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Hamburg's HHLA profit up 84.7pc to US$258 million, sales up 12pc

Author:   Posttime:2022-02-22

HAMBURG's dominant terminal operator, Hamburger Hafen und Logistik (HHLA) posted a 84.7 per cent increase in 2021 operating profit to EUR228 million (US$258 million), drawn revenues of EUR1.46 billion, up 12 per cent.

Compared with the previous year, container throughput increased by 2.5 per cent to 6,943,000. Transport volumes increased 10 per cent to 1,690,000 TEU.
"HHLA closed its second year in a row under the challenging conditions of the coronavirus pandemic with a positive operating result," said HHLA chairwoman Angela Titzrath.
"Once again, HHLA proved to be a stable and efficient hub along the global supply chains that can always ensure the reliable supply of companies and consumers in Germany and Europe.
"In a market environment in a constant state of flux, we remain determined to implement the strategy geared towards growth and sustainability," she said.

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