’s container terminals in the 2019 financial year. This is 3.3 percent more than in the previous year (7.3 million TEU). Container throughput at the three container terminals in Hamburg slightly exceeded the high level achieved the previous year, while throughput at the international HHLA container terminals in Odessa (Ukraine) and Tallinn (Estonia) was up significantly on the previous year’s level. However, it should be noted that the figures for the previous year are only partly comparable as the container terminal in Tallinn was first integrated into the HHLA consolidated group at the end of the second quarter of 2018.
With a transport volume of 1.57 million TEU (previous year: 1.48 million TEU), HHLA’s intermodal activities were up 5.7 percent on the previous year’s strong result. This result was driven by both rail and road transport.
Real Estate subgroup: business development in 2019