German container terminal operator Hamburger Hafen und Logistik AG (HHLA) reported increased annual box throughput, compared to the previous year, at 5.97 million TEUs
Throughput at the Hamburg container terminals remained nearly unchanged at 5.69 million TEUs, while the intermodal segment saw an 11.6% growth in transport volumes, reaching 1.79 million TEUs.
According to preliminary unaudited figures, HHLA achieved a 10.5% increase in Group revenue for the 2024 financial year, reaching approximately US$1.69 billion. Moreover, the Group operating result (EBIT) rose by 22.7% to around US$142 million, aligning with the expected range of US$132 million to US$153 million. Furthermore, the company’s consolidated net income after minority interests increased to US$35 million, compared to US$21 million in the previous year.
Angela Titzrath, CEO of HHLA, commented: “Despite ongoing geopolitical instability, recession in Germany and supply chain disruptions, we consistently pushed ahead with the strategic development of HHLA in 2024. The targeted expansion of our European network in particular had a positive effect on our revenue and earnings.”
