Hamburg Süd Group’s result marginally in excess of plan in 2012

Container transport grew by 4 per cent; Hamburg Süd Group management still not satisfied
 
The 2012 financial year was characterised by a slower pace of global growth also for the Hamburg Süd Group. On the back of constant freight rates and continuing cost pressure in the operational area in the last financial year, the group’s result was marginally in excess of plan. An improvement on the previous year was achieved. However, it is as yet not possible to speak of a satisfactory earnings level, the management explains.
 
Only isolated positive signals can be discerned in the current financial year. A fundamental change in the shipping industry’s poor earnings situation is not to be expected in 2013 from today’s perspective, the company announces in a press release.
 
At some 3.3 million TEU, the Hamburg Süd Group transported around 4 per cent more containers than in the previous year. The sales revenue from Hamburg Süd’s liner operations grew by roughly 16 per cent, to approximately EUR 4.8 billion. The Shipping Division’s sales total rose by about 15 per cent to approximately EUR 5.5 billion.
 
The fleet operated by Hamburg Süd as at 31 December 2012 totalled 153 vessels, 42 of them group-owned. While the number of container ships declined by three units compared with the previous year, the slot capacity deployed in the liner services increased by some 9% to around 430,000 TEU. In 2012 the Hamburg Süd Group directly employed 4,512 staff. Including crew under third-party hire, the number of employees deployed at Hamburg Süd came to 5,134.

Quelle: LogEastics

Portal: www.logistik-express.com