HHLA Increases Market Shares and Fulfils Forecast

According to preliminary unaudited figures, HHLA increased its Group revenue to approx. € 1,155 million in the 2013 financial year (previous year: € 1,128.5 million), and achieved an operating result (EBIT) in the region of € 158 million (previous year: € 186.3 million). The Port Logistics subgroup – HHLA’s listed core business – generated revenue of approx. € 1,127 million (previous year: € 1,101.2 million) and an operating result (EBIT) of around € 144 million (previous year: € 173.1 million). (1)
This means that HHLA has fulfilled its earnings forecast specified in the course of 2013. According to this, Group revenue was expected to come in a range between € 1.1 billion and € 1.2 billion, and EBIT to be at the lower end of the range of € 155 million to € 175 million. For the Port Logistics subgroup EBIT was forecast to be at the lower end of the range of € 142 million to € 162 million. HHLA will publish its complete set of 2013 financial results as well as a guidance for 2014 on 27 March 2014.
With an increase of 4.4 % to 7.5 million standard containers (TEU) (previous year: 7.2 million TEU), container throughput at the HHLA terminals grew considerably, despite the general market trend, in a slightly declining competitive environment. The remaining HHLA companies in the realigned Intermodal segment even saw an 18.0 % rise in hinterland transport volume by rail and road to 1.2 million TEU, thereby significantly increasing their market share in a stagnating environment. HHLA was able to strengthen and extend its competitive position in 2013 despite a challenging macroeconomic environment, said HHLA’s Chairman of the Executive Board, Klaus-Dieter Peters.
HHLA, February 6, 2014