HLA: Up 1.4 per cent in container handling in 2012

Port logistics company HHLA (Hamburg) fulfils forecast of revenue and EBIT key figures in the 2012 financial year
 
The Hamburg-based port logistics company HHLA has fought valiantly in the 2012 financial year. Container throughput increased by 1.4 per cent to 7.2 million TEU compared to 7.1 million TEU in 2011. With this development, it slightly exceeded the expectations from autumn 2012, when throughput was forecast to remain at the same level of the previous year. The hinterland transport volume developed in the anticipated range: the HHLA companies transported 1.2 million TEU on the road and rail networks. As guided, the companies remaining in the HHLA group transported the majority of this volume with around 1 million TEU.  “HHLA held its ground well in a difficult market environment in 2012. It earned a premium on its capital costs and was therefore able to increase the company’s value once again,” said Klaus-Dieter Peters, HHLA’s Chairman of the Executive Board.
 
According to preliminary unaudited figures, HHLA achieved group revenue of approximately EUR 1.125 billion (previous year: EUR 1.217 billion) and an operating result (EBIT) of around EUR 185 million (previous year: EUR 207 million) in the 2012 financial year. The related business conditions were characterised by both a weaker economic environment and the consequences of further delayed infrastructure measures. The Port Logistics subgroup – HHLA’s listed core business operations – generated revenue of about EUR 1.1 billion (previous year: EUR 1.191 billion) and an operating result (EBIT) of around EUR 173 million (previous year: EUR 195 million).