Independent journal on economy and transport policy
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Stable the containerized trade enlivened from the harbour terminals of HHLA in the third trimester
The period has been archived item with a profit after the taxes of 40,0 million euros (+4.9%)
November 13, 2018
The terminalista group German Hamburger Hafen und Logistik AG (HHLA), so as other primary European companies of the field, finds it hard to find again an analogous step of increase to that precedence the total economic crisis of 2008 although the total volume of transactions is not at all distant from those recorded in the years precedence the phase of begun recession a decade ago.
The German group has closed the third trimester of this year with revenues pairs to 331,1 million euros, total that turn out to be the third more consisting quarterly turnover recorded from HHLA after those of 345,3 and 339,2 million obtained respective in the third party and according to trimester of 2008 and that it represents an increment of +3.5% regarding 320,0 million euros totaled in the period July-september of 2017. EBITDA and EBIT have shown bendings of -3,9% and -0,3% on the third trimester last year attesting to 83,4 million and 56,2 million euros. The profit after the taxes is piled to 40,0 million euros (+4.9%).
In Core business of the container terminal the group has recorded revenues pairs to 190,9 million euros (- 0.2%), an EBITDA of 54,6 million euros (- 5.7%) and an operating profit of 34,7 million euros (- 6.2%). In the third trimester of the 2018 managed harbour terminal from the group they have enlivened a containerized trade pairs almost 1,9 million teu (+0.5%).
More satisfactory the generated economic results from the intermodal activities of the group, segment that have totaled revenues pairs to 116,0 million euros (+9.8%), an EBITDA of 31,1 million euros (+15.2%) and a EBIT of 26,7 million euros (+30.2%). In the field the traffic of the container enlivened from the group has been pairs to 385 thousand teu (+0.8%).
Logistic other asset operated by the group has generated revenues pairs to 14,7 million euros (+15.7%), an EBITDA of 1,8 million euros (+5.9%) and an operating profit of about 800 thousand euros (+33.3%).
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