Hamburger Hafen und Logistik AG (WBO:HHFA)
€ 17.5 0 (0%) Market Cap: 1.32 Bil Enterprise Value: 2.05 Bil PE Ratio: 42.86 PB Ratio: 1.83 GF Score: 70/100
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Q3 2022 Hamburger Hafen und Logistik AG Earnings Call Transcript

Nov 14, 2022 / 01:00PM GMT
Release Date Price: €12.26 (-1.76%)
Angela Titzrath
Hamburger Hafen und Logistik Aktiengesellschaft - Chairwoman of the Executive Board & CEO

Thank you very much, and good afternoon, everyone. Welcome to our conference call presenting our financial results for the first 9 months of 2022.

Before my colleague, Roland Lappin, takes you through the financials in detail, I would like to highlight our key achievements in the first 9 months of this year and to talk about the market environment in which we are currently operating.

The 2022 financial year has presented significant challenges for the global logistics industry. The COVID-19 pandemic and the ongoing war in the Ukraine have caused a great deal of suffering for many people. The latter has also resulted in macroeconomic turbulence and geopolitical instability. Inflation in Europe reached levels not seen for a decade, and disrupted supply chain persisted and continued to deter operations at terminals and in hinterland traffic.

Against this backdrop, ladies and gentlemen, we appreciate the compromise that has been finally found by the German government

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