Group structure
Hamburger Hafen und Logistik AG (HHLA) is a leading European port logistics group. It is operated as a strategic management holding company divided into two subgroups, Port Logistics and Real Estate. The class A shares, which are listed on the stock exchange, relate to the Port Logistics subgroup and entitle shareholders to participate in the result and net assets of these operations. The Real Estate subgroup includes those HHLA properties that are not specific to port handling. The performance and economic result of the Real Estate subgroup, which also pursues urban development objectives, are represented by the class S shares. These shares are not traded on the stock exchange.
The HHLA Group’s operations are conducted by 37 domestic and 37 foreign subsidiaries and associated companies. In the 2025 financial year, HHLA increased its group of consolidated companies with a view to optimising its Intermodal business and expanding its logistics-related infrastructure and digital activities. No other significant legal or organisational changes were made. Notes to the consolidated financial statements, no. 3 Composition of the Group