On 27 October 2025, HHLA announced that it has revised its annual forecast for the current financial year downward. According to the company, the adjustment was made against the backdrop of “significantly increased global economic uncertainties.” In particular, US trade policy and ongoing disruptions in global supply chains have recently made the business environment appear less stable than initially assumed.
Port logistics: handling growth weaker than expected
In the Port Logistics segment, management now anticipates a significant, though no longer strong, increase in container handling. Container transport, on the other hand, is expected to continue growing robustly. The company added that ongoing automation upgrades at its Hamburg facilities are also temporarily slowing operational performance.
As a result, HHLA has revised its EBIT forecast for the Port Logistics segment to between €145 million and €160 million – a marked reduction from the previously expected range of €180 million to €200 million.
Lower earnings forecast across the group
HHLA has also reduced its earnings expectations at group level. EBIT is now forecast to reach between €160 million and €175 million, compared with the previous range of €195 million to €215 million. However, the company continues to expect revenues to show a strong year-on-year increase.
Real estate business in line with expectations
In the Real Estate segment, HHLA still anticipates a slight rise in revenue. The company maintains its previous outlook for EBIT – a sharp decline compared with the previous year.
HHLA plans to publish its full financial results for the first to third quarters of 2025 on 13 November.
