Independent journal on economy and transport policy
15:17 GMT+2
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Negative quarterly economic and operating results of the HHLA terminal group
Titzrath: 2020 will be one of the most difficult years in the company's history
May 12, 2020
In the first three months of 2020, HHLA's port terminals container traffic of 1.80 million teu, decrease of -3.7% over the same period last year. Year. The group's intermodal transports handled 378 thousand teu (-5.0%). In the period, HHLA's revenues totaled 335.7 million (-3.4%). EBITDA and EBIT 77.5 million euros (-21.3%) respectively 36.7 million euro (-38.6%) and after-tax profit was 17.9 million (-53.4%).
The containerized terminal segment alone generated revenue 195.6 million euros (-2.6%) EBIT of 25.8 million euro (-31.7%), while in the intermodal segment, revenues were 116.8 million euros (-5.8%) and operating profit is 17.2 million euros (-31.9%).
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