Hamburger Hafen und Logistik AG

Earnings Release • Feb 3, 2011

News Details

Corporate | 3 February 2011 08:00

Hamburger Hafen und Logistik AG: HHLA GAINS MARKET SHARE

Hamburger Hafen und Logistik AG / Key word(s): Preliminary Results

03.02.2011 / 08:00

In the 2010 financial year, Hamburger Hafen und Logistik AG (HHLA)
benefited from the global economic recovery and increased its container
throughput by 19 percent. Its transport volume in hinterland traffic rose
by 13 percent.

(Hamburg, 3rd February 2011) According to preliminary unaudited figures, in
the 2010 financial year HHLA achieved Group revenue of approx. EUR 1,073
million (previous year: EUR 991 million) and an operating result (EBIT) of
around EUR 192 million (previous year: EUR 160 million). HHLA's
stock-exchange listed core business, the subgroup Port Logistics, generated
revenue of approx. EUR 1,044 million (previous year: EUR 963 million) and
an operating result (EBIT) of around EUR 179 million (previous year: EUR
148 million). HHLA's performance matched the forecast it had increased in
autumn 2010, and even surpassed its EBIT projection. HHLA will publish its
final figures on 31 March 2011.

Throughput in the Container segment rose by 19.0 percent to 5.8 million
standard containers (TEU) in the 2010 financial year. HHLA thereby achieved
the strongest growth in comparison to its major North Range competitor
ports (Antwerp, Rotterdam and Bremerhaven) and was able to increase its
market share again. The significant recovery in traffic volumes since March
2010 was first and foremost driven by strong growth in the shipping regions
Eastern Europe and Asia, which are particularly important for HHLA's
container handling activities. HHLA also benefited from the strong momentum
of the German export business and from improved handling services for
mega-carriers and feeder connections with the Baltic region. Hinterland
traffic in the Intermodal segment increased by 13.1 percent to 1.7 million
TEU. In railbound transport volumes, the record figures of 2008 were either
matched or even surpassed on many routes.

'The last financial year was very satisfactory for HHLA. Our company not
only took advantage of the global economic recovery, but also managed to
increase its market share. In 2010, HHLA was also successful in laying the
foundations for further growth,' said HHLA's Chairman of the Executive
Board, upon presenting the preliminary figures.

About HHLA
Hamburger Hafen und Logistik AG (HHLA) is a leading port logistics group in
Europe. 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: +49-40-3088-553397
E-mail: investor-relations@hhla.de

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Language: English
Company: 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, Düsseldorf, Hannover, München, Stuttgart

End of News DGAP News-Service

110977 03.02.2011