EQS-Adhoc

Hamburger Hafen und Logistik AG: Overall economic weakness impacts HHLA’s 2023 financial year - Seite 2

The Real Estate subgroup recorded a 5.3 percent increase in revenue in the 2023 financial year, bringing it to € 46 million (previous year: € 44 million). The operating result (EBIT) fell year-on-year by 12.5 percent to € 16 million (previous year: € 18 million), mainly due to increased amortization and depreciation as well as higher maintenance expenses. Profit after tax and minority interests amounted € 11 million (previous year: € 11 million).

At the Annual General Meeting on 13 June 2024, the Executive Board and Supervisory Board will propose a dividend of € 0.08 per dividend-entitled class A share. HHLA therefore continues to pursue its dividend policy of distributing between 50 and 70 percent, where possible, of the Port Logistics subgroup’s relevant net profit for the year to its shareholders.

The Annual Report with audited figures for the 2023 financial year will be published at 7.30 a.m. on Thursday, 21 March 2024.

EBIT is defined as earnings before interest and taxes. For more detailed information, please click here.

Contact:
Julia Hartmann
Head of Investor Relations

HAMBURGER HAFEN UND LOGISTIK AG
Bei St. Annen 1, D-20457 Hamburg, www.hhla.de

Tel: [phone]
Fax: [phone]
E-mail: [e-mail]

End of Inside Information

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19-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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Language:	English
Company:	Hamburger Hafen und Logistik AG
	Bei St. Annen 1
	20457 Hamburg
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.hhla.de
ISIN:	DE000A0S8488
WKN:	A0S848
Listed:	Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1840415