Major achievements
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Successful business development continued: throughput exceeds previous year’s strong level while transport and revenues rise significantly; EBIT increases strongly
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Dampened market environment: ongoing geopolitical and economic tensions entail persistent uncertainty
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Secure future viability: investments in equipment and technology
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Ecological responsibility: roll-out of further offerings for environmentally friendly transport
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Guidance 2019 updated: HHLA expects a growing business with a significant increase in operating result*
* mainly due to changes in lease accounting policy (IFRS 16)
Letter to the Shareholders
Making HHLA ready for the future remains our aim and mission. In our view, this includes an efficient HHLA that conserves natural resources for future generations.
Angela TitzrathChairwoman of the Executive Board
Key Figures
Group
Revenue in € million
- 9M 2019 1,044.6
- 9M 2018 964.2
Profit after tax and minority interests in € million
- 9M 2019 83.8
- 9M 2018 84.1
EBIT in € million
- 9M 2019 175.4
- 9M 2018 156.1
Operating cash flow in € million
- 9M 2019 260.1
- 9M 2018 177.8
16.8 %
EBIT margin
11.5 %
ROCE
Port Logistics
Revenue in € million
- 9M 2019 1,020.2
- 9M 2018 939.9
Earnings per share in €
- 9M 2019 1.09
- 9M 2018 1.09
EBIT in € million
- 9M 2019 162.7
- 9M 2018 143.6
Operating cash flow in € million
- 9M 2019 246.4
- 9M 2018 164.8
15.9 %
EBIT margin
11.8 %
ROCE
Real Estate
Revenue in € million
- 9M 2019 29.9
- 9M 2018 29.3
Earnings per share in €
- 9M 2019 2.69
- 9M 2018 2.79
EBIT in € million
- 9M 2019 12.5
- 9M 2018 12.3
41.6 %
EBIT margin
HHLA Segments
Container
HHLA’s container terminals link ships, rail freight and trucks to create an efficient transport chain. The terminals in Hamburg form the most important European hub between Asia and Central/Eastern Europe. HHLA also operates a container terminal in the Ukrainian city of Odessa and Tallinn in Estonia.
Container throughput
in TEU thousand
- 9M 2019 5,730
- 9M 2018 5,507
Revenue
in € million
- 9M 2019 605.5
- 9M 2018 571.2
58 %
Share of revenue
Intermodal
HHLA’s rail companies operate a comprehensive transport and terminal network for container transportation and connect ports on the North and Baltic seas, as well as the Northern Adriatic, with their hinterland. Transshipments by truck within the Port of Hamburg round off the service portfolio.
Container transport
in TEU thousand
- 9M 2019 1,184
- 9M 2018 1,098
Revenue
in € million
- 9M 2019 367.9
- 9M 2018 324.0
35 %
Share of revenue
Logistics
In this segment, HHLA pools a wide range of port-related services such as dry bulk, vehicle and fruit logistics. The range of services includes both individual partially airborne logistics services as well as complete process chains. Additionally, HHLA markets its expertise in infrastructure and project development internationally.
Revenue in € million
- 9M 2019 43.9
- 9M 2018 39.9
4 %
Share of revenue
Real Estate
Following the sustainable renovation of Hamburg’s landmarked Speicherstadt historical warehouse district to create an exemplary redeveloped quarter, HHLA is committed to intelligent site development and preserving the city’s fishing tradition with the Hamburg-Altona fish market.
Revenue in € million
- 9M 2019 29.9
- 9M 2018 29.3
3 %
Share of revenue