HHLA Q1 2024 profit declines
NewsHHLA’s Q1 2024 revenue and earnings declined due to global crises and the Red Sea conflict, with revenue down 0.3% and EBIT down 23.9%, resulting in a net loss of EUR 1.1 million.
HHLA deal called off…
The controversial takeover of HHLA by DB AG (see last month’s WorldCargo News, p1) is off. Talks were broken off after DB chairman Hartmut Mehdorn said there was never any intention of moving the whole of DB’s corporate HQ from Berlin to Hamburg, “only the logistics division and some minor departments.”
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