Hamburger Hafen und Logistik AG

Earnings Release • May 15, 2008

News Details

Corporate | 15 May 2008 08:00

Hamburger Hafen und Logistik AG: SUCCESSFUL START TO FINANCIAL YEAR 2008

Hamburger Hafen und Logistik AG / Quarter Results

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Hamburg, 15 May 2008

Hamburger Hafen und Logistik AG (HHLA) again maintained its profitable
growth course in the first quarter of 2008: Revenues at 320.8 million euros
were up by 15.5 percent. Advancing by 29.8 percent to 92.6 million euros,
earnings before interest and tax (EBIT) again rose disproportionately.
Double-digit growth in revenues is also still expected for the year 2008 as
a whole.

'Hamburger Hafen und Logistik AG has made a successful start to the year
2008. With heavy utilization of our facilities and transport systems, steep
increases in volumes, and growth rates in revenues and result outpacing
these, in the first quarter we continued our profitable growth course,'
stated Klaus-Dieter Peters, CEO of HHLA at the publication of HHLA’s
interim report on 15 May covering the period January to March 2008. 'We are
adhering to our forecast for the year as a whole. On the basis of the trend
so far, for 2008 we anticipate total revenues of around 1.3 billion euros.
At Group level, earnings before interest and taxes (EBIT) should for the
first time exceed the 300-million-euro threshold.'

SUMMARY OF THE MAIN INDICATORS (JANUARY TO MARCH 2008)
- Revenues up by 15.5 percent at 320.8 million euros.
- Earnings before interest, taxes, depreciation and amortization (EBITDA)
improved by 26.1 percent to 115. 5 million euros.
- Earnings before interest and taxes (EBIT) rose by a disproportionate 29.8
percent to 92.6 million euros.
- Profit after tax leapt by 44.5 percent to 59.6 million euros.

In an environment of sustained growth for global transport and logistics
chains, during the first three months of 2008 HHLA Group again expanded its
operations along the logistics chains between the overseas port and its
hinterland in Europe. The main factors powering growth were the container
trades with Asia, the Baltic region and the hinterland in Central and
Eastern Europe. On a year-on-year comparison, we again managed to boost all
the main financial indicators.

HHLA is countering sustained growth in container handling and container
transport by systematically implementing its capacity expansion programme.
During the period between 2008 and 2012, HHLA will be investing altogether
1.5 billion euros in expanding its handling capacities, its hinterland
network and its logistics activities.

ABOUT HHLA
Hamburger Hafen und Logistik AG is one of the leading port logistics
companies in the European North Range. With its Container, Intermodal and
Logistics segments, HHLA is positioned vertically along the transport
chain. Efficient container terminals, high-performance transport systems
and a full range of logistics services form a complete network between the
overseas port and its European hinterland.

Contact:
Matthias Funk
Investor Relations

HAMBURGER HAFEN UND LOGISTIK AG
Bei St. Annen 1, D-20457 Hamburg, www.hhla.de

Tel: +49-40-3088-3397
Fax: +49-40-3088-3339
E-mail: investor-relations@hhla.de

15.05.2008 Financial News transmitted by DGAP

Language: English
Issuer: Hamburger Hafen und Logistik AG
Bei St. Annen 1
20457 Hamburg
Deutschland
Phone: +49 (0)40-3088-1
Fax: +49 (0)40-3088-3355
E-mail: info@hhla.de
Internet: www.hhla.de
ISIN: DE000A0S8488
WKN: A0S848
Indices: MDAX
Listed: Regulierter Markt in Frankfurt, Hamburg; Freiverkehr in
Berlin, Hannover, Stuttgart, München, Düsseldorf

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