Logistics segment
in € million |
|
2023 |
|
2022 |
|
Change |
|---|---|---|---|---|---|---|
Revenue |
|
78.2 |
|
77.6 |
|
0.8 % |
EBITDA |
|
10.6 |
|
4.9 |
|
113.8 % |
EBITDA margin in % |
|
13.5 |
|
6.4 |
|
7.1 pp |
EBIT |
|
0.6 |
|
- 6.9 |
|
pos. |
EBIT margin in % |
|
0.7 |
|
- 8.8 |
|
pos. |
At-equity earnings |
|
4.1 |
|
4.2 |
|
- 2.2 % |
The key financial figures for the Logistics segment include the vehicle logistics, consultancy and digital services divisions, a leasing company for the Intermodal segment and business activities with which HHLA aims to tap new growth fields. The results from dry bulk and fruit logistics are included in at-equity earnings.
The consolidated companies reported revenue of € 78.2 million in the 2023 financial year, up 0.8 % on the prior-year figure of € 77.6 million. The leasing company not yet included in the previous year was able to more than offset lower revenue in the vehicle logistics, consultancy and digital services divisions.
The operating result (EBIT) amounted to € 0.6 million in the reporting period (previous year: € - 6.9 million). The previous year was burdened by an impairment of around € 4 million for activities aimed at opening up new growth fields. The vehicle logistics division and the newly incorporated leasing company contributed to the improvement in earnings during the reporting period.
At-equity earnings of € 4.1 million in the Logistics segment in the 2023 financial year were down slightly on the prior-year figure (previous year: € 4.2 million).