Q4 2021 Hamburger Hafen und Logistik AG Earnings Call Transcript
Good afternoon, ladies and gentlemen. I would like to welcome you to our conference call presenting our results for the financial year 2021 and the outlook for 2022.
HHLA can be relied on even in difficult times. Therefore, we were able to conclude our second year under the challenging conditions of the coronavirus pandemic with excellent financial results.
Revenue and operating results are not only significantly above the previous year. They have exceeded our annual expectations, which were last adjusted in October 2021. The positive revenue and earnings development is particularly supported by 2 factors: on the one hand, by storage fees due to the ongoing disruptions in global supply chains and the resulting shipping delays; and, on the other hand, the strong increase in container transport volumes at our rail subsidiary, Metrans, that added positively to the overall development.
Moreover, we continuously pursue our strategy of strengthening our business even in the
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