Hamburger Hafen Und Logistik Ag · XETR:HHFA

Hamburger Hafen Und Logistik — Investor Day (November 2019)

58 slides from Hamburger Hafen Und Logistik's investor day presentation, Nov 19, 2019

  1. Slide 1: Welcome to HHLA's Capital Markets Day

    Welcome to HHLA‘s Capital Markets Day Transport streams join data streams 19 November 2019 © Hamburger Hafen und Logistik AG

  2. Slide 2: Today's schedule

    Today‘s schedule 2 11:45 am 4 1:30 pm Investment programme & finance Visit of trade fair Dr. Roland Lappin, CFO, All Now Jens Hansen, COO 2 2 2 2 2 2 1 11:00 am 3 12:30 pm 5 3:30 pm Welcome and strategic overview Lunch break Q&A, Wrap-up and Angela Titzrath, CEO All good-bye Angela Titzrath, CEO Dr.

  3. Slide 3: Strategic update

    Strategic update Angela Titzrath, CEO © Hamburger Hafen und Logistik AG

  4. Slide 4: HHLA is the gateway to the future

    HHLA is the gateway to the future With our customers, we develop logistical and digital hubs along the transport flows of the future 19/11/19 HHLA`s Capital Markets Day 4 © Hamburger Hafen und Logistik AG

  5. Slide 5: HHLA is navigating troubled waters

    HHLA is navigating troubled waters The face of globalisation is changing... Container growth has largely come to an end... Our customers are continuing to reposition themselves... Volatile political backdrop... Infrastructural development opportunities at the port are still not being seized fully...

  6. Slide 6: Protectionism ascending – global growth descending

    Protectionism ascending – global growth descending 19/11/19 HHLA`s Capital Markets Day 6 © Hamburger Hafen und Logistik AG

  7. Slide 7: To put that into perspective…

    To put that into perspective… >85% of HHLA‘s throughput with Perceived protectionism is higher countries that stick to free trade than effective measures Sea-bound container throughput in Hamburg 9M19 Number of protectionist measures adopted by year and distribution by sector by region 1400 1320 80

  8. Slide 8: Growth of global container throughput and GDP

    Growth of global container throughput and GDP Growth multiplier on GDP slowed down substantially since 2012 Upswing Dip Recovery New Normal Expectations Ø multiple 2.6x 7.3x 2.4x 1.2x ~ 1.5x 20% 15% 10% 5% 0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2

  9. Slide 9: Development of alliances

    Development of alliances Concentration in the shipping industry substantially increased Share FE – Europe 39% 35% 24% Source: HHLA / AXS Alphaliner Monthly Monitor, March 2019 19/11/19 HHLA`s Capital Markets Day 9 © Hamburger Hafen und Logistik AG

  10. Slide 10: €300 million EBIT in 2025

    € 300* million EBIT in 2025 19/11/19 HHLA`s Capital Markets Day 10 © Hamburger Hafen und Logistik AG

  11. Slide 11: Customer retention is decisive factor

    Customer retention is decisive factor Never mind the expense? 19/11/19 HHLA`s Capital Markets Day 11 © Hamburger Hafen und Logistik AG

  12. Slide 12: On the way to tomorrow's world

    On the way to tomorrow’s world We have identified four initiatives to help us achieve this objective: Fit for the world Open up new growth Organisational structure Capital expenditure of tomorrow potential and culture and finance We are making the existing core We are tapping into profitable We are

  13. Slide 13: On the way to tomorrow's world

    On the way to tomorrow’s world We have identified four initiatives to help us achieve this objective: Fit for the world Open up new growth Organisational structure Capital expenditure of tomorrow potential and culture and finance We are making the existing core We are tapping into profitable We are

  14. Slide 14: Dominant mega trends with direct relevance for HHLA

    Dominant mega trends with direct relevance for HHLA Traffic Production Humans Sustainability Infrastructure Digitalisation 19/11/19 HHLA`s Capital Markets Day 14 © Hamburger Hafen und Logistik AG

  15. Slide 15: Development of digital strategy

    Development of digital strategy: Three fundamental questions serve HHLA to develop its Digital Strategy. Increased demand for a more transparent and simplified supply chain  Changes in Customer Behavior Consolidation of shipping lines and vertical integration in the value chain  Changing Market En

