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Hamburg’s HHLA increases revenue by 3%

Hamburg - German logistic and transportation company Hamburger Hafen und Logistik AG has increased its Group revenue by 3 percent to € 1.29 billion in the 2018 financial year

Hamburg - German logistic and transportation company Hamburger Hafen und Logistik AG has increased its Group revenue by 3 percent to € 1.29 billion in the 2018 financial year. According to preliminary unaudited figures, the group’s operating result (EBIT) of 204 million euros represents an increase of 18 percent.

In total, 7.3 million standard containers (TEU) were handled at HHLA’s container terminals in the 2018 financial year. Compared to 7.2 million TEU in the previous year, this equates to an increase of 1.9 percent.

Container throughput at the three container terminals in Hamburg remained at the high level achieved in the previous year, while throughput at the international HHLA container terminals in Odessa (Ukraine) and Tallinn (Estonia) increased. Estonia’s largest terminal operator, TK Estonia, has been successfully integrated into the HHLA Group following its acquisition last year.

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