Interim Statement January – September 2024
Discover the report- Ongoing economic weakness in Germany, the military conflict in the Middle East with its impact on sea routes and the war in Ukraine continued to affect global trade
- Cargo flows from / to North America increased significantly, indicating that US companies are stocking up in anticipation of potential punitive tariffs after the US election
- Hamburg terminals: Extensive test phase of automated guided vehicles (AGVs) at CTB underway
- Acquisition of 51 % stake in Austrian intermodal service provider Roland Spedition closed in Q2
- Prototype testing of a hydrogen-powered tractor unit at CTT
- Resumption of waterside handling at CTO in Q3
- Container throughput up by 0.9 %; container transport rose by 8.1 %
- Revenue increase of 8.9 % supported by rise in transport volume and temporary higher storage fees at Hamburg container terminals
- EBIT development mainly driven by temporary elevated storage fees; EPS of € 0.22
Foreword
Key figures January – September
HHLA segments
Container
578.1
Revenue
in € million
49 %
Share of revenue
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, Tallinn in Estonia und Trieste in Italy.
To the Container segmentIntermodal
521.9
Revenue
in € million
43 %
Share of revenue
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. Truck transports in the local area and in European long-distance traffic as well as transhipments in the Port of Hamburg round off the service portfolio.
To the Intermodal segmentLogistics
60.2
Revenue
in € million
5 %
Share of revenue
In this segment, HHLA pools a wide range of port-related services such as dry bulk, vehicle and fruit logistics. Process automation, air-based logistics services and other digital services for the intermodal sector complement the range of services. HHLA also markets its expertise in infrastructure and project development internationally.
To the Logistics segmentReal Estate
34.3
Revenue
in € million
3 %
Share of revenue
With the long-term development of the landmarked Speicherstadt historical warehouse district as well as the Hamburg Fish Market on the banks of the River Elbe in Altona, HHLA is committed to a site development that is in line with the market and geared towards sustainability.
To the Real Estate segment