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Annual Report 2025

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

 

Group overview

Subgroup

Port Logistics1

Listed class A shares

Segment

Container

Segment

Intermodal

Segment

Logistics

Shareholder structure

Share capital: total of 75,219,438 no-par-value registered shares

of which 72,514,938 class A shares

– listed –

Free float

3,758,899 class A shares

Port of Hamburg Beteiligungsgesellschaft SE

68,756,039 class A shares

Subgroup

Real Estate

non-listed class S shares

Segment

Real Estate

of which 2,704,500 class S shares

– non-listed –

Free and Hanseatic City of Hamburg

2,704,500 class S shares

1 incl. Holding/Other

Group overview

 (diagram)
1 incl. Holding/Other
Intermodal/Intermodal systems
Transportation via several modes of transport (water, rail, road) combining the specific advantages of the respective carriers.

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