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Interim Statement January – March 2026

Balance sheet

Balance sheet

in € thousand

 

31.03.2026
Group

 

31.03.2026
Port Logistics

 

31.03.2026
Real Estate

 

31.03.2026
Consolidation

ASSETS

 

 

 

 

 

 

 

 

Intangible assets

 

240,702

 

240,668

 

34

 

0

Property, plant and equipment

 

2,313,139

 

2,289,357

 

12,954

 

10,828

Investment property

 

274,603

 

6,747

 

287,661

 

- 19,805

Associates accounted for using the equity method

 

22,013

 

22,013

 

0

 

0

Non-current financial assets

 

20,129

 

17,803

 

2,326

 

0

Deferred taxes

 

75,931

 

88,811

 

0

 

- 12,880

Non-current assets

 

2,946,517

 

2,665,399

 

302,975

 

- 21,857

 

 

 

 

 

 

 

 

 

Inventories

 

41,173

 

41,145

 

28

 

0

Trade receivables

 

239,639

 

238,919

 

720

 

0

Receivables from related parties

 

72,304

 

48,303

 

25,612

 

- 1,611

Current financial assets

 

8,350

 

8,150

 

200

 

0

Other non-financial assets

 

78,725

 

77,737

 

989

 

0

Income tax receivables

 

19,097

 

22,979

 

80

 

- 3,962

Cash, cash equivalents and short-term deposits

 

124,738

 

124,260

 

478

 

0

Non-current assets held for sale

 

0

 

0

 

0

 

0

Current assets

 

584,026

 

561,493

 

28,106

 

- 5,573

Balance sheet total

 

3,530,543

 

3,226,891

 

331,082

 

- 27,430

 

 

 

 

 

 

 

 

 

EQUITY AND LIABILITIES

 

 

 

 

 

 

 

 

Subscribed capital

 

75,220

 

72,515

 

2,705

 

0

Capital reserve

 

179,122

 

178,616

 

506

 

0

Retained earnings

 

546,333

 

470,524

 

83,025

 

- 7,216

Other comprehensive income

 

- 15,728

 

- 16,109

 

381

 

0

Non-controlling interests

 

64,322

 

64,322

 

0

 

0

Equity

 

849,269

 

769,868

 

86,617

 

- 7,216

 

 

 

 

 

 

 

 

 

Pension provisions

 

349,103

 

344,921

 

4,182

 

0

Other non-current provisions

 

118,961

 

114,976

 

3,985

 

0

Non-current liabilities to related parties

 

431,943

 

428,162

 

3,780

 

0

Non-current financial liabilities

 

1,175,800

 

1,007,993

 

167,807

 

0

Non-current non-financial liabilities

 

0

 

0

 

0

 

0

Deferred taxes

 

41,941

 

35,619

 

20,964

 

- 14,642

Non-current liabilities

 

2,117,748

 

1,931,671

 

200,718

 

- 14,641

 

 

 

 

 

 

 

 

 

Other current provisions

 

52,346

 

41,310

 

11,036

 

0

Trade liabilities

 

189,315

 

171,008

 

18,306

 

0

Current liabilities to related parties

 

128,333

 

125,157

 

4,785

 

- 1,611

Current financial liabilities

 

82,177

 

78,406

 

3,770

 

0

Current non-financial liabilities

 

99,738

 

97,883

 

1,856

 

0

Income tax liabilities

 

11,618

 

11,587

 

3,993

 

- 3,962

Current liabilities

 

563,526

 

525,352

 

43,747

 

- 5,573

Balance sheet total

 

3,530,543

 

3,226,891

 

331,082

 

- 27,430

Balance sheet

in € thousand

 

31.12.2025
Group

 

31.12.2025 Port Logistics

 

31.12.2025 Real Estate

 

31.12.2025 Consolidation

ASSETS

 

 

 

 

 

 

 

 

Intangible assets

 

238,961

 

238,926

 

35

 

0

Property, plant and equipment

 

2,270,042

 

2,246,141

 

12,968

 

10,933

Investment property

 

267,760

 

7,092

 

280,686

 

- 20,018

Associates accounted for using the equity method

 

20,764

 

20,764

 

0

 

0

Non-current financial assets

 

21,037

 

18,425

 

2,612

 

0

Deferred taxes

 

76,121

 

89,290

 

0

 

- 13,169

Non-current assets

 

2,894,685

 

2,620,637

 

296,301

 

- 22,253

 

 

 

 

 

 

 

 

 

Inventories

 

38,641

 

38,615

 

26

 

0

Trade receivables

 

205,891

 

204,239

 

1,652

 

0

Receivables from related parties

 

67,534

 

41,737

 

29,203

 

- 3,406

Current financial assets

 

6,665

 

6,467

 

198

 

0

Other non-financial assets

 

57,572

 

56,919

 

653

 

0

Income tax receivables

 

22,901

 

26,619

 

80

 

- 3,798

Cash, cash equivalents and short-term deposits

 

180,682

 

180,023

 

659

 

0

Non-current assets held for sale

 

0

 

0

 

0

 

0

Current assets

 

579,887

 

554,620

 

32,471

 

- 7,204

Balance sheet total

 

3,474,572

 

3,175,256

 

328,772

 

- 29,456

 

 

 

 

 

 

 

 

 

EQUITY AND LIABILITIES

 

 

 

 

 

 

 

 

Subscribed capital

 

75,220

 

72,515

 

2,705

 

0

Capital reserve

 

179,122

 

178,616

 

506

 

0

Retained earnings

 

545,973

 

471,835

 

81,438

 

- 7,300

Other comprehensive income

 

- 22,445

 

- 22,756

 

311

 

0

Non-controlling interests

 

59,314

 

59,314

 

0

 

0

Equity

 

837,184

 

759,525

 

84,960

 

- 7,300

 

 

 

 

 

 

 

 

 

Pension provisions

 

350,823

 

346,533

 

4,290

 

0

Other non-current provisions

 

118,170

 

114,226

 

3,944

 

0

Non-current liabilities to related parties

 

439,132

 

435,620

 

3,512

 

0

Non-current financial liabilities

 

1,168,588

 

1,000,656

 

167,932

 

0

Non-current non-financial liabilities

 

0

 

0

 

0

 

0

Deferred taxes

 

44,580

 

38,460

 

21,073

 

- 14,953

Non-current liabilities

 

2,121,293

 

1,935,495

 

200,750

 

- 14,952

 

 

 

 

 

 

 

 

 

Other current provisions

 

49,543

 

38,507

 

11,036

 

0

Trade liabilities

 

168,179

 

149,273

 

18,906

 

0

Current liabilities to related parties

 

128,725

 

127,728

 

4,403

 

- 3,406

Current financial liabilities

 

80,815

 

77,183

 

3,631

 

0

Current non-financial liabilities

 

76,295

 

75,103

 

1,192

 

0

Income tax liabilities

 

12,538

 

12,442

 

3,894

 

- 3,798

Current liabilities

 

516,095

 

480,237

 

43,062

 

- 7,204

Balance sheet total

 

3,474,572

 

3,175,256

 

328,772

 

- 29,456