Half-year Financial Report January – June 2024

Key figures

HHLA Group

in € million

 

1–6 | 2024

 

1–6 | 2023

 

Change

Revenue and earnings

 

 

 

 

 

 

Revenue

 

760.3

 

727.1

 

4.6 %

EBITDA

 

143.1

 

139.0

 

2.9 %

EBITDA margin in %

 

18.8

 

19.1

 

- 0.3 pp

EBIT

 

58.9

 

50.4

 

16.8 %

EBIT margin in %

 

7.7

 

6.9

 

0.8 pp

Profit after tax

 

23.4

 

18.2

 

28.6 %

Profit after tax and non-controlling interests

 

13.2

 

8.2

 

61.7 %

Cash flow statement and investments

 

 

 

 

 

 

Cash flow from operating activities

 

99.0

 

114.6

 

- 13.7 %

Investments

 

134.3

 

153.7

 

- 12.7 %

Performance data

 

 

 

 

 

 

Container throughput in thousand TEU

 

2,940

 

2,876

 

2.2 %

Container transport in thousand TEU

 

833

 

819

 

1.8 %

 

 

 

 

 

 

 

in € million

 

30.06.2024

 

31.12.2023

 

Change

Balance sheet

 

 

 

 

 

 

Balance sheet total

 

3,043.9

 

3,010.2

 

1.1 %

Equity

 

814.9

 

807.3

 

0.9 %

Equity ratio in %

 

26.8

 

26.8

 

0.0 pp

Employees

 

 

 

 

 

 

Number of employees

 

6,877

 

6,789

 

1.3 %

HHLA subgroups

 

 

Port Logistics subgroup1,2

 

Real Estate subgroup1,3

in € million

 

1–6 | 2024

 

1–6 | 2023

 

Change

 

1–6 | 2024

 

1–6 | 2023

 

Change

Revenue

 

742.5

 

707.7

 

4.9 %

 

23.0

 

23.4

 

- 1.8 %

EBITDA

 

131.3

 

124.6

 

5.4 %

 

11.7

 

14.4

 

- 18.3 %

EBITDA margin in %

 

17.7

 

17.6

 

0.1 pp

 

51.1

 

61.5

 

- 10.4 pp

EBIT

 

51.7

 

40.5

 

27.5 %

 

7.0

 

9.7

 

- 27.7 %

EBIT margin in %

 

7.0

 

5.7

 

1.3 pp

 

30.4

 

41.3

 

- 10.9 pp

Profit after tax and non-controlling interests

 

8.9

 

2.7

 

231.5 %

 

4.4

 

5.5

 

- 20.8 %

Earnings per share in €4

 

0.12

 

0.04

 

231.5 %

 

1.61

 

2.03

 

- 20.8 %

1

Before consolidation between subgroups

2

Listed class A shares

3

Non-listed class S shares

4

Basic and diluted