HHLA shares performance and strategic developments at AGM

In her speech at the Annual General Meeting of HHLA in Hamburg earlier this month, CEO Angela Titzrath looked back at the 2024 financial year, during which Hamburger Hafen und Logistik AG (HHLA) strengthened its position as a European network logistics provider.

Despite global challenges such as the ongoing weakness of the German economy, the conflict in the Middle East and the war in Ukraine, HHLA closed the year with a positive development in revenue and earnings: Group revenue increased by 10.5 percent to €1,598.3 million and the Group operating result (EBIT) went up by 22.7 percent to € 134.3 million.

Angela Titzrath said: “In 2024, HHLA demonstrated its resilience in a challenging market environment while consistently advancing the implementation of its strategic goals. We made significant progress with the targeted expansion of our European network, along with technological advancements and increased automation at our container terminals in Hamburg. In addition to laying the groundwork for future growth, this also bolstered Hamburg’s competitiveness as a business location.

“The positive economic performance shows that HHLA is on the right track – with a clear goal of making the company even more connected, more digital and more sustainable.”

 

 

 

          ◦         

Previous
Previous

Mawani signs privatisation contracts for multipurpose cargo terminals at eight Saudi ports

Next
Next

DP World to develop Syria’s Port of Tartus under landmark 30-year deal