Sharp volume increases combined with almost unchanged ASPs have resulted in a H1 revenue increase of 8.5% to €623m and sharp profit increases. EBITDA, EBIT, and net earnings increased by 26%, 48%, and 126% to €159m, €99m, and €548m, respectively. We had expected HHLA to deliver revenue of €608m and respective profit numbers of €151m, €91m, and €40m.
14 Aug 2017
H1 numbers better than expected
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H1 numbers better than expected
Hamburger Hafen und Logistik AG (HHFA:WBO) | 0 0 8.5% | Mkt Cap: 1,486m
- Published:
14 Aug 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Sharp volume increases combined with almost unchanged ASPs have resulted in a H1 revenue increase of 8.5% to €623m and sharp profit increases. EBITDA, EBIT, and net earnings increased by 26%, 48%, and 126% to €159m, €99m, and €548m, respectively. We had expected HHLA to deliver revenue of €608m and respective profit numbers of €151m, €91m, and €40m.