HHLA intends to grow in its Intermodal segment

HHLA group increased its market share in the North Range in 2012 and stable volume in the Intermodal segment
 
Hamburger Hafen und Logistik AG (HHLA) expanded its position in a difficult market environment during the 2012 financial year and increased its market share in the North Range to 19.6 per cent. Following the realignment of the Intermodal segment and a change in the accounting of fruit logistics, group revenue declined by 7.3 per cent to EUR 1,128 million. The operating result was burdened among others by the delay in dredging the river Elbe and decreased by 10 per cent to EUR 186.3 million (adjusted for a one-off gain of EUR 17.6 million to EUR 168.7 million).
 
HHLA’s Intermodal companies (Polzug and Metrans) were able to maintain transport volumes by increasing their services in declining markets (Germany: – 2.7 per cent; Czech Republic: – 6.7 per cent). Their transport volume reached 993,000 TEU (previous year: 992,000 TEU). These pro forma figures apply the new ownership structure in place in the Intermodal segment since the second quarter of 2012 to the entire 2012 financial year and to the previous year.
 
In the 2012 financial year, 7.183 million TEU were handled at the HHLA container terminals in Hamburg and Odessa, which corresponds to an increase of 1.4 per cent. In Hamburg, 6.854 million TEU were handled (previous year: 6.769 million TEU) and in Odessa 329,000 TEU were handled (previous year: 318,000 TEU). There was a shift in volumes between shipping regions during the 2012 financial year. As a result of the economic slowdown, Far East traffic dropped by 8.3 per cent to 2.967 million TEU, which corresponds to a 43.3 per cent share of HHLA’s throughput in Hamburg (previous year: 47.8 per cent). In contrast, throughput to and from North America increased by 19.4 per cent to 535,000 TEU. This corresponds to 7.8 per cent of containers handled by HHLA in Hamburg. Feeder traffic via the Baltic Sea also went up significantly. Its volume rose 15.7 per cent to 1.054 million TEU, accounting for 13.5 per cent of throughput handled by HHLA in Hamburg (previous year: 11.8 per cent).
 
With considerable investments to improve the performance of its container terminals and the realignment of the transport companies in the Intermodal segment, the company took major steps to prepare for its future development. For the 2013 financial year, HHLA expects group revenue to reach between EUR 1.1 billion and EUR 1.2 billion, and an operating result in the range of EUR 155 million to EUR 175 million. The management board expects container throughput to remain at the level seen in 2012, and container transport by rail to increase significantly.

Quelle: LogEastics

Portal: www.logistik-express.com