Throughput growth drives strong half year for HHLA

Hamburger Hafen und Logistik AG (HHLA) recorded strong growth across the board in its half year results, largely prompted by a 12% increase in container throughput.

The group, which operates three terminals in Hamburg, posted revenue growth of 9% to €622.8m (US$729.5), while the Port Logistics subgroup’s operating result (EBIT) grew by just over 54% to  €90.6m ($106.046).

This makes up the lion’s share of the company’s total EBIT, which rose by 48% to €98.8m (US$115.6m).