Hamburger Hafen Und Logistik Ag · XETR:HHFA

Hamburger Hafen Und Logistik — 9M 2014 Earnings Presentation

17 slides from Hamburger Hafen Und Logistik's earnings presentation, Nov 13, 2014

  1. Slide 1: Interim Results January – September 2014

    HAMBURGER HAFEN UND LOGISTIK AG INTERIM RESULTS JANUARY – SEPTEMBER 2014 Analyst Conference Call, 13 November 2014 Interim Results Berenberg Commerzbank& Goldman Sector January Conference Sachs – September German Week Corporate 2014 – August © Hamburger Conference 2013 © Hamburger Hafen © Hamburger

  2. Slide 2: Disclaimer

    Disclaimer The facts and information contained herein are as up to date as is reasonably possible and are subject to revision in the future. Neither the Company nor any of its parent or subsidiary undertakings nor any of such person’s directors, officers, employees or advisors nor any other person m

  3. Slide 3: Agenda

    Agenda  Business Development Klaus-Dieter Peters CEO  Financial Performance Dr. Roland Lappin CFO  Outlook Klaus-Dieter Peters CEO Interim Results January – September 2014 © Hamburger Hafen und Logistik AG 3

  4. Slide 4: Trends and Challenges 2014

    Business Development Trends and Challenges 2014 Economic momentum at a slow pace, competition remains tough GDP Development H1 2014 Economic Environment Global economy + 2.7 %  Global economic growth slowed markedly  Modest development in most of HHLA’s key China + 7.5 % markets continued, except

  5. Slide 5: Satisfying Performance in Challenging Markets

    Business Development Satisfying Performance in Challenging Markets Throughput growth at Hamburg terminals while volume in Odessa declined Throughput*: Hamburg terminals + 1.8 % Container Throughput 5,40 5,50  HHLA terminals increased throughput in total ±0% by 0.3 % to 5.7 million TEU 1,79 1,86 1,8

  6. Slide 6: Elbe Waterway Adjustment

    Business Development Elbe Waterway Adjustment Administrative steps by the public authorities in charge Initiation of Final Main hearings Proceedings Advocate Ruling on the EU Final ruling plan approval plan on legal stayed pending General's Water Framework on the plan process approval objections a d

  7. Slide 7: Smart Traffic Management

    Business Development Smart Traffic Management Various measures implemented to optimise traffic flows of all transport modes Ultra Large Vessels Nautical Terminal Coordination (NTK)  Nautical Terminal Coordination (NTK)  Offering a centralised operational coordination of large vessel calls to optim

  8. Slide 8: Successful Intermodal Strategy continued

    Business Development Successful Intermodal Strategy continued New locomotives to further enhance the production quality and efficiency  Purchase of 20 new multi-system locomotives to further enhance product quality and improve cost efficiency  Delivery between September 2014 and March 2015  Succe

  9. Slide 9: Key Figures

    Financial Performance Key Figures January to September 2014 HHLA Group Subgroup Port Logistics in € million 1-9 | 2014 Δ y-o-y 1-9 | 2014 Δ y-o-y Revenue 906.7 6.0 % 885.4 6.1 % EBIT 131.3 10.9 % 120.0 11.5 % EBIT margin in % 14.5 0.7 pp 13.5 0.6 pp Profit after tax and minorities 46.9 5.2 % 41.0 3.

  10. Slide 10: Operating Expenses

    Financial Performance Operating Expenses Cost trend largely in line with volume development Total Operating Expenses: + 4.7 % Throughput/Transport Growth: + 0.3 % / + 10.2 % in € million Cost of materials 791.3 755.5  Increase in line with volume trend  Rise especially in the material-intensive In

  11. Slide 11: Earnings Bridge

    Financial Performance Earnings Bridge Net profit and EPS increased despite negative F/X-effect and one-time provision € 120.0 m - € 22.9 m F/X-effect - € 7.0 m - € 29.3 m Financial result € 5.8 m lower due to F/X-effects - € 26.8 m EPS Effective tax rate up 0.59 € 3.5 pp to 30.2 % due to not taxable

  12. Slide 12: Financial Position

    Financial Performance Financial Position Solid financial basis maintained Free Cash Flow Equity in € million in € million / Equity ratio in %  Strong rise in operating cash flow  Equity ratio down to 34.9 % due to exceeding increased investment cash flow FX-effects and actuarial losses (driven by

  13. Slide 13: Container Segment

    Financial Performance Container Segment January to September 2014 in € million 9M 2014 9M 2013 Δ y-o-y  Throughput volume up by 0.3 % in total, but 1.8 % at Hamburg Container terminals 5,701 5,681 0.3 % throughput1 Revenue 565.1 539.6 4.7 %  Average revenue per TEU temporarily improved mainly due

  14. Slide 14: Intermodal Segment

    Financial Performance Intermodal Segment January to September 2014 in € million 9M 2014 9M 2013 Δ y-o-y  Market position further strengthened by outperforming general market Container transport 1 973 883 10.2 % trend with a high growth in volumes  Revenue increase above volume Revenue 263.4 232.9

  15. Slide 15: Logistics Segment

    Financial Performance Logistics Segment January to September 2014 in € million 9M 2014 9M 2013 Δ y-o-y  Divergent development of business activities Revenue 48.7 54.3 -10.4 %  Basis of comparison affected by EBITDA - 0.5 2.9 neg. one-time gain  EBIT hampered by declining EBITDA margin - 1.0 % 5.4

  16. Slide 16: Business Forecast for 2014

    Outlook Business Forecast for 2014 Market Environment Performance of the Port Logistics subgroup  Global economy (GDP) + 3.3 % Volumes  Global trade + 3.8 %  Container throughput: marginal increase on previous year  Container throughput, global + 5.2 % (2013: 7.5 million TEU)  Container transpo

  17. Slide 17: Financial Calendar IR Contact

    Financial Calendar IR Contact 30 March 2015 Phone: +49 40 3088 3100 Annual Report 2014 Fax: +49 40 3088 55 3100 13 May 2015 Interim Report January-March 2015 E-mail: investor-relations@hhla.de 11 June 2015 Web: www.hhla.de Annual General Meeting (AGM) 13 August 2015 Change in IR Interim Report Janua

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