Expected Financial Position 2015
HHLA still expects the balance sheet figures to develop as projected in the 2014 Annual Report. In contrast to its original assumption, however, current interest rate trends lead HHLA to assume that interest rates will rise slightly compared with year-end 2014 (previous guidance: possible potential for a further interest rate reduction).
Capital expenditure at Group level in 2015 is expected to be in the region of € 150 million (previous guidance: in the region of approx. € 170 million), almost all of which will go towards the Port Logistics subgroup.
HHLA still aims to pursue its earnings-orientated dividend policy. In order to achieve this target and enable further value-oriented growth, maintaining financial stability continues to be the company’s top priority.