HHLA shares solid 2024 financial results

Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the agenda were approved, including the proposed dividend of €0.10 per listed class A share.

Despite global uncertainties, from economic weakness in Germany to geopolitical instability in Ukraine and the Middle East, HHLA reported a strong performance in 2024. The company’s revenue rose by 10.5% to €1.6 billion, while its operating result (EBIT) saw a 22.7% increase, reaching €134.3 million.

The meeting also confirmed dividend payments totaling €15.7 million for the 2024 financial year. This includes €0.10 per class A share for the listed Port Logistics subgroup (amounting to €7.3 million), and €1.50 per class S share for the unlisted Real Estate subgroup, held entirely by the Free and Hanseatic City of Hamburg.

“In 2024, HHLA demonstrated its resilience in a challenging market environment while consistently advancing the implementation of its strategic goals. We made significant progress with the targeted expansion of our European network, along with technological advancements and increased automation at our container terminals in Hamburg”, said Angela Titzrath, HHLA’s Chief Executive Officer.

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