Hamburger Hafen Und Logistik Ag · XETR:HHFA
Hamburger Hafen Und Logistik — Q1 2018 Earnings Presentation
15 slides from Hamburger Hafen Und Logistik's earnings presentation, May 15, 2018
Slide 1: Hamburger Hafen und Logistik AG
HAMBURGER HAFEN UND LOGISTIK AG Analyst conference call on the interim results January to March 2018 Hamburg, 15 May 2018 © Hamburger Hafen und Logistik AG
Slide 2: Agenda and Disclaimer
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
Slide 3: Summary of major achievements in Q1 2018
Summary of major achievements in Q1 2018 Summary Positive financial development successfully continued Start into the financial year 2018 supports full year expectations HHLA with slight revenue increase and significant rise in operating result Strategically important acquisition of biggest terminal
Slide 4: Business environment in Q1 2018
Business update and financials Business environment in Q1 2018 No changes: Sustainable positive GDP development supports container throughput growth Expectation for FY 2018 Macroeconomic environment Despite a slight slowdown towards year end 2017 climate indicators keep assuming a GDP World World
Slide 5: Financial highlights Q1 of Port Logistics subgroup
Business update and financials Financial highlights Q1 18 of Port Logistics subgroup Positive start in the financial year 2018 Revenue EBIT EBIT margin € 307.3 million € 44.2 million 14.4 % + 3.3 % + 5.9 % + 0.4 pp Profit after tax ROCE Operating cash flow and minorities € 21.6 million 15.3 % € 50.3
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 + 2.6 % mainly driven by Far East volumes rising by 8.9 % y-o-y 1
Slide 7: Container segment
Container segment Business update and financials Revenue exceeds container throughput growth, EBIT in line Revenue ■ 3M17 ■ 3M18 OpEx ■ 3M17 ■ 3M18 Revenue increase stronger than rise in + 4.9 % + 5.4 % throughput, mainly due to significantly rising Far East volumes 191.7 182.8 159.0 decrease
Slide 8: Intermodal segment
Intermodal segment Business update and financials Revenue stable on previous year’s level – EBIT with double-digit growth Revenue ■ 3M17 ■ 3M18 OpEx ■ 3M17 ■ 3M18 Revenue almost in line with previous - 0.1 % - 2.7 % year despite significantly lower transport volume as a result of 101.7 101.6 85.2
Slide 9: Logistics segment
Logistics segment Business update and financials Positive EBIT development Revenue ■ 3M17 ■ 3M18 EBIT ■ 3M17 ■ 3M18 Revenue growth mainly driven by + 11.1 % strong volume development in vehicle 12.2 logistics 11.0 €m 0.1 Segment turned EBIT positive again especially attributable to consulting €m
Slide 10: Earnings bridge
Business update and financials Earnings bridge Net profit decreased due to temporarily higher minorities in € million, figures of Port Logistics subgroup (change vs. 3M17 in € million) 44.2 1.0 3.9 EPS 10.6 € 0.31 (- 0.5) (- 0.1) 9.1 (- 0.8) 21.6 (+ 2.0) Effective tax rate Net financial at 25.6 % al
Slide 11: Cash flow
Cash flow Business update and financials Financial funds sufficient to finance ongoing business Cash flow from operating activities ■ 3M17 ■ 3M18 Cash flow from investing activities ■ 3M17 ■ 3M18 Cash flow from financing activities ■ 3M17 ■ 3M18 €m €m €m €m 81.5 -7.1 -17.3 50.3 -57.1 -72.8 €m €m T
Slide 12: Macroeconomic and sector outlook
Business forecast 2018 Macroeconomic and sector outlook Macroeconomic forecast remains stable – throughput expectation for 2018 with positive dynamics GDP World World trade Macroeconomic outlook 2018 Global growth dynamics supposed to continue on a stable and sound level + 3.9 % + 5.1 % World tr
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
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
Slide 15: Interim Statement January to March 2018
Interim Statement January to March 2018 http://report.hhla.de/interim-statement-q1-2018 © Hamburger Hafen und Logistik AG
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