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.
In an interview with DVZ (Deutsche Verkehrs-Zeitung), the Chairman of Kuehne + Nagel and 30% stakeholder in Hapag-Lloyd, Germany’s “national” carrier, has urged the city states of Hamburg and Bremen to promote a HHLA/Eurogate merger, and says he is prepared to invest in it himself
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