Hamburger Hafen und Logistik Aktiengesellschaft Earnings Call Transcripts
Fiscal Year 2025
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2025 saw strong volume and revenue growth, especially in intermodal and international terminals, but net income was hit by a one-off tax effect, leading to a dividend suspension. 2026 guidance is positive, with significant investments planned amid ongoing geopolitical and market uncertainties.
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Strong revenue and operating growth in Q1 2025 driven by Far East volumes and intermodal expansion, despite global uncertainties. EBITDA and liquidity improved, with robust outlook and major investments planned for the year.
Fiscal Year 2024
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Resilience and strategic investments drove revenue and EBIT growth despite geopolitical and economic headwinds. Strong intermodal and international terminal performance offset regional declines, with robust outlook and increased capital expenditure planned for 2025.
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Resilient performance amid global disruptions led to higher transport volumes and strong revenue growth, with EBIT up 87.1% year-over-year. Outlook for 2024 was raised for revenue and EBIT, while capital expenditure guidance was lowered due to project delays.
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H1 2024 saw moderate growth in container throughput and revenue, driven by longer dwell times and acquisitions, despite global volatility and geopolitical tensions. EBIT guidance for 2024 remains €70–100 million, with medium-term targets delayed to 2027.