Put companies on watchlist
Hapag-Lloyd AG
ISIN: DE000HLAG475
WKN: HLAG47
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Hapag-Lloyd AG · ISIN: DE000HLAG475 · EQS - adhoc news (75 News)
Country: Germany · Primary market: Germany · EQS NID: 1338759
28 April 2022 03:55PM

Hapag-Lloyd posts earnings growth in the first quarter of 2022 and raises its earnings outlook for the current financial year


DGAP-Ad-hoc: Hapag-Lloyd AG / Key word(s): Change in Forecast/Preliminary Results
Hapag-Lloyd posts earnings growth in the first quarter of 2022 and raises its earnings outlook for the current financial year

28-Apr-2022 / 15:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Hapag-Lloyd posts earnings growth in the first quarter of 2022 and raises its earnings outlook for the current financial year

Hapag-Lloyd posted earnings growth in the first quarter of 2022. Based on preliminary figures, Group EBITDA for the first quarter of 2022 is in the range of USD 5.3 billion (EUR 4.7 billion) and Group EBIT is around USD 4.8 billion (EUR 4.3 billion).

The transport volume of around 3 million TEU was at the level of the previous year. At the same time, the average freight rate increased by approximately 80%.

Based on current business performance, the second quarter should also exceed previous expectations. Against this background, the Executive Board of Hapag-Lloyd AG has raised its earnings outlook for the current financial year today. For 2022, Group EBITDA is now expected to be in the range of USD 14.5 to 16.5 billion (EUR 13.6 to 15.5 billion) and Group EBIT in the range of USD 12.5 to 14.5 billion (EUR 11.7 to 13.6 billion).

In view of the ongoing COVID-19 pandemic and the war in Ukraine, the forecast is subject to considerable uncertainty.

The final business figures for the first quarter of 2022 will be published as planned on 12 May 2022.

Explanatory notes relating to the performance measures EBITDA and EBIT referred to herein can be found in the 2021 Annual Report:

https://www.hapag-lloyd.com/en/ir/publications/financial-report.html


PRELIMINARY Q1 2022 FINANCIAL RESULT*

EUR FIGURES Q1 2022 Q1 2021
EBITDA (EUR billion) 4.7 1.6
EBIT (EUR billion) 4.3 1.3
 
USD FIGURES Q1 2022 Q1 2021
EBITDA (USD billion) 5.3 1.9
EBIT (USD billion) 4.8 1.5
 

2022 EARNINGS OUTLOOK*

EUR FIGURES Updated Previously
EBITDA (EUR billion) 13.6 - 15.5 10.7 - 12.4
EBIT (EUR billion) 11.7 - 13.6 8.9 - 10.7
 
USD FIGURES Updated Previously
EBITDA (USD billion) 14.5 - 16.5 12.0 - 14.0
EBIT (USD billion) 12.5 - 14.5 10.0 - 12.0

* Figures rounded.


Contact:
Heiko Hoffmann
Senior Director Investor Relations

Hapag-Lloyd AG
Ballindamm 25
20095 Hamburg
Telephone +49 40 3001-2896
Mobile +49 172 875-2126


28-Apr-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: 1338759

 
End of Announcement DGAP News Service

1338759  28-Apr-2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1338759&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Hapag-Lloyd AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.