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EQS-News: Hamburger Hafen und Logistik AG / Key word(s): AGM/EGM
HHLA's Annual General Meeting approves all proposed resolutions
2024-06-13 / 18:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Hamburg, 13 June 2024
[HHLA Annual General Meeting 2024]
HHLA's Annual General Meeting approves all proposed resolutions
. Dividend distribution of EUR 0.08 per class A share approved
. Actions of Executive Board and Supervisory Board approved for the 2023 financial year
The Annual General Meeting of Hamburger Hafen und Logistik AG (HHLA) approved all proposed resolutions today. This
includes the decision to distribute a dividend of EUR 0.08 per class A share.
In her speech, HHLA's CEO, Angela Titzrath, looked back at a challenging 2023 financial year. The ongoing war in
Ukraine, geopolitical tensions, high inflation and interest rate hikes had an impact on the economy and continued to
dampen the recovery from the pandemic, which was reflected in lower figures for container handling and container
transport for HHLA. In this context, HHLA closed the financial year with revenue of EUR 1,446.8 million and a Group
operating result (EBIT) of EUR 109.4 million.
Angela Titzrath, CEO of HHLA: "HHLA continues to operate in a difficult market environment. Over the short and medium
term, we will have to continue to expect and navigate a volatile environment in global logistics. It's a new normal to
which HHLA has adapted. We continue to pursue our strategy to make HHLA more connected, digital and sustainable in the
future. To do so, we will continue to invest in our terminals, our European network and in additional innovative
logistics solutions."
The Annual General Meeting approved the proposal made by the Executive Board and Supervisory Board to pay out a cash
dividend of EUR 0.08 per publicly listed class A share. A total of EUR 5.8 million will thus be distributed to the
shareholders of the Port Logistics subgroup. The payout ratio amounts to 67 percent, putting it at the upper end of the
target range of 50 to 70 percent of the net profit for the year after minority interests. The Annual General Meeting
resolved to distribute EUR 2.20 per class S share for the unlisted Real Estate subgroup. All class S shares are held by
the Free and Hanseatic City of Hamburg. HHLA is therefore distributing a combined total of EUR 11.8 million to the
shareholders of the two subgroups for the 2023 financial year.
The detailed voting results of the Annual General Meeting, the speech by the CEO, Angela Titzrath, and the accompanying
presentation are available on HHLA's website in the Investor Relations section under "Annual General Meeting":
www.hhla.de/en/annual-general-meeting.

Contact:
Julia Hartmann
Head of Investor Relations
HAMBURGER HAFEN UND LOGISTIK AG
Bei St. Annen 1, D-20457 Hamburg, www.hhla.de
Tel: +49-40-3088-3397
Fax: +49-40-3088-55-3397
E-mail: investor-relations@hhla.de
2024-06-13 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Hamburger Hafen und Logistik AG 

Bei St. Annen 1
20457 Hamburg
Germany

Phone:        +49 (0)40-3088-0 
Fax:          +49 (0)40-3088-3355 
E-mail:       info@hhla.de 
Internet:     www.hhla.de 
ISIN:         DE000A0S8488 
WKN:          A0S848 
Listed:       Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, 

Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1924011

End of News EQS News Service
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1924011 2024-06-13 CET/CEST

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END) Dow Jones Newswires

June 13, 2024 12:00 ET (16:00 GMT)