HHLA posts strong 2018 financial results

HHLA

Hamburger Hafen und Logistik AG (HHLA) closed the year with a reported rise in its earnings.

According to preliminary unaudited figures, HHLA increased its group revenue by 3 percent to EUR 1.29 billion (USD 1.5 billion) in the 2018 financial year from EUR 1.25 billion seen last year.

The group’s operating result (EBIT) came in at EUR 204 million, against EUR 173 million reported in 2017, representing an increase of 18 percent.

“HHLA has performed very successfully over the past financial year, despite the deterioration of the market environment in the second half,” Angela Titzrath, Chairwoman of the Executive Board of HHLA, commented.

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