04.02.2016
Hamburger Hafen und Logistik AG DE000A0S8488
DGAP-News: Hamburger Hafen und Logistik AG: HHLA Achieves Operating Result (EBIT) of EUR 157 Million
DGAP-News: Hamburger Hafen und Logistik AG / Key word(s): Preliminary
Results
Hamburger Hafen und Logistik AG: HHLA Achieves Operating Result (EBIT) of
EUR 157 Million
04.02.2016 / 07:30
The issuer is solely responsible for the content of this announcement.
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Preliminary Figures 2015
HHLA Achieves Operating Result (EBIT) of EUR 157 Million
According to preliminary figures, Hamburger Hafen und Logistik AG (HHLA)
generated revenue of over EUR 1.1 billion and an operating result (EBIT) of
approximately EUR 157 million in the 2015 financial year. This means that
revenue went down approximately 5 percent on the previous year, while the
operating result was approximately 7 percent lower than the previous year's
figure. The main reasons for these decreases were the economic crises in
Russia and Ukraine, the considerable slowdown in economic growth in China
and ongoing restrictions in the area of infrastructure, in particular due
to the further delay in the dredging of the river Elbe.
According to preliminary unaudited figures, HHLA recorded Group revenue of
EUR 1.14 billion (previous year: EUR 1.20 billion) and an operating result
(EBIT) of approximately EUR 157 million (previous year: EUR 169 million).
The Port Logistics subgroup, the company's listed core business, generated
revenue of approximately EUR 1.11 billion (previous year: EUR 1.12 billion)
and reported an operating result (EBIT) of approximately EUR 141 million
(previous year: EUR 156 million). HHLA will publish its final results for
the 2015 financial year along with a guidance for 2016 on 30 March 2016.
"We recorded solid revenue and a respectable operating result in the 2015
financial year, despite an extremely difficult operating environment.
However, the development of our revenue and earnings also shows that we
cannot remain unaffected by global economic and geopolitical conditions. As
well as the considerable slowdown in economic growth in China, we are
continuing to feel the effects of the crises in Russia and in Ukraine,
where we operate our Container Terminal Odessa. The resulting decrease in
container throughput contrasts with an encouraging rise in our rail
companies' container transport. Even though the growth in transported
volumes was unable to fully compensate for the drop in container
throughput, it becomes clear once again that the strategic expansion of our
rail activities was right and is by now making a significant contribution
to the economic stability of our company," says the Chairman of HHLA's
Executive Board, Klaus-Dieter Peters.
Container throughput at the three container terminals in Hamburg fell by
12.6 percent on the previous year to 6.3 million standard containers (TEU).
By contrast, container throughout at the Container Terminal Odessa in
Ukraine was only slightly lower than the previous year's figure, coming in
at 0.3 million TEU. Overall, container throughput decreased by 12.3 percent
to approximately 6.6 million TEU (previous year: 7.5 million TEU). The
performance of HHLA's rail companies was much more encouraging. Their
transport volume in European seaport-hinterland traffic rose again by more
than 5 percent on the previous year's strong figure and totalled 1.0
million TEU. Road transport, however, fell by just under 5 percent
partially due to the challenging traffic conditions in the greater Hamburg
area. In total, container transport by the HHLA Intermodal companies rose
by 2.7 percent to 1.3 million TEU.
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]
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04.02.2016 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.
The DGAP Distribution Services include Regulatory Announcements,
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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
End of News DGAP News Service
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