HHLA's result drops 50 percent in tough first half

Hamburg's largest terminal company HHLA saw its operating result halved in the first half-year. Chairwoman expects gradual improvement throughout the second half of the year.

Photo: PR / HHLA / DIetmar Hasenpusch

The largest terminal company in the Port of Hamburg, HHLA, was severely affected by the coronavirus outbreak and the subsequent global economic slump in the first half of 2020.

For the first half-year, the operating result for the group, which also owns real estate, dropped 51.5 percent to EUR 55.5 million, while revenue dropped 9.4 percent to EUR 628.4 million.

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