Hamburger Hafen Und Logistik Ag · XETR:HHFA

Hamburger Hafen Und Logistik — FY2018 Earnings Presentation

14 slides from Hamburger Hafen Und Logistik's earnings presentation, Mar 27, 2019

  1. Slide 1: Analyst conference on the 2018 financial year results

    Analyst conference on the 2018 financial year results Hamburg, 27 March 2019 © Hamburger Hafen und Logistik AG

  2. Slide 2: Agenda

    Agenda 01 Business development 2018 Disclaimer Angela Titzrath, CEO 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 director

  3. Slide 3: Summary of major achievements in 2018

    Summary of major achievements in 2018 Performance confirms strategy HHLA with moderate revenue increase and a strong operating result fully in line with its guidance for 2018 in a weakening business environment Strategically important acquisition of biggest terminal operator in Estonia, Transiidikes

  4. Slide 4: Business environment 2018

    Business environment 2018 World economy on a sound level but with slight loss of momentum GDP World + 3.7 % Macroeconomic environment 2018  Global economic growth slightly weaker in 2018 than in the previous year GDP China + 6.6 %  China slightly exceeded its growth target of 6.5 %, growing at its

  5. Slide 5: Financial highlights 2018 of Port Logistics subgroup

    Financial highlights 2018 of Port Logistics subgroup Revenue EBIT EBIT margin € 1,258.5 million € 188.4 million 15.0 % + 3.1 % + 20.3 % + 2.2 pp Profit after tax ROCE Operating cash flow and minorities 15.5 % € 214.8 million € 102.9 million + 1.9 pp - 17.0 % + 44.5 % 27.03.2019 Analyst conference on

  6. Slide 6: Throughput and transport development 2018

    Throughput and transport development 2018 Strong previous year’s level reached again Container throughput in thousand TEU Container transport in thousand TEU + 1.9 % + 0.0 % 7.196 7.336 5.507 1.480 1.480 1.098 3.631 713 1.824 350 2017 3M18 6M18 9M18 2018 2017 3M18 6M18 9M18 2018  Hamburg terminals

  7. Slide 7: Container segment

    Container segment EBIT improved strongly as prior year’s expenses did not repeat Revenue ■ 2017 ■ 2018 OpEx ■ 2017 ■ 2018  Revenue virtually in line with volume rise + 1.7 % - 1.5 %  Average revenue per TEU almost 746,6 758,9 637,2 unchanged, impacted by 627,3 − normalised storage fees, − competit

  8. Slide 8: Intermodal segment

    Intermodal segment Superior EBIT-level, margin progressed Revenue ■ 2017 ■ 2018 OpEx ■ 2017 ■ 2018  Revenue growth clearly exceeded + 4.8 % transport volume development + 0.2 % 414,0 433,8  Strong EBIT increase due to: 344,1 344,7 − better average revenue, − changes in the mix of transport relatio

  9. Slide 9: Logistics segment

    Logistics segment Positive development after year of transition Revenue ■ 2017 ■ 2018 OpEx ■ 2017 ■ 2018  Strong increase in revenue especially in + 17.7 % Q4, mainly from temporary additional + 120.0 % 59,8 business in vehicle logistics 5,6 50,8  EBIT rose even more strongly, impacted by: 2,6 − R

  10. Slide 10: Earnings bridge of the Port Logistics subgroup

    Earnings bridge o the Port Logistics subgroup Net profit increased substantially due mainly to improved operating result and lower minorities in € million / change vs. 2017 Dividend proposal 23,3 € 0.80 per Class A share 188,4 -5,3 17,3 6,0 EPS 41,3 € 1.47 26,2 Adjusted interest expenses due to a pr

  11. Slide 11: Financial stability

    Financial stability Focus on profitability and shareholder participation Equity development / Equity ratio Ø Capital employed / ROCE Profit after tax and minorities / EPS in € million in € million in € million / in € 542,5 555,8 564,5 517,0 528,7 102,9 1.146,5 1.134,0 1.149,4 1.154,3 1.216,1 71,2 58

  12. Slide 12: Outlook 2019

    Outlook 2019 Macroeconomic environment GDP World + 3.5 % Macroeconomic outlook 2019  Global economic output should be slightly below previous year again GDP China + 6.2 %  Despite subdued GDP growth, world trade prospects at a sound level GDP Russia + 1.6 %  IMF expects a sustained weakening of C

  13. Slide 13: Outlook 2019

    Outlook 2019 Port Logistics subgroup 2018 Guidance 2019 Container throughput 7,336 thousand TEU Slight increase on previous year Container transport 1,480 thousand TEU Slight increase on previous year Revenues € 1,258.5 million Slight increase on previous year EBIT € 188.4 million Significant increa

  14. Slide 14: Financial calendar / IR contact

    Financial calendar / IR contact Financial calendar 2019 IR contact Phone: +49 40 3088 3397 27 March 2019 Annual Report 2018 Fax: +49 40 3088 55 3397 Analyst conference call E-mail: investor-relations@hhla.de 9 May 2019 Web: www.hhla.de Interim Statement January – March 2019 Analyst conference call 1

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