Hamburger Hafen Und Logistik Ag · XETR:HHFA
Hamburger Hafen Und Logistik — Q1 2024 Earnings Presentation
10 slides from Hamburger Hafen Und Logistik's earnings presentation, May 15, 2024
Slide 1: Analyst conference call on the interim results January to March 2024
Analyst conference call on the interim results January to March 2024 Hamburg, 15 May 2024 © Hamburger Hafen und Logistik AG
Slide 2: Content and Disclaimer
Content 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,
Slide 3: At a glance: Economic weakness and supply chain disruptions affect start to the year
At a glance Economic weakness and supply chain disruptions affect HHLA's start to the year Guidance for 2024 confirmed Port Logistics subgroup Market environment 1 – 3 │ 2024 Continuing war in Ukraine, escalating violence in the Middle East and geopolitical tensions, coupled with comparatively hig
Slide 4: EBIT trend supported by rise in volumes and temporary higher storage fees
Performance EBIT trend supported by rise in volumes and temporary higher storage fees Supply chain disruptions lead to temporary increase in container dwell times at Hamburg terminals Container Container throughput Revenue Overall container throughput recovery driven by in thousand TEU in € millio
Slide 5: Operational performance mainly burdened by lower transport volumes
Performance Operational performance mainly burdened by lower transport volumes Hinterland transport also affected by ship delays and cancellations due to military conflict in the Red Sea Intermodal Container transport Revenue Transport volumes declined by 5.5 % in thousand TEU in € million -3.5% −
Slide 6: Top and bottom declined despite strong growth in leasing activities
Performance Top and bottom declined despite strong growth in leasing activities Handling of bulk goods pushed at equity earnings Logistics Revenue EBIT Significant decrease in revenue from in € million in € million neg. consolidated companies mainly due to -8.8% 0.4 decline in vehicle logistics 21
Slide 7: Capex according to plan led to negative free cash flow in 1-3 / 2024
Performance Capex according to plan led to negative free cash flow in 1-3 / 2024 Focus on expanding own transport capacities for Intermodal business and efficiency at HH container terminals in € million Free cash: ‒ 50.8 55.6 D&A 31.0 41.9 174.6 0.0 EBIT 75.5 13.7 0.2 0.0 0.0 0.0 11.3 98.5 0.0 0.0 1
Slide 8: Guidance 2024 confirmed
Guidance 2024 Guidance 2024 confirmed Research estimates for 2024 Constraints of guidance 2024 GDP development Throughput development World + 3.2 % World + 2.5 % The forecast is subject to a high degree of uncertainty due to the uncertain China + 4.6 % China + 0.8 % development of geopolitical tensi
Slide 9: Q&A
Q&A Recording will be available at https://hhla.de/en/investors/publications/reports/conference-call 15.05.2024 Analyst conference on the interim results January to March 2024 9 © Hamburger Hafen und Logistik AG
Slide 10: 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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