Annual Report 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 rose significantly on potential punitive tariffs after US election, while Far East shipping region was burdened by China’s economic weakness
- Hamburg terminals: extensive test phase of automated guided vehicles (AGVs) at CTB
- Acquisition of 51 % stake in Austrian intermodal service provider Roland Spedition closed in Q2
- Prototype testing of hydrogen-powered tractor unit at CTT
- Resumption of waterside handling at CTO in Q3
- Container throughput up by 0.9 %; container transport rose by 11.6 %
- Revenue and EBIT growth of 8.9 % supported by an increase in transport volumes and temporary higher storage fees at Hamburg container terminals, leading to EPS of € 0.32
- Capex below plan due to postponements in the implementation of investment projects
- Dividend proposal of € 0.16 per class A share
Foreword
Key figures 2024
Sustainability
By 42.1 %
absolute CO2e emissions 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.
Society€ 717 million
+ 11.3 %
Value added
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 largest proportion of 85.2 % went to employees.
Corporate citizenshipHHLA Segments
773.3
Revenue
in € million
48 %
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 and Trieste in Italy.
To the Container segment711.3
Revenue
in € million
44 %
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 segment83.7
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 as well as and other digital services and leasing services for the intermodal sector complement the range of services. HHLA also markets its expertise in infrastructure and project development internationally.
To the Logistics segment46.1
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