2019 at a glance

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Letter to the Shareholders

In its 135-year history, HHLA has mastered many a crisis. With our experience and knowledge, we will once again work with determination and courage for a successful future.

Angela TitzrathChairwoman of the Executive Board

Key Figures 2019

Group

Revenue in € million
  • 2019 1,382.6
  • 2018 1,291.1
Profit after tax and minority interests in € million
  • 2019 103.3
  • 2018 112.3
EBIT in € million
  • 2019 221.2
  • 2018 204.2
Operating cash flow in € million
  • 2019 322.7
  • 2018 232.7

16.0 %

EBIT margin

10.8 %

ROCE

Port Logistics

Revenue in € million
  • 2019 1,350.0
  • 2018 1,258.5
Earnings per share in €
  • 2019 1.34
  • 2018 1.47
EBIT in € million
  • 2019 204.4
  • 2018 188.4
Operating cash flow in € million
  • 2019 303.0
  • 2018 214.8

15.1 %

EBIT margin

11.1 %

ROCE

Real Estate

Revenue in € million
  • 2019 40.2
  • 2018 39.3
Earnings per share in €
  • 2019 3.57
  • 2018 3.46
EBIT in € million
  • 2019 16.5
  • 2018 15.5

40.9 %

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
  • 2019 7,577
  • 2018 7,336
Revenue
in € million
  • 2019 799.7
  • 2018 758.9

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
  • 2019 1,565
  • 2018 1,480
Revenue
in € million
  • 2019 486.9
  • 2018 433.8

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. New business activities such as additive manufacturing or airborne logistics services complement the range of services. Additionally, HHLA markets its expertise in infrastructure and project development internationally.

Revenue in € million
  • 2019 59.0
  • 2018 59.8

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
  • 2019 40.2
  • 2018 39.3

3 %

Share of revenue

Chronicle 2019

Sustainability

Ecology

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’s ambitious target to reduce specific CO2 emissions per container by at least 30 % by 2020 compared to 2008 has already been achieved in 2019 at 38.7 %. HHLA wants to have cut its total CO2 emissions at least in half by 2030, and be climate-neutral by 2040.

Changes in specific CO2 emissions in %
  • 2019 70.0
  • 2018 100.0

Until 2040

HHLA intends to operate climate-neutral by 2040

Society

Highly competent and hard-working employees form the foundation of our success. As HHLA’s aims to provide its services predominantly with its own personnel, the long-term positive development of the company results in additional jobs, currently mainly in the Intermodal segment. 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.

Development of headcount
  • 2019 6,296
  • 2018 5,937

11.1 %

more employees since 2015

4.6 million

invested in educating and training in 2019

Economy

Net value added serves as an indicator for the economic added value generated by HHLA. Added value is shared between employees, shareholders, the state (taxes) and lenders. The added value ratio of HHLA rose by 5.9 % against previous year.

Value added in € million
  • 2019 715.8
  • 2018 696.0

3.2 billion

value added since 2015