Posted on July 27, 2026
Hamburger Hafen und Logistik has cut its 2026 earnings and volume forecasts after terminal automation and rail infrastructure works in Hamburg disrupted operations more than expected.
HHLA now expects container throughput in the port logistics division to fall slightly from last year, reversing earlier guidance for a significant increase. Container transport is forecast to rise only slightly, compared with the strong growth previously expected.
The operator lowered its port logistics EBIT forecast to between €135m and €155m, down from an earlier range of €160m to €180m.
Group EBIT is now expected at between €150m and €170m, compared with the previous forecast of €175m to €195m. Revenue is still forecast to increase significantly, although HHLA had previously expected strong growth.
The Hamburg-based group said the operational effects of winter weather at the start of the year were also unlikely to be fully recovered during the remainder of 2026.
