Independent journal on economy and transport policy
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They get worse the quarterly accounts of terminalista group German HHLA
The traffic of the container enlivened from the harbour terminals of the group accusation a decrease after ten consecutive trimesters of increase
November 13, 2012
In the third trimester of this year the terminalista group German Hamburger Hafen und Logistik AG (HHLA) has recorded an sensitive deterioration of the economic results and, for the first time after ten trimester of increase of the traffic, also an light bending of the enlivened containerized cargo volume from the managed harbour terminals from the company.
HHLA has archived item the third trimester of 2012 with a profit after the taxes of 30,4 million euros on revenues for 280,9 million euros, with decreases respective of 31% and 11% on the correspondent period last year. EBITDA and EBIT have been attested to 79,2 million euros (- 22%) and 49,6 million euros (- 30%). In the period July-september of this year the harbour terminals of the group have enlivened a traffic of the container pairs almost 1,9 million teu, with a decrease of 0.2% on the same period of 2011, while for intermodal way HHLA it has forwarded 252 thousand teu, with a consisting decrement of 50% on the third trimester last year.
In the first nine months of the 2012 German group it has totaled a profit after the taxes of 88,0 million euros on revenues for 847,2 million euros, with decreases respective of 9% and 7% on the same period of 2011. EBITDA and EBIT are piled to 233,8 million euros (- 8%) and 143,8 million euros (- 13%). In the period January-september of this year the managed harbour terminals from the group have enlivened 5,4 million container teu (+1.9%), while the intermodal shipments have been pairs to 949 thousand teu (- 33.4%).
"As we expected - the president of HHLA, Klaus-Dieter Peters has commented - the economic scene has continued to deteriotate in the course of the third trimester of 2012. On the base of the results that we have achieved up to now, we are however in a position to confirming our forecast for entire year 2012: we continue to last year preview a traffic of the analogous container to that and, on this base, next revenues to 1,1 billion euros and a comprised operating result between 170 and 190 million euros are attended".
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