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Hamburger Hafen und Logistik AG
Earnings Release • Feb 13, 2017
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Earnings Release
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News Details
Corporate | 13 February 2017 07:30
Hamburger Hafen und Logistik AG: HHLA Slightly Exceeds Forecast Operating Result (EBIT)
DGAP-News: Hamburger Hafen und Logistik AG / Key word(s): Preliminary Results
13.02.2017 / 07:30
The issuer is solely responsible for the content of this announcement.
Preliminary Figures 2016
HHLA Slightly Exceeds Forecast Operating Result (EBIT)
Hamburger Hafen und Logistik AG (HHLA) has slightly exceeded the forecast operating result (EBIT) for the 2016 financial year. Compared to the same period in the previous year, the company reported strong volume growth in the Container segment in the second half of the year. This could compensate for the modest business performance during the first six months of 2016.
According to preliminary unaudited figures, HHLA recorded Group revenue of approximately EUR 1.2 billion (previous year: EUR 1.1 billion) and a Group operating result (EBIT) of approximately EUR 163 million (previous year: EUR 157 million). While revenue rose slightly year-on-year by approximately 3 percent, EBIT saw moderate growth of approximately 5 percent.
The Port Logistics subgroup, the company’s listed core business, generated revenue of approximately EUR 1.1 billion (previous year: EUR 1.1 billion) and an operating result (EBIT) of approximately EUR 147 million (previous year: EUR 141 million).
Container throughput grew slightly year-on-year by 1.5 percent to 6.7 million standard containers (TEU). While the Hamburg container terminals recorded a 1.1 percent rise in container throughput of 6.4 million TEU due to increases in volume in the second half of the year, container throughput at Container Terminal Odessa grew significantly by 10.6 percent to 0.3 million TEU.
The container transport activities of HHLA’s Intermodal companies continued to develop very
successfully. With 1.4 million TEU, the previous year’s volume was exceeded by 6.8 percent. Compared to the previous year, HHLA’s rail companies in particular were able to increase their transport volume by 8.0 percent to 1.1 million TEU. Road transport also recorded a slight increase of 2.9 percent on the previous year.
The HHLA Executive Board will present the final results for the 2016 financial year during the
press conference and analyst conference on 30 March, and will also be providing a guidance for the 2017 financial year.
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]
13.02.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| 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 News | DGAP News Service |