Interim Statement January – September 2026

Logistics segment

Key figures

in € million

 

1–9 | 2026

 

1–9 | 2025

 

Change

Revenue

 

72.8

 

67.6

 

7.7 %

EBITDA

 

17.7

 

14.7

 

21.1 %

EBITDA margin in %

 

24.4

 

21.7

 

2.7 pp

EBIT

 

- 16.5

 

4.8

 

neg.

EBIT margin in %

 

- 22.6

 

7.1

 

neg.

At-equity earnings

 

2.5

 

3.2

 

- 20.3 %

Revenue of the consolidated companies rose by 7.7 % to € 72.8 million in the first nine months (previous year: € 67.6 million). Whilst trends at the individual companies were partly mixed, the leasing company for intermodal traffic recorded strong revenue growth.

The operating result (EBIT) amounted to € - 16.5 million in the reporting period (previous year: € 4.8 million). In addition to an impairment charge of € 9.4 million recognised on non-current intangible assets of omoqo GmbH in the second quarter, a further impairment charge of € 12.0 million was recognised for HHLA Sky GmbH as of 30 September 2026. Earnings from vehicle logistics were also well below the prior-year figure, which had benefited from other operating income. By contrast, earnings from the leasing company rose strongly as business continued to ramp up.

At-equity earnings for the segment of € 2.5 million were 20.3 % down on the prior-year figure (previous year: € 3.2 million).