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Interim Statement January – March 2026

Bird's eye view of a port in winter (Photo)

Interim Statement January – March 2026

Discover the report
Market environment
Major achievements
Financial performance
  • Geopolitical tensions, particularly due to the escalation in the Middle East, weighed on global supply chains and increased uncertainty in the global economic environment
  • Exceptionally severe winter weather at the beginning of the year led, especially in Hamburg, to operational constraints at container terminals as well as disruptions in rail traffic
  • Commissioning of three new remote-operated container gantry cranes at CTA; additional cranes planned for implementation
  • Progress at CTB: automated handling with AGVs at the first large‑vessel berth in 24/7 operation
  • METRANS: network expansion through acquisition of a 50% stake in an intermodal terminal in Romania
  • Sustainability: order of the first battery‑electric gantry cranes at the terminal in Tallinn
  • Container throughput down by 5.3 %; container transport volumes down by 1.5 %
  • Revenue in the Port Logistics subgroup increased by 3.6 % to € 441.8 million despite lower volumes, driven particularly by additional storage fees and favourable effects in the modal mix
  • EBIT amounted to € 27.2 million, down 5.5 % year on year, mainly due to weather‑related lower productivity and higher expenses

Foreword

Jeroen Eijsink – CEO (Photo)

Jeroen Eijsink

Chief Executive Officer

We are committed to reliability, efficiency and sustainability so we can deliver the best possible service to our customers.
Foreword

Key figures January – March 2026

Group
Port Logistics
Real Estate

1,462

- 5.3 %

Container throughput
in TEU thousand

489

- 1.5 %

Container transport
in TEU thousand

450.9

3.5 %

Revenue
in € million

30.5

- 6.3 %

EBIT
in € million

6.8

- 0.7 pp

EBIT margin
in %

0.9

- 89.1 %

Profit after tax and
minority interests
in € million

To the Income statement

441.8

3.6 %

Revenue
in € million

27.2

- 5.5 %

EBIT
in € million

6.1

- 0.6 pp

EBIT margin
in %

-0.01

neg.

Earnings per share
in €

To the Income statement

11.6

- 0.4 %

Revenue
in € million

3.2

- 12.3 %

EBIT
in € million

27.9

- 3.8 pp

EBIT margin
in %

0.62

- 19.3 %

Earnings per share
in €

To the Income statement

HHLA segments

215.9

Revenue
in € million

47 %

Share of revenue

215.9

Revenue
in € million

47 %

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

205.6

Revenue
in € million

45 %

Share of revenue

205.6

Revenue
in € million

45 %

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

24.4

Revenue
in € million

5 %

Share of revenue

24.4

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

11.6

Revenue
in € million

3 %

Share of revenue

11.6

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