Hamburg's HHLA 2019 container volume up 3.3pc to 7.6 million TEU
GERMAN terminal operator Hamburger Hafen und Logistik (HHLA) increased its group revenue by 6
GERMAN terminal operator Hamburger Hafen und Logistik (HHLA) increased its group revenue by 6.8 per cent to EUR1.38 billion (US$1.495 billion) in the 2019 financial year on earnings before interest and tax (EBIT) of EUR222 million, up by 8.8 per cent year on year.
The listed Port Logistics subgroup generated revenue of EUR1.35 billion, up from EUR1.26 billion the previous year, and an operating result (EBIT) of EUR205 million - an improvement on 2018's EUR188 million.
In total, 7.6 million TEU were handled at HHLA's container terminals in the 2019 financial year, up 3.3 per cent year on year.
Container throughput at the three container terminals in Hamburg slightly exceeded the high level achieved the previous year, while throughput at the international HHLA container terminals in Odessa (Ukraine) and Tallinn (Estonia) was significantly above the previous year's level.
With a transport volume of 1.57 million TEU, HHLA's intermodal activities surpassed the previous year's results by 5.7 per cent, driven by both rail and road transport.