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Hamburger Hafen und Logistik AG
Earnings Release • May 5, 2017
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Earnings Release
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News Details
Ad-hoc | 5 May 2017 17:26
Hamburger Hafen und Logistik AG: HHLA Updates Forecast for Container Segment
Hamburger Hafen und Logistik AG / Key word(s): Change in Forecast
05-May-2017 / 17:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
HHLA Updates Forecast for Container Segment
The Executive Board of Hamburger Hafen und Logistik AG (HHLA) considered the current throughput and earnings developments in the Container segment in a meeting held on 5 May 2017. After evaluating the final figures for the first quarter of 2017, a significant increase in container handling is expected this year (previously: in the range of the previous year). In light of these developments, the Executive Board is updating the forecast for 2017. A Container segment result (EBIT) is now expected in the upper half of a range between EUR 75 million and EUR 105 million (previously: EUR 65 million to EUR 95 million) before possible one-off expenses of up to EUR 15 million.
There are no changes to the other segments.
In light of this development, the Executive Board expects an operating result (EBIT) in the upper half of a range between EUR 140 million and EUR 170 million for the Group (previously: EUR 130 million to EUR 160 million) and in the upper half of a range between EUR 125 million and EUR 155 million for the Port Logistics subgroup (previously: EUR 115 million to EUR 145 million), both excluding possible one-off expenses of up to EUR 15 million.
Further details will be outlined in the interim financial statement for the first quarter of 2017 on
12 May 2017.
Contact:
Heiko Hoffmann
Investor Relations
HAMBURGER HAFEN UND LOGISTIK AG
Bei St. Annen 1, D-20457 Hamburg, www.hhla.de
Tel: +49-40-3088-3397
Fax: +49-40-3088-55-3397
E-mail: [email protected]
05-May-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Hamburger Hafen und Logistik AG |
| Bei St. Annen 1 | |
| 20457 Hamburg | |
| Germany | |
| Phone: | +49 (0)40-3088-0 |
| Fax: | +49 (0)40-3088-3355 |
| E-mail: | [email protected] |
| Internet: | www.hhla.de |
| ISIN: | DE000A0S8488 |
| WKN: | A0S848 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |