Financial ambition

Growth, efficiency and sustainability as guiding principles for the future development of HHLA

Medium-term ambition*

2025

→

not before 2027

Operating result (EBIT) of around € 400 m

Total investments of around € 1.6 bn (from 2021 onwards)

Postponed mainly due to market conditions since 2021, i.e. pandemic, war in Ukraine and military conflict in the Red Sea.

2025

✓

Return on Capital Employed (ROCE)
above cost of capital

Net debt / EBITDA
in investment grade territory

Continued dividend policy
to distribute 50 to 70 % of net profit

All confirmed for 2027

* as of August 2024; reflects consideration for Port Logistic subgroup on a stand-alone basis; based on assumptions and estimates incl. normalised conditions for the course of business and the macroeconomic development as well as successful implementation of the efficiency programme

Long-term targets

Strengthening of the market and competitive position

Promotion and expansion of climate-neutral logistic chains

Development of new business activities

Non-financial targets

Target 2030
Halve absolute CO₂ emissions
compared to base year 2018

Target 2040
Climate neutralitiy