Hamburger Hafen und Logistik AG

Earnings Release • Mar 3, 2008

News Details

Corporate | 3 March 2008 08:01

Hamburger Hafen und Logistik AG: Revenues and Result set new records

Hamburger Hafen und Logistik AG / Preliminary Results

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Hamburger Hafen und Logistik AG (HHLA) maintained its profitable growth
course in the 2007 financial year, setting new records with revenues at
1.18 billion euros as well as an operating result of around 285 million
euros.

In 2007 HHLA Group substantially boosted volume, revenues and result. With
growth of 16 percent, revenues reached 1.18 billion euros (previous year:
1.02 billion euros). Operating result (EBIT) once again rose
disproportionately by over 30 percent to around 285 million euros (previous
year: 218 million euros). Vested in the Port Logistics subgroup, HHLA’s
publicly listed core business achieved revenues of 1.15 billion euros and
EBIT of around 275 million euros. All figures are preliminary and not yet
audited.

The basis for the renewed improvement in key indicators was the successful
business trend in Port Logistics. All three segments of this subgroup
reported fresh volume records in 2007:

• HHLA terminals in the Container segment increased throughput by 11.7
  percent to 7.2 million standard containers (TEU), of which 6.7 million TEU
  were handled in Hamburg and 0.5 million TEU in Odessa.
• HHLA companies in the Intermodal segment boosted volumes transported in
  container hinterland traffic by 8.3 percent to 1.7 million standard
  containers; the scheduled Central and Eastern European services run by the
  Metrans and Polzug rail companies managed to boost volumes by an
  above-average rate, in each case by around 20 percent.
• In the Logistics segment, fruit handling at 1.03 million tons (+ 4.7
  percent) for the first time topped the one-million mark, while vehicle
  handling grew by 9.5 percent to 142,000 units, and bulk cargo (ore and
  coal) reached a new peak at 15 million tons (+ 8 percent).

'The 2007 trend is impressive proof for the course we have adopted of going
for growth based on profitability. This puts us in a position to finance
our ambitious expansion programme on a solid basis, and to maintain the
success story of our last few years on into the future,' emphasized
Klaus-Dieter Peters, chairman of the HHLA executive board, on publication
of preliminary business figures for 2007.

In 2008 HHLA will continue to invest in expanding its handling capacities,
hinterland network and logistics activities, as well as in its real estate.
During the current year, the capacity of HHLA Container Terminals will rise
to over 8 million standard containers, 7.5 million of these in the Port of
Hamburg. Seen overall, for the current business year HHLA reckons with a
further positive trend in revenues and result.

HHLA will be publishing detailed information and audited annual financial
statements for 2007 on 31 March 2008.

About HHLA
Hamburger Hafen und Logistik AG (HHLA) is one of the leading port logistics
groups in the European North Range. With its Container, Intermodal and
Logistics segments, HHLA is positioned vertically along the transport
chain. Efficient container terminals, high-capacity 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: funk@hhla.de

03.03.2008 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
Listed: Regulierter Markt in Frankfurt, Hamburg; Freiverkehr in
Berlin, Hannover, Stuttgart, München, Düsseldorf

End of News DGAP News-Service

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