Hamburger Hafen und Logistik AG

HHFA

Equity

ISIN DE000A0S8488 / Valor 3513030

Xetra (2025-11-18)

EUR 21.15+0.47%

Hamburger Hafen und Logistik AG
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About company

Hamburger Hafen und Logistik AG (HHLA) is a major logistics and transportation company based in Germany, primarily focused on port logistics, operating in various segments of the logistics chain. The company is known for its innovative approach to logistics, incorporating advanced technologies such as 3D printing and drones to enhance the efficiency and sustainability of its operations. Through its innovation unit, HHLA Next, the company explores and implements cutting-edge solutions for the transportation of products and goods on a global scale, aiming for safe and climate-neutral logistics processes. Additionally, HHLA Sky contributes to the company's innovative edge by automating drone operations through an integrated control center, facilitating industrial-scale drone usage. This focus on technology and innovation underlines HHLA's commitment to modernizing logistics and supply chain management, positioning the company as a leader in the development of future-oriented logistics solutions.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue and Profit Growth

HHLA's group revenue surged by 8.5% to €1,182.9 million, while the operating result (EBIT) climbed by 23.2% to €93.2 million, enhancing the EBIT margin to 7.9%. Consolidated profit after minority interests rose significantly to €23.1 million, up from €11.9 million the previous year.

Container Segment Performance

The Container segment handled 4,496 thousand TEU, marking a 0.9% increase year-on-year. Container throughput at Hamburg terminals slightly grew by 0.2% to 4,292 thousand TEU. Despite a decrease in volumes for the Far and Middle East regions, there was strong growth in North and South America, particularly the United States.

Intermodal Segment Growth

Volumes in the Intermodal segment increased by 8.1% to 1,321 thousand TEU. Rail traffic saw a 10.2% rise, reaching 1,144 thousand TEU, driven by growth in German-speaking regions. Revenue in this segment grew by 12.0% to €521.9 million, with EBIT increasing by 2.2% to €62.7 million.

Real Estate Performance

The Real Estate subgroup maintained high occupancy rates in Hamburg's Speicherstadt and fish market areas. However, revenue slightly declined by 1.9% to €34.3 million, and EBIT decreased by 15.4% to €11.4 million due to project-related costs and the demolition of facilities in the fish market area.

Financial Year Outlook

HHLA has raised its financial year 2024 expectations, anticipating a significant increase in group revenue and operating result (EBIT) now projected between €125 million and €145 million. Capital expenditure is expected to be at the lower end of €325 million to €375 million, primarily driven by the Port Logistics subgroup.

Summarized from source with an LLMView Source

Key figures

24.6%1Y

77.0%3Y

18.7%5Y

Performance

20.9%1Y

29.5%3Y

31.2%5Y

Volatility