  16. Slide 16: Why now?

    Why now? The digital strategy helps secure a competitive position within an evolving market. Changes in customer demand Disruptive technologies Speed Max Mbit/ s Up to 10.000 Mbit / s Sensoric Digital 1,000 Transparency forwarder Cloud Speed IoT 3D print 300 Customer 42 Ease of Drones 0.0536 0.256 0

  17. Slide 17: Digital pillars of strategy implementation

    Digital pillars of strategy implementation: Three themes set the foundation of HHLA’s digital strategy. Goal Levers  Intelligent infrastructure  Optimization of operation  Intelligent cargo hub  Customer “stickiness” 1. Products  Intelligent business models  New Business Models  Intelligent a

  18. Slide 18: Digital project development: Digitization

    Digital project development: Digitization is key to unlocking additional corporate potential. Digitization Smart infrastructure Smart cargo hub Smart business models Smart administration Further refinement and Tied-up cargo: Development of promising new  Improving communication- and sophistication

  19. Slide 19: The HHLA AI program serves three key business objectives

    The HHLA AI program serves three key business objectives AI input Goals Examples 1  Faster response times to customer inquiries and New revenue streams and improved service interactions Images increased customer  Innovative individualized offers loyalty  New add-on services Speech 2 Sensor  Redu

  20. Slide 20: Possible AI application areas across terminal operations

    Possible AI application areas can be found across various terminal operations Potential areas for AI application Hinterland Trucking Gate Customer service AI- based dynamic truck Maintenance slotting Faster response time AI interprets visual and through chatbots heat data from all sorts of Hinterlan

  21. Slide 21: Projects and new business fields derived from mega trends

    Projects and new business fields derived from mega trends  Artificial Intelligence  Blockchain  Hyperloop  HVCC  N4  MAN  HHLA Sky  TACCO and M&R  Spherie Digitalisation Traffic Infrastructure Production Sustainability  Belt and Road initiative  Bionic  Extended targets  Multisystem loc

  22. Slide 22: HHLA wants to grow sustainably while preserving the environment

    HHLA wants to grow sustainably while preserving the environment. 19/11/19 HHLA`s Capital Markets Day 22 © Hamburger Hafen und Logistik AG

  23. Slide 23: Climate protection target

    Climate protection target Climate neutrality target, ambitious intermediate target; electrified technical solutions will pave the way to reach the targets Until 2040 HHLA will be a climate neutral company Intermediate target: HHLA will reduce its CO2 emissions by at least 50% by 2030. (base 2018) HH

  24. Slide 24: New targets for HHLA's sustainability action fields

    New targets for HHLA‘s sustainability action fields Evolution of existing sustainability strategy action fields guidelines target Ecology Climate friendly logistics chain Active development of sustainable, climate and  Increase number of transported rail containers environmentally friendly logistic

  25. Slide 25: New targets for HHLA's sustainability action fields

    New targets for HHLA‘s sustainability action fields Evolution of existing sustainability strategy action fields guidelines target Society Responsibility in the community Intensification of the dialogue with society as well as  Stable or increasing number of participants in information and discussio

  26. Slide 26: All initiatives contribute to HHLA's goals

    All initiatives contribute to HHLA’s goals Growing sustainably while preserving the environment Efficiency and profitability Preserving the environment  Autonomous driving MAN  AGV conversion  Bionic  Artificial Intelligence  HHLA Sky  HHLA Pure  N4  HVCC  Spherie  Hyperloop  TACCO and M&

  27. Slide 27: On the way to tomorrow's world

    On the way to tomorrow’s world We have identified four initiatives to help us achieve this objective: Fit for the world Open up new growth Organisational structure Capital expenditure of tomorrow potential and culture and finance We are making the existing core We are tapping into profitable We are

  28. Slide 28: Fit for the world of tomorrow

    Fit for the world of tomorrow Jens Hansen, COO © Hamburger Hafen und Logistik AG

  29. Slide 29: Five new gantry cranes for CTB

    Five new gantry cranes for CTB Technical dimensions… …for serving customers’ needs  Height: 89 metres  Length of jib: 80 metres  Span: 26 container rows  Lifting force: 110 tons  Weight: 2,480 tonnes  Capacity: two 40ft containers or four 20ft containers Additional berth for 400m vessels 19/11

