Changes in business forecast

As a result of the Group’s performance in the first nine months of 2019, the HHLA Executive Board is updating its assessment of expected earnings for the Group in 2019.

In terms of volume, HHLA now expects a moderate increase in container throughput (previously: slight increase) and a significant increase (previously: slight increase) in container transport. In light of these figures, a significant increase (previously: slight increase) in Group revenue is now expected for 2019.

Whereas HHLA continues to expect a significant increase in operating result (EBIT) at Group level, a moderate increase is now expected for the Container segment (previously: at prior-year level) and a strong increase for the Intermodal segment (previously: significant increase).

All other disclosures made in the 2018 Annual Report regarding the expected course of business in 2019 continue to apply.

Hamburg, 4 November 2019

Hamburger Hafen und Logistik Aktiengesellschaft
The Executive Board

Angela Titzrath – Chairwoman of the Executive Board (signature)

Angela Titzrath

Jens Hansen (signature)

Jens Hansen

Dr. Roland Lappin (signature)

Dr. Roland Lappin

Torben Seebold (signature)

Torben Seebold