Brief: HHLA FY Group Revenue Down 8.3 Percent At EUR 1.45 Bln

Hamburger Hafen und Logistik AG

19/02/2024 17:32

Feb 19 (Reuters) - HAMBURGER HAFEN UND LOGISTIK AG
 HHFGn.DE :
    * RECORDED A DROP IN ITS GROUP REVENUE OF 8.3 PERCENT TO EUR
1,447
MILLION IN 2023 FINANCIAL YEAR (PREVIOUS YEAR: EUR 1,578
MILLION)
    * FY GROUP OPERATING RESULT (EBIT) CAME TO EUR 109 MILLION,
THUS
FALLING BELOW EXPECTED RANGE OF EUR 115 MILLION TO EUR 135
MILLION (PREVIOUS YEAR: EUR 220 MILLION)
    * HAMBURG CONTAINER TERMINALS REPORTED A YEAR-ON-YEAR
DECREASE OF
6.3 PERCENT
    * FY GROUP PROFIT AFTER TAX AND MINORITY INTERESTS AMOUNTED
EUR 20
MILLION (PREVIOUS YEAR: EUR 93 MILLION)
    * AT ANNUAL GENERAL MEETING ON 13 JUNE 2024, EXECUTIVE BOARD
AND
SUPERVISORY BOARD WILL PROPOSE A DIVIDEND OF EUR 0.08 PER
DIVIDEND-ENTITLED CLASS A SHARE
    * HHLA THEREFORE CONTINUES TO PURSUE ITS DIVIDEND POLICY OF
DISTRIBUTING BETWEEN 50 AND 70 PERCENT,
    * TRANSPORT VOLUMES FELL BY 5.4 PERCENT TO 1,602 THOUSAND
TEU
(PREVIOUS YEAR: 1,694 THOUSAND TEU)

Source text for Eikon:  ID:nEQ9WFYM1a 
Further company coverage:  HHFGn.DE 

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