German terminal operator saw its result plunge by EUR 100 million last year

The coronavirus pandemic made a big dent in the result at the largest terminal operator in the Port of Hamburg in 2020, which launched a cost-cutting program towards the end of the year.

Photo: PR / HHLA / DIetmar Hasenpusch

Major German terminal operator HHLA recorded a significantly smaller profit in 2020 than the year prior.

The result booked by HHLA, the largest terminal operator in the Port of Hamburg, thus dropped to EUR 123 million from EUR 221 million in 2019.

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