Intermodal segment
in € million |
|
|
|
Change |
||
|---|---|---|---|---|---|---|
Revenue |
|
465.8 |
|
431.4 |
|
8.0 % |
EBITDA |
|
100.0 |
|
100.2 |
|
- 0.2 % |
EBITDA margin in % |
|
21.5 |
|
23.2 |
|
- 1.7 pp |
EBIT |
|
61.4 |
|
64.0 |
|
- 4.1 % |
EBIT margin in % |
|
13.2 |
|
14.8 |
|
- 1.6 pp |
Container transport |
|
1,222 |
|
1,266 |
|
- 3.4 % |
In the highly competitive market for container traffic in the hinterland of major seaports, HHLA’s transport companies recorded a moderate decrease in volumes during the first nine months of 2023. Container transport decreased in total by 3.4 % to 1,222 thousand standard containers (TEU) (previous year: 1,266 thousand TEU).
Rail transport fell year-on-year by 1.6 % to 1,037 thousand TEU (previous year: 1,054 thousand TEU). All the main routes were affected by the decrease, in particular Polish traffic. There was a decrease in road transport of 12.4 % to 185 thousand TEU (previous year: 211 thousand TEU).
With a year-on-year increase of 8.0 % to € 465.8 million (previous year: € 431.4 million), the development of revenue contrasted sharply with that of transport volumes. This was due to the rise in transport revenue in the previous year, which was adjusted to the increased costs for the purchase of services, in particular energy.
The operating result (EBIT) amounted to € 61.4 million in the reporting period (previous year: € 64.0 million), a decrease of 4.1 %. The EBIT margin fell by 1.6 percentage points to 13.2 % (previous year: 14.8 %). The main reason for the downward EBIT trend was the decrease in transport volumes. The previous year’s result had been adversely affected by disruptions to international supply chains.