Its volumes increased 2.4% to 1.9m teu to31 March, but net profit was down 27.2 % to EUR 10.5m ($14.4m).

The operating result improved by 4.8% to EUR39.3m, however, and revenue was up 6.8% at EUR 293.5m.

HHLA’s Intermodal companies transported305,000 teu, up 5.1%.

 “Thevolume increases in both container throughput and transport are particularlypleasing given that we achieved them in largely stagnating markets,” said chairmanKlaus-Dieter Peters.

“Strong