HHLA sees heavy impact of economic downturn in 2020

Hamburg - Billwerder, Terminal, Container, Zugverkehr, Portalkran

Operator of the port of Hamburg, Hamburger Hafen und Logistik, has suffered a strong decline in revenue and earnings in the first half of this year. The dramatic global decline in the level of economic activity and the resulting economic downturn due to the coronavirus pandemic have had a noticeable impact on the performance of the company. Group revenue declined by 9.4 per cent and the operating result (EBIT) dropped by 51.5 per cent.

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Author: Majorie van Leijen

Majorie van Leijen is the editor-in-chief of RailFreight.com, the online magazine for rail freight professionals.

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HHLA sees heavy impact of economic downturn in 2020 | RailFreight.com

HHLA sees heavy impact of economic downturn in 2020

Hamburg - Billwerder, Terminal, Container, Zugverkehr, Portalkran

Operator of the port of Hamburg, Hamburger Hafen und Logistik, has suffered a strong decline in revenue and earnings in the first half of this year. The dramatic global decline in the level of economic activity and the resulting economic downturn due to the coronavirus pandemic have had a noticeable impact on the performance of the company. Group revenue declined by 9.4 per cent and the operating result (EBIT) dropped by 51.5 per cent.

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Author: Majorie van Leijen

Majorie van Leijen is the editor-in-chief of RailFreight.com, the online magazine for rail freight professionals.

Add your comment

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