Pleasant business year 2010 for HHLA group
Hamburger Hafen und Logstik AG (HHLA) profited from the economic recovery in the 2010 fiscal year
According to a first brief report on business development in 2010 Hamburger Hafen und Logistik AG (HHLA) has gained market shares. The port logistics company posted a 19 per cent-increase in container throughput to 5.8 million TEU. The group thereby achieved the strongest growth in comparison to its major North Range competitor ports (Antwerp, Rotterdam and Bremerhaven) as reads the report. 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 per cent to 1.7 million TEU. In railbound transport volumes, the record figures of 2008 were either matched or even surpassed on many routes. According to preliminary unaudited figures, in the 2010 financial year HHLA achieved a group revenue of approximately EUR 1,073 billion and an operating result (EBIT) of around EUR 192 million. HHLA’s stock-exchange listed core business, the subgroup Port Logistics, generated revenue of about EUR 1,04 million (previous year: EUR 963 million) and an operating result (EBIT) of around EUR 179 million (previous year: EUR 148 million). Quelle: LogEastics |