Hamburger Hafen Und Logistik Ag · XETR:HHFA

Hamburger Hafen Und Logistik — H1 2018 Earnings Presentation

15 slides from Hamburger Hafen Und Logistik's earnings presentation, Aug 14, 2018

  1. Slide 1: Analyst conference call on the half-year financial report 2018

    HAMBURGER HAFEN UND LOGISTIK AG Analyst conference call on the half-year financial report 2018 Hamburg, 14 August 2018 © Hamburger Hafen und Logistik AG

  2. Slide 2: Agenda

    Agenda Disclaimer The facts and information contained herein are as up to date as is reasonably possible  Summary of major achievements and are subject to revision in the future. Neither the Company nor any of its parent or Angela Titzrath, CEO subsidiary undertakings nor any of such person’s direc

  3. Slide 3: Summary of major achievements in the first half of 2018

    Summary of major achievements in the first half of 2018 Summary Improvement of business results Half-year result fully in line with expectation for 2018 financial year HHLA Port Logistics with slight increases in revenue and operating result Strategically important acquisition of biggest terminal op

  4. Slide 4: Business environment in 1H18

    Business update and financials Business environment in 1H18 Slight slowdown in economic growth; rise in container throughput in Q2 after model update by Drewry Expectations for FY 2018 Macroeconomic environment  Global economy with a slight slowdown over the course of 1H18 (Q1: - 0.8 %); GDP World

  5. Slide 5: Financial highlights 1H18 of Port Logistics subgroup

    Business update and financials Financial highlights 1H18 of Port Logistics subgroup Revenue and EBIT increased slightly compared to the very good previous year Revenue EBIT EBIT margin € 617.1 million € 91.4 million 14.8 % + 1.6 % + 0.8 % - 0.1 pp Profit after tax ROCE Operating cash flow and minori

  6. Slide 6: Throughput and transport development

    Business update and financials Throughput and transport development Container throughput slightly rising while container transport is declining as expected Container throughput in thousand TEU  Slight increase in container throughput + 1.2 % mainly driven by Far East volumes rising 3,610 3,631 by 4

  7. Slide 7: Container segment

    Container segment Business update and financials Revenue exceeds container throughput growth – EBIT in line with previous year Revenue ■ 1H17 ■ 1H18 OpEx ■ 1H17 ■ H118  Revenue increase slightly stronger + 2.2 % than rise in throughput, impacted by + 2.6 % 372.3 380.3 − increase of rail-related car

  8. Slide 8: Intermodal segment

    Intermodal segment Business update and financials Revenue stable on previous year’s level – EBIT with double-digit growth Revenue ■ 1H17 ■ 1H18 OpEx ■ 1H17 ■ H118  Revenue almost in line with previous + 0.9 % - 1.2 % year and significantly better than 206.2 208.0 171.4 transport volume as a result

  9. Slide 9: Logistics segment

    Logistics segment Business update and financials Positive EBIT development Revenue ■ 1H17 ■ 1H18 OpEx ■ 1H17 ■ H118  Revenue growth mainly driven by + 2.0 % + 58.0 % strong volume development in vehicle 24.7 25.2 logistics 1.0  Positive EBIT contribution increased, especially attributable to vehic

  10. Slide 10: Earnings bridge

    Business update and financials Earnings bridge Net profit almost on the very high level of 1H17 – minorities down due to increased METRANS stake in € million, figures of Port Logistics subgroup (change vs. 1H17 in € million) 2.7 9.0 91.4 EPS (- 0.3) 21.4 € 0.68 (+ 2.1) 16.4 (+ 0.4) 47.3 (- 1.3) Net

  11. Slide 11: Cash flow

    Cash flow Business update and financials Financial funds sufficient to finance ongoing business Cash flow from operating activities ■ 1H17 ■ 1H18 Cash flow from investing activities ■ 1H17 ■ 1H18 Cash flow from financing activities ■ 1H17 ■ 1H18 €m €m €m €m 139.2 87.4 -54.1 -86.1 -78.9 -132.7 €m €m

  12. Slide 12: Macroeconomic and sector outlook

    Business forecast 2018 Macroeconomic and sector outlook Macroeconomic forecast remains stable – throughput expectation for 2018 with positive dynamics Macroeconomic outlook 2018 GDP World World trade  Global GDP is supposed to continue on a stable and sound level + 3.9 % + 4.8 %  World trade assum

  13. Slide 13: Outlook 2018 confirmed

    Business forecast 2018 Outlook 2018 confirmed Port Logistics subgroup 2017 Guidance 2018 Container throughput 7,196 thousand TEU in the region of previous year Container transport 1,480 thousand TEU in the region of previous year Revenues € 1,220.3 million in the region of previous year EBIT € 156.6

  14. Slide 14: Financial calendar / IR contact

    Financial calendar / IR contact Financial calendar 2018 IR contact Phone: +49 40 3088 3397 Fax: +49 40 3088 55 3397 28 March 2018 Annual report 2017 Analyst and investor conference E-mail: investor-relations@hhla.de Web: www.hhla.de 15 May 2018 Interim statement January - March 2018 Analyst and inve

  15. Slide 15: Half-year financial report 2018

    Half-year financial report 2018 http://report.hhla.de/half-year-financial-report-2018/ © Hamburger Hafen und Logistik AG

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