HHLA shareholders benefit from successful financial year
Following a very successful 2017 financial year, today the Annual General Meeting of Hamburger Hafen und Logistik AG (HHLA) resolved to increase the dividend per listed Class A share to € 0.67. This is 13.6 percent more than in the previous year. As such, € 46.9 million is being distributed to the shareholders of the Port Logistics subgroup for the 2017 financial year. The payout ratio has increased by one percentage point year-on-year to 66 percent of the profit after tax and minority interests. As in the last few years, this ratio is at the upper end of the dividend payout range of 50 to 70 percent. The dividend proposal made by the Executive Board and the Supervisory Board was ratified by 99.9 percent of the votes cast.
In her speech at the Annual General Meeting, Chairwoman of HHLA’s Executive Board, Angela Titzrath, explained: “HHLA rests on solid foundations. Notwithstanding changing parameters, we therefore believe there is a good chance that we will further strengthen the company’s future viability and creative power.”
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