Half-year Financial Report January – June 2026

Looking at a Metrans train (Photo)

Half-year Financial Report January – June 2026

Discover the report
Market environment
Major achievements
Financial performance
  • Geopolitical tensions and macroeconomic uncertainties weighed on international trade flows
  • In addition to a weather-related poor start to the year, infrastructure measures relating to the rail network and extensive modernisation measures at the Hamburg container terminals adversely affected operating business
  • Electrification of the hinterland fleet at CTA completed
  • Progress at CTB: Expansion of automated handling with AGVs and commissioning of the workshop
  • Doubling of handling capacity for Airbus aircraft parts through expansion of handling areas at CTT
  • Network expansion through the acquisition of a 50% stake in an intermodal terminal in Romania
  • Container throughput declined by 6.7 %; container transport volumes decreased by 1.2 %
  • Revenue in the Port Logistics subgroup increased by 3.0% to € 891.6 million despite lower volumes, supported in particular by additional storage fee income and favourable effects from the revenue mix
  • At € 43.7 million, EBIT in the Port Logistics subgroup was 39.7 % below the prior-year level due to severe operational burdens

Foreword

Jeroen Eijsink – CEO (Photo)

Jeroen Eijsink

Chief Executive Officer

We are convinced that we can offer our clients the most reliable service in Europe over the long term.
Foreword

Key figures January – June 2026

Group
Port Logistics
Real Estate

2,959

- 6.7 %

Container throughput
in TEU thousand

985

- 1.2 %

Container transport
in TEU thousand

910.9

3.0 %

Revenue
in € million

51.3

- 35.3 %

EBIT
in € million

5.6

- 3.4 pp

EBIT margin
in %

- 4.2

neg.

Profit after tax and
minority interests
in € million

To the Income statement

891.6

3.0 %

Revenue
in € million

43.7

- 39.7 %

EBIT
in € million

4.9

- 3.5 pp

EBIT margin
in %

-0.11

neg.

Earnings per share
in €

To the Income statement

24.2

3.7 %

Revenue
in € million

7.5

11.0 %

EBIT
in € million

30.9

2.1 pp

EBIT margin
in %

1.51

7.7 %

Earnings per share
in €

To the Income statement

HHLA segments

426.6

Revenue
in € million

46 %

Share of revenue

426.6

Revenue
in € million

46 %

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 segment

425.5

Revenue
in € million

46 %

Share of revenue

425.5

Revenue
in € million

46 %

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 segment

48.0

Revenue
in € million

5 %

Share of revenue

48.0

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. Business activities for process automation, digital services and leasing services, particularly for the Intermodal segment, complete the portfolio of services. HHLA also markets its expertise in infrastructure and project development internationally.

To the Logistics segment

24.2

Revenue
in € million

3 %

Share of revenue

24.2

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