Annual Report 2025
Discover the report- Business environment continued to be shaped by persistent geopolitical tensions and growing protectionist trends, weighing on global supply chains and international trade
- Cargo flows with North America declined significantly amid US tariffs, while the Far East shipping region recorded robust growth, particularly China
- Reorganisation of liner services driving a reallocation of traffic flows
- Continued progress in modernising Hamburg container terminals, incl. commissioning of new STS cranes at CTA and further expansion of automated storage blocks at CTB
- Expansion of HHLA’s intermodal network through METRANS investments, including a new intermodal hub in Hungary
- Commitment to Ukraine: majority stake of 60 % in intermodal terminal Batiovo acquired
- Container throughput up by 5.4 %; container transport rose by 10.9 %
- Revenue and EBIT development supported by stable volume growth in throughput and transport
- Profit after tax and minorities burdened by one-off, non-cash tax effect; EPS of € 0.02 leads to proposed dividend suspension for FY25
Foreword
The Power of Networks
140 years of HHLA
One container, one network: The blue‑lit HHLA container travels across Europe, symbolising the strength and performance of our network. From Hamburg as a central hub, we connect ports and hinterland via rail and road. The journey is part of HHLA’s anniversary campaign marking its 140th anniversary and brings our brand claim “The Power of Networks” to life.
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Key figures 2025
Sustainability
By 44.7 %
absolute CO2e emissions (scope 1 and 2)
have decreased since 2018 (base year)
By 2040
HHLA intends to
operate climate-neutral
Climate protection and the careful stewardship of natural resources are of particular importance for HHLA since terminals near cities need to be planned and operated with the environment especially in mind. HHLA wants to have cut its total CO2e emissions at least in half by 2030, and be climate-neutral
6,906
+ 1.7 %
Number of employees
€ 5.4 million
invested in educating
and training in 2024
Highly competent and hard-working employees form the foundation of our success. HHLA’s aims to provide its services predominantly with its own personnel, to secure employment in the long term and help to enable its employees perform their roles skillfully as they deal with current and future challenges. Additionally, HHLA supports a large number of educational projects, especially for school children, and contributes to social responsibility through an active dialogue on topics relating to the port industry.
Society80.3 %
taxonomy-alinged revenue
in the 2025 fiancial year
For 2025, HHLA can report
80.3 % taxonomy-aligned revenue,
71.6 % taxonomy-aligned CapEx and
85.4 % taxonomy-aligned OpEx. The high percentages of the taxonomy-aligned revenue, CapEx and OpEx KPIs show that the business model is focused on sustainable activities as per the EU Taxonomy.
HHLA Segments
843.2
Revenue
in € million
47 %
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 segment797.0
Revenue
in € million
45 %
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 transshipments in the Port of Hamburg round off the service portfolio.
To the Intermodal segment92.8
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. Business activities for process automation, digital services and leasing services, particularly for the Intermodal segment, complete the portfolio of services. HHLA also markets its expertise in infrastructure and project development internationally.
To the Logistics segment46.3
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