German terminal operator expects steady progress in 2021

Hamburg's leading terminal company, HHLA, saw significant growth in container traffic, in particular, and expects moderate financial growth for the full year.

HHLA is Hamburg's largest port company. | Photo: PR / HHLA / DIetmar Hasenpusch

Hamburger Hafen und Logistik (HHLA), Hamburg's leading terminal company, came out of the first quarter of the year with a 3.9 percent increase in revenue as well as a 26.4 percent increase in operating profit compared to the same period in 2020.

In absolute numbers, the quarter's revenue and operating profit came to EUR 349 million and EUR 46 million, respectively. The total result increased to EUR 21.3 million from EUR 10.1 million in the same period last year.

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