Hapag-Lloyd Raises Full-Year Earnings Outlook After H1 Results

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German ocean carrier Hapag-Lloyd raises its earnings outlook for the current financial year after the announcement of its half year figures.

Unaudited results 

Based on preliminary and unaudited results, Hapag-Lloyd achieved a Group EBITDA of approximately US$2 billion and Group EBIT of approximately US$900 million, decreased from US$3.8 billion and US$2.8 billion, respectively, in 2023 H1.

Therefore, the Executive Board of the company is raising its earnings outlook for the financial year 2024 with Group EBITDA for the full year now expected to be in the range of US$3.5 to 4.6 billion and Group EBIT of US$1.3 to 2.4 billion.

Hapag-Lloyd noted that the final business figures for the first half of the year will be published on 14 August 2024.

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Source: Containernews