HHLA Sees Revenue Growth Amid Challenges, Plans No Dividend

Hamburger Hafen und Logistik AG (HHLA) reported a 9.9% increase in Group revenue to €1,756 million for 2025, according to preliminary figures. Despite a challenging market, the Group's operating result (EBIT) rose by 19.5% to €161 million. However, tax-related one-off effects significantly impacted net profit, reducing it to €10 million, a sharp decline from €33 million the previous year.

The Port Logistics subgroup's revenue climbed 10.1% to €1,719 million. Despite global economic uncertainties, operating results improved. Yet, tax issues led to a drop in profits to €1 million. As a result, HHLA has resolved not to distribute dividends for class A shares for 2025.

The Real Estate subgroup saw stable revenue but a decline in EBIT by 4.4%, mainly due to high non-operating service expenses. Overall, HHLA managed to maintain growth in an unstable environment, reflecting a need for process optimization.