At a glance
-
Major achievements
- Multi-function terminal in Trieste went into operation
- HHLA kept production running despite pandemic-related restrictions
- Health & safety of employees maintained continuously
- Automation of block storage at CTB to boost efficiency continued
-
Market environment
- Persisting imbalances in trade flows due to a lack of empty containers and shipping space as a result of catch-up effects
- Delays in sailing schedules led to high pressure on terminals and hinterland transport systems
-
Results
- Container throughput impacted by the loss of a Far East service in May 2020 whereas container transport grew strongly, esp. continental rail transportation
- EBIT benefitted from rise in revenue quality
- ROCE met the medium- and long-term target of 8.5 %
Letter to the Shareholders
Our customers at the quayside and in the hinterland can count on us to handle their goods and supplies safely and reliably.
Angela TitzrathChairwoman of the Executive Board
Key Figures
Group
Revenue in € million
- 3M 2021 348.7
- 3M 2020 335.7
Profit after tax and minority interests in € million
- 3M 2021 21.3
- 3M 2020 10.1
EBIT in € million
- 3M 2021 46.3
- 3M 2020 36.7
Operating cash flow in € million
- 3M 2021 68.2
- 3M 2020 78.9
13.3 %
EBIT margin
8.7 %
ROCE
Port Logistics
Revenue in € million
- 3M 2021 342.0
- 3M 2020 327.4
Earnings per share in €
- 3M 2021 0.27
- 3M 2020 0.11
EBIT in € million
- 3M 2021 43.3
- 3M 2020 32.5
Operating cash flow in € million
- 3M 2021 63.5
- 3M 2020 73.5
12.7 %
EBIT margin
9.0 %
ROCE
Real Estate
Revenue in € million
- 3M 2021 9.1
- 3M 2020 10.1
Earnings per share in €
- 3M 2021 0.63
- 3M 2020 0.91
EBIT in € million
- 3M 2021 2.9
- 3M 2020 4.1
32.1 %
EBIT margin
HHLA Segments
Container
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 and Trieste in Italy.
Container throughput
in TEU thousand
- 3M 2021 1,677
- 3M 2020 1,796
Revenue
in € million
- 3M 2021 198.1
- 3M 2020 195.6
57 %
Share of revenue
Intermodal
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. Transshipments by truck within the Port of Hamburg round off the service portfolio.
Container transport
in TEU thousand
- 3M 2021 418
- 3M 2020 378
Revenue
in € million
- 3M 2021 124.7
- 3M 2020 116.8
36 %
Share of revenue
Logistics
In this segment, HHLA pools a wide range of port-related services such as dry bulk, vehicle and fruit logistics. New business activities such as additive manufacturing or airborne logistics services complement the range of services. Additionally, HHLA markets its expertise in infrastructure and project development internationally.
Revenue in € million
- 3M 2021 17.9
- 3M 2020 14.2
5 %
Share of revenue
Real Estate
Following the sustainable renovation of Hamburg’s landmarked Speicherstadt historical warehouse district to create an exemplary redeveloped quarter, HHLA is committed to intelligent site development and preserving the city’s fishing tradition with the Hamburg-Altona fish market.
Revenue in € million
- 3M 2021 9.1
- 3M 2020 10.1
3 %
Share of revenue