Germany’s logistics provider Hamburger Hafen und Logistik AG (HHLA) has adjusted its outlook for 2025, expecting less strong volume and earnings growth.
The adjustment is due to increased global economic uncertainties, HHLA said, particularly related to US trade policy and ongoing supply chain disruptions.
In combination with extensive modernisation measures to automate the Hamburg port facilities, a less strong volume and earnings growth is expected for the 2025 financial year.
Against the backdrop of this development, the Port Logistics subgroup anticipates a significant increase in container throughput compared with the previous year (previously: strong increase). Container transport is still expected to see a strong increase compared with the previous year.
Revenues are still expected to increase strongly compared with the previous year. The expectation for operating result (EBIT) has been adjusted for the reasons mentioned above and is now in the range of €145m to €160m (previously: €180m to €200m).
For the Real Estate subgroup, a slight increase in revenue compared with the previous year and a strong decline in operating result (EBIT) are still expected.
At Group level, a strong increase in revenue is still expected. The expectation for the operating result (EBIT) has been adjusted as a result of the changed assumptions and now ranges from €160m to €175m (previously: €195m to €215m).
HHLA will release its full financial results for January to September 2025 on November 13, 2025.
