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/ 05.05.2017

Ad hoc: HHLA Updates Forecast for Container Segment

Hamburg, 5 May 2017, 5:26 p.m.

Ad-hoc announcement in accordance with Article 17 Section 1 of the Market Abuse Regulation

The Executive Board of Hamburger Hafen und Logistik AG (HHLA) considered the current throughput and earnings developments in the Container segment in a meeting held on 5 May 2017. After evaluating the final figures for the first quarter of 2017, a significant increase in container handling is expected this year (previously: in the range of the previous year). In light of these developments, the Executive Board is updating the forecast for 2017. A Container segment result (EBIT) is now expected in the upper half of a range between € 75 million and € 105 million (previously: € 65 million to € 95 million) before possible one-off expenses of up to € 15 million.
There are no changes to the other segments.

In light of this development, the Executive Board expects an operating result (EBIT) in the upper half of a range between € 140 million and € 170 million for the Group (previously: € 130 million to € 160 million) and in the upper half of a range between € 125 million and € 155 million for the Port Logistics subgroup (previously: € 115 million to € 145 million), both excluding possible one-off expenses of up to € 15 million.

Further details will be outlined in the interim financial statement for the first quarter of 2017 on 12 May 2017.

 

Further inquiries: Heiko Hoffmann, Head of Investor Relations; Phone +49 (0)40 3088-3397