Interim Statement January – March 2024
Discover the report- Continuing war in Ukraine, escalating violence in the Middle East and geopolitical tensions, coupled with comparatively high inflation and interest rates, continued to dampen economic recovery
- Military conflict in the Red Sea led to significant ship delays and cancellations in European ports which also affected hinterland transportation
- Hamburg terminals: AGV testing area implemented at CTB
- Metrans acquires remaining 49 % of shares of Adria Rail
- HHLA strengthens its intermodal activities by acquiring 51 % of Austrian intermodal service provider Roland Spedition GmbH
- First fully automated drone delivery service in Germany launched by HHLA Sky
- Container throughput up by 3.3 %; container transport down by 5.5 %
- Revenue almost flat; aided by increased throughput volumes and temporary higher storage fees
- EBIT decreased strongly; previous year impacted by positive one-off effect
Foreword
Key figures January – March 2024
HHLA segments
Container
185.3
Revenue
in € million
50 %
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
151.8
Revenue
in € million
41 %
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
19.2
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
11.4
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