Hamburger Hafen Und Logistik Ag · XETR:HHFA

Hamburger Hafen Und Logistik — FY2014 Earnings Presentation

22 slides from Hamburger Hafen Und Logistik's earnings presentation, Mar 30, 2015

  1. Slide 1: Analyst Conference on 2014 Financial Year Results

    HAMBURGER HAFEN UND LOGISTIK AG ANALYST CONFERENCE ON 2014 FINANCIAL YEAR RESULTS Hamburg, 30 March 2015 © Hamburger Hafen und Logistik AG

  2. Slide 2: Agenda

    Agenda  Business Development 2014 Klaus-Dieter Peters and Business Forecast 2015 Chairman of the Executive Board  Questions & Answers Klaus-Dieter Peters Chairman of the Executive Board Dr. Roland Lappin Chief Financial Officer Analyst Conference, 30 March 2015 © Hamburger Hafen und Logistik AG 2

  3. Slide 3: Challenging Market Environment

    Business Development 2014 Challenging Market Environment Geo political risks and infrastructure deficits Macroeconomic Development  Global economic growth on previous year’s level with a plus of only 3.3 %  With an increase of 3.1 % world trade lagged behind the prior-year  Chinas GDP of 7.4% sli

  4. Slide 4: Revenue and EBIT Significantly Improved

    Business Development 2014 Revenue and EBIT Significantly Improved Forecast outstripped and higher dividend distribution proposal Key Figures 2014  EBIT development substantially of the Port Logistics Subgroup higher than volume growth in container throughput and container Revenue € 1,171.2 million

  5. Slide 5: Optimisation by Active Process Management

    Business Development 2014 Optimisation by Active Process Management Activities, Projects and Achievements Network expansion Terminal upgrade Optimised traffic More staff and and additional for enhanced coordination for an qualification to investments in own handling improved cargo flow deal with vol

  6. Slide 6: Container Segment

    Business Development 2014 Container Segment Improved operational result due to efficient handling process Key Figures Revenue € 743.7 million + 4.2 % EBIT € 156.1 million + 14.0 % Investments € 58.4 million - 28.1 % Container throughput 7,480 TTEU - 0.3 % Projects and Achievements  Further increase

  7. Slide 7: Growth Drivers of our Vertical Strategy

    Business Development 2014 Growth Drivers of our Vertical Strategy Increasing Far East volumes, change in cargo mix, higher transport volume Integration of logistic chain as fundament of our successful business model Analyst Conference, 30 March 2015 © Hamburger Hafen und Logistik AG 7

  8. Slide 8: Intermodal Segment

    Business Development 2014 Intermodal Segment Increase of value added boosts EBIT Key Figures Revenue € 351.5 million + 11.7 % EBIT € 27.3 million + 19.7 % Investments € 52.3 million pos. Container transport 1,283 TTEU + 9.4 % Projects and Achievements  Further expansion of transport network in Cent

  9. Slide 9: Investments for Higher Value Added

    Business Development 2014 Investments for Higher Value Added 13 hinterland terminals, 40 locomotives and more than 1,450 waggons Hub and inland terminals Multi-system locomotives Light-weighted waggons in the hinterland and shunting engines with modern braking system Investments in € million  More

  10. Slide 10: Logistics Segment

    Business Development 2014 Logistics Segment Business development varied widely Key Figures Revenue € 65.4 million - 9.6 % EBIT € - 0.7 million neg. Earnings from associates (using the equity method) € 4.3 million + 60.1 % Investments € 2.5 million pos. Projects and Achievements  Strategic realignme

  11. Slide 11: Forecast 2015

    Forecast 2015 Forecast 2015 Expected market environment and development on Port Logistics level Market Environment Performance of Port Logistics  Global economy (GDP) 3.5 % Volumes  Global trade 3.8 %  Container throughput: slight increase on previous year (2014: 7.5 million TEU)  Container thro

  12. Slide 12: Forecast 2015: Expected development in main segments

    Forecast 2015 Forecast 2015 Expected development in main segments Container segment Intermodal segment  Intense competition in the North Range  Increase in throughput at the European will prevail ports with positive effect for hinterland environment  Average ship size will continue to grow transp

  13. Slide 13: Agenda

    Agenda  Business Development 2014 Klaus-Dieter Peters and Business Forecast 2015 Chairman of the Executive Board  Questions & Answers Klaus-Dieter Peters Chairman of the Executive Board Dr. Roland Lappin Chief Financial Officer Analyst Conference, 30 March 2015 © Hamburger Hafen und Logistik AG 13

  14. Slide 14: Analyst Conference on 2014 Financial Year Results

    HAMBURGER HAFEN UND LOGISTIK AG ANALYST CONFERENCE ON 2014 FINANCIAL YEAR RESULTS Hamburg, 30 March 2015 © Hamburger Hafen und Logistik AG

  15. Slide 15: Key Figures

    Appendix Key Figures Annual Financial Statement 2014 Port Logistics Subgroup HHLA Group Listed Class A share in € million 2014 2013 Change 2014 2013 Change Revenue 1,171.2 1,110.1 5.5 % 1,199.6 1,138.1 5.4 % EBIT 155.6 140.2 11.0 % 169.3 153.9 10.0 % Profit 52.3 48.3 8.2 % 58.9 54.3 8.5 % after tax

  16. Slide 16: Expenses

    Appendix Expenses Cost trend largely in line with volume development Total Operating Expenses: + 4.3 % Throughput / Transport Growth : - 0.3 % / + 9.4 % in € million 1,053.3  Mainly variable expenses 1,009.8  Rise especially in the material-intensive Intermodal segment due to greater use of own tr

  17. Slide 17: Earnings Bridge

    Appendix Earnings Bridge Net profit and EPS increased – Financial result burdened by negative F/X-effect in € million 5.3 29.7 155.6 EPS 10.8 0.75 € 36.9 31.6 52.3 At-Equity- Interest Negative Effective Minorities Earnings income and F/X-effect from tax rate of adjusted* significantly expenses sharp

  18. Slide 18: Equity Development

    Appendix Equity Development Equity impacted by F/X effect and all-time low interest base rate in € million Equity ratio in % 572.9  Retained earnings significantly up by 517.0 € 20.6 million inter alia due to an 37 % improved net profit (+ 8.2 %) 32 % + 535.5  All-time-low interest base rate drove

  19. Slide 19: Financial Position

    Appendix Financial Position Resilient financial foundation for a sustainable stable payout ratio Free Cash Flow Net Debt* Dividend per Class A share in € million as of 31.12. in € million as of 31.12.  Free cash flow up  Accounting effect on pension  Dividend policy stable since 2007 € 45.0 milli

  20. Slide 20: Investments

    Appendix Investments Ship size driven investments and enhancing of value added Container € 58.4 million Intermodal € 52.3 million  Additional handling equipment  Own hinterland terminals  Ship size driven investments  Own multi-system locomotives  New storage capacities  Container wagons (spec

  21. Slide 21: Development of Container Throughput

    Appendix Development of Container Throughput Overseas and hinterland volumes in Hamburg grow strongly Container Throughput (Seaborne) in TEU million  Slight growth in volumes at the container Hamburg terminals Odessa terminals in Hamburg +1.2%  Substantial volume decline in Odessa 7.1 7.2 786 - 28

  22. Slide 22: 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 Interim Report January-June 2015

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