Aug 10, 2022 / NTS GMT
Angela Titzrath - Hamburger Hafen und Logistik Aktiengesellschaft - Chairwoman of the Executive Board & CEO
Good afternoon, ladies and gentlemen, and a warm welcome to our conference call presenting our financial results for the first half of 2022. Before our CFO and my colleague, Roland will lead you through the financials in detail, let me comment on the market environment in which we currently operate and highlight our major achievements in the first half.
For more than 2 years, we have been experiencing how volatile logistics can be. Restrictions to combat to corona pandemic, especially in China, weather-related effects, construction work on rail and on road and the war in the Ukraine with its direct and indirect implications have further aggravated the situation on global trade routes.
All these events did not happen at the same time, but they have reinforced each other. Each individual challenge is manageable, but the combination amplifies the effects and makes the situation incalculable. After a good start in the first quarter, volume development was weaker in the second quarter,
Q2 2022 Hamburger Hafen und Logistik AG Earnings Call Transcript
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