Hamburger Hafen und Logistik AG (HHLA) management has revised its annual forecast for fiscal year 2025, citing increased global economic uncertainty, particularly due to US trade policy. The company notes that the external environment has proven less resilient than expected, while ongoing supply chain disruptions and the extensive modernization of Hamburg’s port facilities have impacted profit volumes and growth rates.
According to the updated estimates, the Port Logistics division expects a significant, but less significant, increase in container throughput than previously forecast. Container shipping will maintain high growth rates, and revenue is expected to significantly exceed last year’s figures. Meanwhile, the operating profit (EBIT) forecast has been adjusted to €145-€160 million, compared to the previously expected €180-€200 million.
The Real Estate division is forecasting a slight increase in revenue and a significant decline in operating profit. At the Group level, HHLA continues to expect significant revenue growth, but the operating result has been revised to a range of €160–€175 million, compared to the previous forecast of €195–€215 million.
