Hamburger Hafen und Logistik AG (OTCPK:HHULY)
$ 9.02 0 (0%) Market Cap: 1.36 Bil Enterprise Value: 2.29 Bil PE Ratio: 49.29 PB Ratio: 1.70 GF Score: 75/100
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Q3 2019 Hamburger Hafen und Logistik AG Earnings Call Transcript

Nov 13, 2019 / 02:00PM GMT
Release Date Price: $12.21
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the HHLA's Analyst Conference Call on the 9 Months Results 2019. All comments will refer to a set of charts available since this morning in the IR section of HHLA's website.

(Operator Instructions)

HHLA is represented by Angela Titzrath, CEO; Dr. Roland Lappin, CFO; and Stefanie Steiner, Head of Investor Relations. I would now like to turn the conference over to Angela Titzrath, CEO. Please go ahead.

Angela Titzrath
Hamburger Hafen und Logistik Aktiengesellschaft - Chairwoman of the Executive Board

Thank you. Ladies and gentlemen, since we last spoke in August, times have become more turbulent. The long-lasting economic upstream in Germany is probably coming to an end. The German government and the leading economic institutes have lowered the forecast accordingly. World output and world GDP show signs of a slowdown, partially caused by the still unresolved trade conflict. The challenges today and tomorrow for the entire transport and logistic sector, therefore, remain difficult.

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