HHLA records a contraction of the rate of growth of the volumes and an improvement of the economic results



Progressively the containerized volumes enlivened recently from the harbour terminals and the activity of intermodal transport of the terminalista group have been reduced German Hafen Hamburger a Logistik AG (HHLA) that, after seven consecutive trimesters of emphasized rates of increase it keep on the decrease of the traffic happened during the economic crisis of 2009, in recent months has recorded a new slow down of the increase of the volumes. In according to trimester of this year operated harbour terminal from the group they have enlivened altogether 1.785.000 container teu, with a progression of the 1.5% regarding the correspondent period of 2011. In entire the first semester of the 2012 harbour terminal they have totaled a traffic of 3.516.000 teu, in increase of 3.0% on the first half last year.

Still more obvious the effect negative of the worsening of the economic crisis in existence in Europe on the volumes enlivened for intermodal way from HHLA, section that also is interested by a social reorganization: in the course of according to trimester of this year, in fact, the terminalista group and the railway group German Deutsche Bahn have scorporato the respective participation in joint venture dedicated to the rail shipment with the hinterland. As a result of this, now HHLA stops 86.5% of the capital stock of the intermodal society Metrans (previously stopped 51.5%) and 74.5% of the capital stock of the Polzug (previously possessed 33.3%). Moreover HHLA has yielded own participation of 50% in the TFG Transfracht to the Deutsche Bahn. In according to trimester of this year volumes transported from HHLA for railway way with the hinterland they have been pairs to 243.000 teu, with a decrease of 48.4% on the same period of 2011, and in the first six months of the 2012 traffic it has been of 697.000 teu, down of 24.6% on the first semester last year.

Such contraction of the volumes is reflected on the volume of transactions of the group, that it has archived item the period April-june of this year with revenues for 279,5 million euros, with a bending of 8.8% regarding 306,3 million euros in according to trimester of 2011. Although this decrease HHLA has increased the results totaling an operating profit (EBIT) of 60,2 million euros (+22.4%) and a profit after the taxes of 38,9 million euros (+39.4%). Al rise of the results has contributed also the cession of the share quotas: the extraordinary proceeds more consisting are determined by the cession of the participation in TFG Transfracht that has been pairs to 17 million euros.

In the first semester of the 2012 German terminalista group it has confiscated revenues for 566,3 million euros, with a decrease of 5.0% regarding the first half last year. The operating profit is piled to 94,2 million euros (+1.2%) and the profit after the taxes to 58,0 million euros (+9.4%).

"In a scene of more and more dark market - the president of HHLA, Klaus-Dieter Peters has commented today - in the first semester of the 2012 we have increased to the volumes of traffic near our container terminal and have strengthened our competitive position in Europe North. Moreover in according to trimester of the 2012 we have been able to improve turned out and useful".