Hamburger Hafen Und Logistik Ag · XETR:HHFA
Hamburger Hafen Und Logistik — H1 2024 Earnings Presentation
11 slides from Hamburger Hafen Und Logistik's earnings presentation, Aug 14, 2024
Slide 1: Analyst conference call on the interim results January to June 2024
Analyst conference call on the interim results January to June 2024 Hamburg, 14 August 2024 © Hamburger Hafen und Logistik AG
Slide 2: Content and Disclaimer
Content 01 At a glance Disclaimer The facts and information contained herein are as up to date as is reasonably possible and are subject to Angela Titzrath, CEO revision in the future. Neither the Company nor any of its parent or subsidiary undertakings nor any of such person’s directors, officers,
Slide 3: At a glance: HHLA benefits from temporary effects and European network expansion
At a glance HHLA benefits from temporary effects and European network expansion in first half 2024 EBIT guidance for 2024 confirmed Port Logistics subgroup Market environment 1 – 6 │ 2024 China’s pronounced economic weakness, geopolitical tensions, the military conflict in the Middle East and the
Slide 4: EBIT benefits from temporary higher storage fees and earnings safeguarding measures
Performance EBIT benefits from temporary higher storage fees and earnings safeguarding meassures Throughput volume momentum slows due to cyclical slowdown in Q2 Container Container throughput Revenue Overall volume trend driven by in thousand TEU +2.2% in € million +7.5% − Hamburg volumes up by 1.
Slide 5: Transport volumes with positive impact from DACH region and acquisition
Performance Transport volumes with positive impact from DACH region and acquisition EBIT burdened by change in cargo mix, tariff increases and the expansion of rail transport business Intermodal Container transport Revenue Transport volumes slightly up by 1.8 % in thousand TEU +1.8% in € million +
Slide 6: Top and bottom declined despite strong growth in leasing activities
Performance Top and bottom declined despite strong growth in leasing activities At-equity earnings benefited from good results in bulk handling Logistics Revenue EBIT Significant decrease in revenue from in € million in € million -5.1% consolidated companies mainly due to pos. neg. strong decline
Slide 7: Capex according to plan led to negative free cash flow
Performance Capex according to plan led to negative free cash flow Focus on expanding own transport capacities for Intermodal business and efficiency at HH container terminals in € million Free cash: ‒ 33.5 131.3 38.7 D&A 79.6 € 0.08 per A share distributed EBIT 126.7 174.6 51.7 0.0 0.7 0.0 5.8 0.3
Slide 8: Guidance for 2024 slightly adapted
Guidance 2024 Guidance for 2024 slightly adapted EBIT expectation confirmed Research estimates for 2024 Guidance for the Port Logistics subgroup 2024 GDP development 2023 Guidance for 2024 World + 3.2 % China + 5.0 % Container throughput 5,917 k TEU moderate increase (previously: significant inc
Slide 9: Revised medium-term ambition
Medium-term ambition Revised medium-term ambition EBIT ambition postponed from 2025 to financial year 2027 at the earliest Medium-term targets* reflecting growth and efficiency improvements 2027 EBIT of around € 400 m Postponed mainly due to market conditions since 2021, i.e. pandemic, war in Ukra
Slide 10: Q&A
Q&A Recording will be available at https://hhla.de/en/investors/publications/reports/conference-call 14.08.2024 Analyst conference on the interim results January to June 2024 10 © Hamburger Hafen und Logistik AG
Slide 11: Financial calendar and contact
Service Financial calendar and contact Financial calendar 2024 . Julia Hartmann // Head of IR 14 August 2024 Phone: +49 40 3088 3397 21 March 2024 Half-year Financial Report E-mail: hartmann-j@hhla.de Annual Report 2022 Analyst conference call Analyst conference call 14 November 2024 15 May 2024 Int
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