on Hamburger Hafen Und Logistik AG (ETR:HHFA)
HHLA Reports Positive Financial Results for 2024
Hamburger Hafen und Logistik AG (HHLA) announced a successful financial year for 2024, with group revenue growing by 10.5% to €1,598 million. The Group's operating result (EBIT) rose by 22.7% to €134 million. Container throughput slightly increased by 0.9% to 5,970 thousand TEU, while container transport surged by 11.6% to 1,787 thousand TEU.
Despite geopolitical instability and economic challenges, HHLA expanded its European network, enhancing revenue and earnings. The Port Logistics subgroup saw a revenue rise of 10.8% to €1,562 million, with EBIT up 26.8% to €118 million. Profit after tax reached €23 million, helped by increased storage charges at Hamburg terminals.
The Real Estate subgroup's financials remained stable, with revenue and EBIT unchanged from the previous year. HHLA plans to publish its detailed annual report on 26 March 2025.
R. H.
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