Luka Koper

Earnings Release • Jan 12, 2021

Maritime throughput and revenues in the period January – December 2020

In compliance with the provisions of the Ljubljana Stock Exchange Rules and the applicable legislation, the company Luka Koper, d.d. hereby announces the net sales revenue of the parent company and the maritime throughput registered in the period January through December 2020.

Luka Koper, d.d has, according to preliminary and non-audited data, generated in 2020 206 million EUR of net sales revenues, an 8 percent decrease compared to 2019. The decrease in maritime throughput was 14 percent and amounted 19,5 million tons handled. The reason that revenues decreased less than throughput is in better operations in the field of additional services, stuffing and unstuffing of containers and in higher revenues from warehousing in certain segments.

The pandemic of the coronavirus had a substantial impact on global cargo flows and affected also the performance of Luka Koper. Despite this, the strategic container segment remained stable in 2020. The pandemic affected directly the liquid cargo, mostly because of reduced consumption of fuels, especially in airline industry. The lower car production output hit the entire supply chain, resulting in lower volumes of general cargo, mostly steel products, and the segment of the dry bulk terminal which is dedicated to raw materials for the steel industry. Part of the reduction of volumes can be attributed also to the declining trend of thermal coal consumption, resulting from ever-increasing gas emissions taxes. As regards the car segment, the second half of 2020 was more encouraging, with more export volumes handled for the Far East – as a result, the decrease of cars throughput was much smaller than in other comparable European ports.

Total net sales revenues of	Jan – Dec 2020	Jan – Dec 2019	Index 20/19
Luka Koper, d.d. (in 000 EUR)	206.042*	224.716	92
* unaudited and incomplete data
Maritime throughput (in tons)	Jan – Dec 2020	Jan – Dec 2019	Index 20/19
General cargo	945.807	1.280.194	74
Containers	9.268.843	9.475.020	98
Cars	998.201	1.111.433	90
Liquid cargo	3.323.068	4.307.388	77
Dry bulk cargo	4.987.215	6.618.616	75
Total	19.523.133	22.792.650	86
Maritime throughput (in units)	Jan – Dec 2020	Jan – Dec 2019	Index 20/19
Containers (TEU)	945.007	959.356	99
Cars (units)	617.157	705.993	87