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.
Hamburger Hafen und Logistik AG
Bei St. Annen 1, 20457 Hamburg, Germany
Class A shares, ISIN: DE000A0S8488, SIC: A0S848, Indices: SDAX
Listings: Regulated Market in Frankfurt (Prime Standard), Hamburg