  30. Slide 30: Expansion CTT

    Expansion CTT Current status and timing  HPA is in preliminary planning phase  Exploratory works have to be validated  Tendering of different crafts  HHLA will then decide on execution  Construction work to be finished in 2025  As a result berths 4 and 5 will be prepared to service one 400m ve

  31. Slide 31: Conversion of AGVs at CTA

    Conversion of AGVs at CTA Bild/Film AGV Technical dimensions  Length: 15 metres  Width: 3 metres  Empty weight: 23 tons  Capacity: 2 TEU  Cargo load: 70 tons  Max speed: 6 m/s  The whole fleet of ~100 AGVs will be equipped with lithium-ion batteries. 19/11/19 HHLA`s Capital Markets Day 31 © H

  32. Slide 32: Ten Vectron MS locomotives from Siemens Mobility

    Ten Vectron MS locomotives from Siemens Mobility Technical information  Maximum output of 6.4 megawatts  Top speed of 160 km/h  Equipped with the required national train control systems as well as the European Train Control System (ETCS).  The locomotives are certified to operate in Austria, the

  33. Slide 33: Elbe waterway adjustment

    Elbe waterway adjustment Administrative steps by the public authorities in charge “The Elbe dredging is the best-tested and best- Initiation and Main hearings ECJ judgement Decision on Plan amendment Start of dredging planned infrastructure project and was approved by final plan on legal on the EU W

  34. Slide 34: Investments and finance

    Investments and finance Dr. Roland Lappin, CFO © Hamburger Hafen und Logistik AG

  35. Slide 35: Financial highlights of Port Logistics subgroup, first nine months 2019

    Financial highlights of Port Logistics subgroup in the first nine months of 2019 Revenue EBIT EBIT margin € 1,020.2 million € 162.7 million 15.9 % + 8.6 % + 13.3 % + 0.6 pp Profit after tax ROCE Operating cash flow and minorities 11.8 % € 254.0 million € 76.6 million - 4.2 pp + 54.2 % ± 0.0 % 19/11/

  36. Slide 36: Forecast for 2019

    Forecast for 2019 Updated forecast for Port Logistics subgroup 2018 Guidance 2019 Moderate increase on previous year Container throughput updated  7,336 thousand TEU (previously: Slight increase on previous year) Significant increase on previous year Container transport updated  1,480 thousand TEU

  37. Slide 37: Maintenance and expansion capex funded from operating cash flow

    Maintenance and expansion capex funded from operating cash flow Self-funded investments in € million 259 218 219 215 187 193 146 124 102 70  Operating cash flow  Investing cash flow (without proceeds for short-term deposits) 2014 2015 2016 2017 2018 19/11/19 HHLA`s Capital Markets Day 37 © Hamburg

  38. Slide 38: HHLA and HTT form new joint venture

    HHLA and HTT form new joint venture HHLA continues a tradition leading the way in port innovations  HHLA and Hyperloop Transportation Technologies (HyperloopTT/HTT) establish a joint venture.  The company will focus on integrating the latest container movement innovations with Hyperloop technology

  39. Slide 39: HHLA TK Estonia: Biggest terminal operator in Estonia

    HHLA TK Estonia: Biggest terminal operator in Estonia Port Logistics subgroup is stepping up its international presence  HHLA acquired 100 % of the shares of the Estonian port operator Transiidikeskuse AS (TK) in Muuga (Tallinn) in 2018  TK is clear market leader in container handling in the Balti

  40. Slide 40: Continuity in dividend policy

    Responsible handling of finances leads to continuity in dividend policy Dividend development 0.80 0.67 0.59 0.59 69% 0.52 69% 70% 65% 66% 54%  Payout ratio 3% 4% 3% 3% 5%  Dividend yield per 31.12. 2014 2015 2016 2017 2018 19/11/19 HHLA`s Capital Markets Day 40 © Hamburger Hafen und Logistik AG

  41. Slide 41: Today's schedule

    Today‘s schedule 11:45 am 2 4 1:30 pm Investment programme & finance Visit of trade fair Dr. Roland Lappin, CFO, All Jens Hansen, COO 2 2 2 2 2 2 1 11:00 am 3 12:30 pm 5 3:30 pm Welcome and strategic overview Lunch break Wrap-up and good-bye Angela Titzrath, CEO All Angela Titzrath, CEO Jan Boverman

