Hamburger Hafen Und Logistik Ag · XETR:HHFA

Hamburger Hafen Und Logistik — FY2023 Earnings Presentation

15 slides from Hamburger Hafen Und Logistik's earnings presentation, Mar 21, 2024

  1. Slide 1: Analyst conference on the 2023 financial year results

    Analyst conference on the 2023 financial year results Hamburg, 21 March 2024 © Hamburger Hafen und Logistik AG

  2. Slide 2: Agenda

    Agenda 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, e

  3. Slide 3: HHLA's results burdened by economic weakness in 2023

    At a glance HHLA’s results burdened by economic weakness in 2023 Dividend policy confirmed; EBIT outlook 2024 of € 70 to 100 million Port Logistics subgroup FY 2023 Market environment  Continuing war in Ukraine, geopolitical tensions, stubborn inflation and rising interest rates continued to dampen

  4. Slide 4: Investing in future readiness and sustainable container business in Hamburg

    Performance Investing in future readiness and sustainable container business in Hamburg Meeting the challenges and ensuring the future viability of HHLA’s terminals in Hamburg Capex 2018 – 2024  Over the last 5 years, we invested more than € 1 billion in the Port in € million 360 – 410 Logistics su

  5. Slide 5: Revenue & EBIT impacted by falling volumes and decline in storage fees

    Performance Revenue & EBIT impacted by falling volumes and decline in storage fees Container throughput development in line with other European North range ports Container Container throughput Revenue  Overall container throughput down by 7.5 % in thousand TEU in € million -7.5% -18.0% − Hamburg vo

  6. Slide 6: Economic slowdown led to moderate decline in transport volumes

    Performance Economic slowdown led to moderate decline in transport volumes Operational performance mainly burdened by lower volumes whilst rise in opex could be partly offset Intermodal Container transport Revenue  Transport volumes declined by 5.4 % in thousand TEU in € million +4.2% -5.4% − rail

  7. Slide 7: Revenue development supported by new leasing company for intermodal sector

    Performance Revenue development supported by new leasing company for intermodal sector EBIT driven by favorable development of vehicle logistics and leasing activities Logistics Revenue EBIT  Increase in revenue from consolidated in € million in € million +0.8% companies driven by new consolidated

  8. Slide 8: Capex in line with planning to support further automation of container terminals

    Performance Capex in line with planning to support further automation of container terminals in € million Free cash: - 36.0 Increased financial indebtedness 262.0 of € 178.5 m and payments received in connection with 62.6 minority shareholding of Cosco D&A at CTT of € 47.1 m 169.1 Financing cash flo

  9. Slide 9: Net financial debt driven by capital structure to support investments

    Performance Net financial debt driven by capital structure to support investments Sound equity ratio of 27 % while increasing financial indebtedness to fund capex programme Changes in equity Equity development  Equity decreased mainly due to the in € million in € million distribution of dividends a

  10. Slide 10: HHLA confirms dividend policy and proposes 8 cents per class A share

    Performance HLHA confirms dividend policy and proposes 8 cents per class A share 70% 66 66 67 65 Dividend development 54  Cash dividend of 8 cents per 52 52 50 50% dividend-entitled class A share 1.47  Strategic payout ratio of 50 to 70 % 1.43 1.34 of net profit after minorities confirmed  Divide

  11. Slide 11: High degree of EU taxonomy alignment confirms HHLA's sustainability approach

    Performance High degree of EU taxonomy alignment confirms HHLA’s sustainability approach Effective match of technological and sustainable innovation Reduction of absolute CO2e emissions Conversion of AGV fleet to electricity by 2023 (against base year 2018) at CTA Climate-neutral by 38.1 % 100 % 204

  12. Slide 12: MSC's strategic interest a sign of HHLA's strength and attractiveness

    MSC's strategic interest a sign of HHLA's strength and attractiveness Positive assessment of the transaction based on agreed commitments for long-term development of HHLA Key commitments for the long-term development of HHLA were agreed in a binding preliminary agreement (Business Combination Agreem

  13. Slide 13: Guidance 2024

    Guidance 2023 Guidance 2024 Research estimates for 2024 Constraints of guidance 2024 GDP development Throughput development World + 3.1 % World + 2.3 % The forecast is subject to a high degree of uncertainty due to the uncertain China + 4.6 % China + 1.4 % development of geopolitical tensions at the

  14. Slide 14: Q&A

    Q&A Recording will be available at https://hhla.de/en/investors/publications/reports/conference-call 21.03.2024 Analyst conference on the 2023 financial results 14 © Hamburger Hafen und Logistik AG

  15. Slide 15: 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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