HHLA sees heavy impact of economic downturn in 2020
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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