Half-year Financial Report January – June 2024
Discover the report- China’s pronounced economic weakness, geopolitical tensions, the military conflict in the Middle East and the ongoing war in Ukraine continued to dampen economic recovery
- High degree of volatility due to the military conflict in the Red Sea and the subsequent route changes, leading to many deviations in the schedules of shipping liner services
- Hamburg terminals: First AGVs for testing area at CTB and new IT system implemented
- Acquisition of 51 % stake in Austrian intermodal service provider Roland Spedition closed in Q2
- Metrans pushes expansion of intermodal capacities and extends terminal area in Dunajská Streda
- Sustainable innovation: HHLA put the first two electrically powered trucks into operation to decarbonize the last mile and open up the first hydrogen filling station for port vehicles at CTT
- Container throughput up by 2.2 %; container transport rose by 1.8 %
- Revenue gain of 4.9 % supported by temporary higher storage fees
- Positive EBIT supported by temporary higher storage fees and earnings safeguarding measures
- EPS of € 0.12
Foreword
Key figures January – June
HHLA segments
Container
378.7
Revenue
in € million
49 %
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 und Trieste in Italy.
To the Container segmentIntermodal
327.7
Revenue
in € million
43 %
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 transhipments in the Port of Hamburg round off the service portfolio.
To the Intermodal segmentLogistics
38.7
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 and other digital services for the intermodal sector complement the range of services. HHLA also markets its expertise in infrastructure and project development internationally.
To the Logistics segmentReal Estate
23.0
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