Businessweek

Hamburger Hafen und Logistik AG reported earnings and operating results for the first quarter ended March 2013. For the quarter, revenue fell by 2.7 % to EUR 279.0 million due to consolidation versus EUR 286.8 million, while the operating result (EBIT) increased by 13.2 % to EUR 38.5 million partly due to the recognition of hidden reserves in the Logistics segment versus EUR 34.0 million. The operating result before depreciation and amortization (EBITDA) was 7.9 % down on the previous year at EUR 69.1 million versus EUR 64.0 million. Profit after tax and minority interests was up by 48.1 % against the previous year at EUR 14.4 million against EUR 9.7 million. The company increased its container throughput in the first three months of 2013 by 5.0 % to 1.8 million standard containers (TEU) compared to the low base level of the first quarter of 2012 versus 1.7 million standard containers(TEU). This was largely due to a 6.7 % increase in Asian traffic, a 7.4 % increase in feeder traffic to the Baltic ports and a significant rise in throughput volume at the HHLA Container Terminal Odessa. The company provided earnings and operating guidance for 2013. The company is forecasting 2013 Group revenue of between EUR 1.1 billion and EUR 1.2 billion. The company is aiming to achieve an operating result (EBIT) of between EUR 155 million and EUR 175 million. The company is anticipating container throughput to remain at the level seen in 2012 and an increase in container transport to around 1.1 million standard containers (TEU) based on the new ownership structure.

Hamburger Hafen und Logistik AG reported group earnings results for the year 2012. For the year, the company achieved EBITDA was EUR 307.5 million compared to EUR 333.4 million for the same period previous year. Profit after tax was EUR 111.8 million compared to EUR 118.8 million for the same period previous year. Cash flow from operating activities decreased by 20.9 % to EUR 210.5 million. Earnings per share amounted to EUR 0.95 for the listed Port Logistics subgroup in 2012, a year-on-year decline of 20.8%. Revenue fell by 7.3 % to EUR 1,128.5 million. Cash flow from operating activities came to EUR 210 million against EUR 266 million a year ago. The company proposed a dividend for the 2012 financial year of EUR 0.65 per dividend-entitled Class A share. The company provided earnings guidance for 2013. For the year, total group revenue is expected to range between EUR 1.1 billion and EUR 1.2 billion, with the operating result coming to between EUR 155 million and EUR 175 million. In view of the lingering difficult market environment, it is expected to only be possible to compensate for rising costs to a limited extent again in 2013.

Hamburger Hafen und Logistik AG Presents at 16th dbAccess German, Swiss and Austrian Conference, May-15-2013 02:15 PM. Venue: Hilton Hotel, Frankfurt/Main, Germany. Speakers: Klaus-Dieter Peters, Chairman of Executive Board.

Hamburger Hafen und Logistik AG reported preliminary unaudited group earnings results for the year 2012. For the year, the company achieved group revenue of approximately EUR 1,125 million compared to EUR 1,217 million for the same period previous year, and an operating result (EBIT) of around EUR 185 million compared to EUR 207 million for the same period a year ago. The related business conditions were characterized by both a weaker economic environment and the consequences of further delayed infrastructure measures. With these results the company fulfilled its updated forecast - issued in autumn 2012 - which set targets in the region of EUR 1.1 billion for revenue and in the range of EUR 170 million to EUR 190 million for EBIT.

Hamburger Hafen und Logistik AG, 2012 Earnings Call, Mar 27, 2013