Independent journal on economy and transport policy
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Container traffic at HHLA's port terminals fell by -11.2% in the third quarter
This activity generated revenues of 323.2 million euros (-5.7%)
November 12, 2020
In the third quarter of 2020, container traffic moved by HHLA's port terminals was 1.74 million teu, with a decrease of -11.2% over the same period of last year, while intermodal traffic moveded by the company totalled 411,000 teu (+2.2%).
In the first nine months of this year containerized traffic in the group's port terminals amounted to 5.09 million of teu, with a decrease of -11.2% over the corresponding period 2019. Intermodal traffic amounted to 1.13 million (-4.6%). In the first nine months of 2020, the group's revenues amounted to 959.9 million euros (-8.1%), of which 937.4 million euros produced by port activities (-8.1%). The latter have generated an EBITDA of 215.9 million (-22.1%), an operating profit of 96.6 million (-40.7%) and a profit after tax of 51.3 million (-50.8%).
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In the third quarter of 2020, container traffic moved by HHLA's port terminals was 1.74 million teu, with a decrease of -11.2% over the same period of last year, while intermodal traffic moveded by the company totalled 411,000 teu (+2.2%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
