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DGAP-News: Hapag-Lloyd AG
/ Key word(s): Preliminary Results
Hapag-Lloyd achieves extraordinarily strong operating result in 2021 - EBITDA and EBIT significantly higher than prior-year level - Freight rates much higher owing to persistent excess demand - Transport volume at prior-year level On the basis of preliminary figures, Hapag-Lloyd's earnings before interest, taxes, depreciation and amortisation (EBITDA) for the 2021 financial year increased to more than USD 12.8 billion (approximately EUR 10.9 billion). Earnings before interest and taxes (EBIT) rose to roughly USD 11.1 billion (approximately EUR 9.4 billion). The main drivers of these positive business developments have been significantly improved freight rates resulting from very strong demand for goods exported from Asia. At the same time, the major disruptions in global supply chains have led to a significant increase in transport expenses. Revenues increased to roughly USD 26.4 billion (approximately EUR 22.3 billion). This can mainly be attributed to a higher average freight rate of 2,003 USD/TEU (2020: 1,115 USD/TEU). Transport volumes were roughly on a par with the prior-year level, at 11.9 million TEU (2020: 11.8 million TEU), due to the strained supply chains. Explanatory notes relating to the performance measures EBITDA and EBIT referred to herein can be found here: https://www.hapag-lloyd.com/en/ir/publications/financial-report.html
PRELIMINARY KEY FIGURES (EUR)*
* In individual cases, rounding differences may occur in the tables for computational reasons. Disclaimer Contact: Heiko Hoffmann Senior Director Investor Relations Hapag-Lloyd AG Ballindamm 25 20095 Hamburg Phone +49 40 3001-2896 Fax +49 40 3001-72896 Mobile +49 172 875-2126
01.02.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Hapag-Lloyd AG |
| Ballindamm 25 | |
| 20095 Hamburg | |
| Germany | |
| Phone: | +49 (0) 40 3001 - 2896 |
| Fax: | +49 (0) 40 3001 - 72896 |
| E-mail: | ir@hlag.com |
| Internet: | www.hapag-lloyd.com |
| ISIN: | DE000HLAG475 |
| WKN: | HLAG47 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1274919 |
| End of News | DGAP News Service |
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1274919 01.02.2022
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