  42. Slide 42: Preview of the exhibition

    Preview of the exhibition Angela Titzrath, CEO © Hamburger Hafen und Logistik AG

  43. Slide 43: New business fields: Bionic Production

    New business fields Bionic Production Combining 3D printing and bionic design 19/11/19 HHLA`s Capital Markets Day 43 © Hamburger Hafen und Logistik AG

  44. Slide 44: New business fields: HHLA Sky

    New business fields HHLA Sky Reasonable use of drones for improving safety, inspection and transport 19/11/19 HHLA`s Capital Markets Day 44 © Hamburger Hafen und Logistik AG

  45. Slide 45: New business fields: Hyperloop

    New business fields Hyperloop Bringing the square thing into the round thing 19/11/19 HHLA`s Capital Markets Day 45 © Hamburger Hafen und Logistik AG

  46. Slide 46: New business fields: Spherie

    New business fields Spherie Digital twins for autonomous drone flights 19/11/19 HHLA`s Capital Markets Day 46 © Hamburger Hafen und Logistik AG

  47. Slide 47: New business fields: TACCO and M&R

    New business fields TACCO and M&R HHLA’s first hackathon and an answer to a main customers‘ pain point 19/11/19 HHLA`s Capital Markets Day 47 © Hamburger Hafen und Logistik AG

  48. Slide 48: Customer retention: HVCC

    Customer retention HVCC Digital solutions for ports, shipping lines and the environment 19/11/19 HHLA`s Capital Markets Day 48 © Hamburger Hafen und Logistik AG

  49. Slide 49: Customer retention: Blockchain HHLA TK & IBM

    Customer retention Blockchain HHLA TK & IBM Bringing trust into the logistics chain 19/11/19 HHLA`s Capital Markets Day 49 © Hamburger Hafen und Logistik AG

  50. Slide 50: Automation of operating processes: Artificial intelligence

    Automation of operating processes Artificial intelligence Optimizing the storage block Targets first, moving forward from there Higher customer retention Higher productivity and throughput Higher quality and safety 19/11/19 HHLA`s Capital Markets Day 50 © Hamburger Hafen und Logistik AG

  51. Slide 51: Automation of operating processes: Autonomous driving MAN

    Automation of operating processes Autonomous driving MAN Giving truck drivers the well- deserved coffee break 19/11/19 HHLA`s Capital Markets Day 51 © Hamburger Hafen und Logistik AG

  52. Slide 52: Automation of operating processes: Terminal software N4

    Automation of operating processes Terminal software N4 CTT Terminal N4 Go Live Easter Weekend 2019 CTT CTB CTA Integrated Terminal Terminal Logistics Control ITS Control TLS Navis Sparcs Navis XPS NavisSparcs Navis XPS NavisSparcs Navis XPS Legacy Legacy Legacy System CBST NavisCLOU System N4 System

  53. Slide 53: Sustainability and environmental protection: HHLA Pure

    Sustainability and environmental protection HHLA Pure Sustainable from the quay wall to the final destination 19/11/19 HHLA`s Capital Markets Day 53 © Hamburger Hafen und Logistik AG

  54. Slide 54: Sustainability and environmental protection: AGV conversion

    Sustainability and environmental protection Conversion of AGVs at CTA Thinking beyond the terminal 19/11/19 HHLA`s Capital Markets Day 54 © Hamburger Hafen und Logistik AG

  55. Slide 55: Customer centricity becomes even more important

    Customer centricity becomes even more important Targets: Improve service offerings, become more efficient, expand business, sustain the environment New business fields Customer retention  Bionic  Blockchain  HHLA Sky  HVCC  Hyperloop  Spherie  TACCO & M&R Automation of operational processes S

  56. Slide 56: Lunch break

    Lunch break © Hamburger Hafen und Logistik AG

  57. Slide 57: Enjoy your visit to our trade fair

    Enjoy your visit to our trade fair © Hamburger Hafen und Logistik AG

  58. Slide 58: Q&A, wrap-up and closing remarks

    Q&A, wrap-up and closing remarks Angela Titzrath, CEO Dr. Roland Lappin, CFO Jens Hansen, COO © Hamburger Hafen und Logistik AG

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