Hapag-Lloyd Publishes Semi-Annual Preliminary Data and Enhances 2021 Earnings Outlook
Aug, 03, 2021 Posted by Ruth HollardWeek 202131
Based on preliminary figures, Hapag-Lloyd expects an EBITDA of approximately US$4.2 billion (approximately EUR 3.5 billion) for the first half of 2021 compared to approximately US$1.3 billion (approximately EUR 1.2 billion) in the previous year period. At the same time, EBIT is expected to be approximately $3.5 billion (about EUR 2.9 billion) compared to approximately $0.6 billion (about EUR 0.5 billion) in the first half of 2020.
The global demand for container transport remains at a high level. However, operational disruptions along the entire supply chain continue to cause significant delays and thus contribute to transport capacity shortages. Hapag-Lloyd therefore expects earnings momentum to remain very strong in the second half of the financial year. Previously, a gradual normalization of the earnings trend was expected for the second half of the year.
Source: Ports Newsletter
To read the full original article, visit the link:
-
Meat
Oct, 27, 2021
0
Fire paralyzes Minerva-controlled Athena Foods plant in Paraguay
-
Other Cargo
Jan, 26, 2023
0
Brazilian cosmetics industry announces USD 1.5 bln trade flow in 2022
-
Shipping
Feb, 06, 2020
0
Maersk appoints Brazilian for first time to lead East Coast South American operations
-
DW 20201 EN
Feb, 15, 2021
0
DatamarWeek 16 february 2021