Hamburger Hafen und Logistik AG (HHLA) has revised its forecast for the current financial year due to weaker-than-expected business performance and growing global economic uncertainties, particularly those linked to US trade policy.
The company cited ongoing disruptions to supply chains and extensive modernization measures aimed at automating Hamburg’s port facilities as the main reasons behind its updated outlook.
HHLA now expects less strong growth in both volume and earnings for the 2025 financial year. Within the Port Logistics subgroup, container throughput is anticipated to increase significantly compared with the previous year, though earlier forecasts had predicted a strong rise.
Container transport is still expected to record strong growth. Revenue for the group remains projected to increase strongly year over year. However, the company has reduced its expectation for operating results (EBIT).
HHLA now forecasts EBIT between €145 million and €160 million, down from the previous range of €180 million to €200 million.
For the Real Estate subgroup, HHLA maintains its outlook of a slight revenue increase and a strong decline in EBIT compared with the previous year. At the Group level, the revised EBIT forecast now stands at €160 million to €175 million, compared with the previous range of €195 million to €215 million.
HHLA plans to publish its full financial results for the January–September 2025 period on Thursday, 13 November 2025, at 7:30 a.m.
Hamburger Hafen und Logistik AG (HHLA) is a publicly listed German logistics and transport company headquartered in Hamburg. It operates container terminals in the Port of Hamburg and other European locations and provides transport and logistics services through its subsidiaries.
