Group revenue grew by 9.6% to €657m (US$860m), while at the same time its investment volume, principally related to developing the terminal-related superstructure for its Wilhelmshaven container terminal, was significantly higher at €79m (US$103m) compared to €24m (US$31.5m) in the previous year.
With a current market share of 54%, Eurogate continues to be the largest container terminal operator at Germany’s seaports; its market share of the total handling volume at the North Range ports is over 20%.
Describing the results as “excellent given the market situation” and exceeding all expectation, Thomas Eckelmann, Eurogate’s Chairman, remains cautious about the future.
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