HAMBURGER HAFEN UND LOGISTIK AG (FRA:HHFA) Hamburger Hafen und Logistik AG: HHLA exceeds revenue and EBIT expectation for 2021
Transparency directive : regulatory news
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DGAP-Ad-hoc: Hamburger Hafen und Logistik AG / Key word(s): Preliminary Results Hamburg, 16 February 2022 Hamburger Hafen und Logistik Aktiengesellschaft Disclosure of an inside information in acc. to Article 17 of the Market Abuse Regulation HHLA exceeds revenue and EBIT expectation for 2021 According to preliminary unaudited figures, Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 12.7 percent to € 1.465 billion in the 2021 financial year (previous year: € 1.300 billion). The Group operating result (EBIT) increased by 84.7 percent year-on-year to € 228 million (previous year: € 124 million). Compared with the previous year, container throughput increased by 2.5 percent to 6,943 thousand TEU. Transport volumes increased by 10.0 percent to 1,690 thousand TEU. The listed Port Logistics subgroup generated revenue in the amount of € 1.436 billion (previous year: € 1.269 billion) and an operating result (EBIT) of € 213 million (previous year: € 110 million). The operating result from the previous year was influenced by additions to provisions amounting to € 43 million. Without these provisions, the operating result would have been € 153 million. The Port Logistics subgroup exceeded the revenue forecast for the year published in October with approximately € 1,410 million and an operating result in the region of € 190 million. Significantly higher storage charges during the year as a result of the ongoing disruptions to global supply chains and major ship delays, which led to longer container dwell times and additional container handling at HHLA's terminals in Hamburg, had a positive effect on the development of the revenue and earnings in the financial year. In addition, a higher subsidy for route prices of approximately € 11 million granted retroactively made a positive contribution to the Port Logistics subgroup's earnings. With revenue remaining constant in the amount of € 38 million (previous year: € 38 million), the Real Estate subgroup recorded an increase in operating result (EBIT) compared with the previous year of 18.0 percent to € 15 million (previous year: € 13 million). HHLA will publish complete figures for the 2021 financial year and a business forecast for the ongoing 2022 financial year at 7.30 a.m. on Thursday, 24 March 2022. EBIT is defined as earnings before interest and taxes. For more detailed information, please click here. Contact: Julia Hartmann Head of 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: investor-relations@hhla.de
16-Feb-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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: | info@hhla.de |
| Internet: | www.hhla.de |
| ISIN: | DE000A0S8488 |
| WKN: | A0S848 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1280974 |
| End of Announcement | DGAP News Service |
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1280974 16-Feb-2022 CET/CEST