HHLA boxes up
Hamburger Hafen und Logistik AG (HHLA) increased its container throughput to 1.7m teu in the first quarter of 2012.
Revenue decreased by 1% to € 286.8m including a change in consolidation. Based on lower earnings quality and expenses for the reorganisation of a terminal in the container segment, the operating result (EBIT) decreased by 22.6% to € 34.0m.
For the full year 2012, HHLA nevertheless expects EBIT of at least € 200 million and group revenue of € 1.1 billion, not least thanks to the realignment of its intermodal activities.
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