Hamburger Hafen und Logistik AG (WBO:HHFA)
€ 18.04 0.16 (0.89%) Market Cap: 1.36 Bil Enterprise Value: 2.09 Bil PE Ratio: 42.95 PB Ratio: 1.84 GF Score: 72/100
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Q2 2019 Hamburger Hafen und Logistik AG Earnings Call Transcript

Aug 14, 2019 / 01:00PM GMT
Release Date Price: €22.1 (+1.75%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome to HHLA's analyst conference call on the first half 2019 results. All comments will refer to a set of charts available since this morning in the IR section of HHLA's website. (Operator Instructions)

HHLA is represented by Angela Titzrath, CEO; Dr. Roland Lappin, CFO; and Stefanie Steiner, Head of Investor Relations. I would now like to turn the conference over to Angela Titzrath, CEO. Please go ahead, madam.

Angela Titzrath
Hamburger Hafen und Logistik Aktiengesellschaft - Chairwoman of the Executive Board

Thank you. Ladies and gentlemen, since we last spoke in May, times have become more turbulent. Growing geopolitical and economic tensions caused rising uncertainty in the economy and among customers. The purchasing manager indices for both the eurozone and Germany are declining. Consumer confidence in Germany has also been declining since March, despite the fact that economists still expect economic growth. In such unstable environment, it is crucial to stay focused on our goals, short term

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