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

28-Jul-2022 / 10:18 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 half year of 2022 and raises its earnings outlook for the current financial year

Hapag-Lloyd posted earnings growth in the first half year of 2022. Based on preliminary figures, Group EBITDA for the first half year of 2022 is in the range of USD 10.9 billion (EUR 10.0 billion) and Group EBIT is around USD 9.9 billion (EUR 9.1 billion).

The transport volume of around 6 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 half year 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 19.5 to 21.5 billion (EUR 18.2 to 20.1 billion) and Group EBIT in the range of USD 17.5 to 19.5 billion (EUR 16.3 to 18.2 billion).

In view of the war in Ukraine, the continuing disruptions to global supply chains and the effects of the COVID-19 pandemic, the forecast is subject to considerable uncertainty.

The final business figures for the first half year of 2022 will be published as planned on 11 August 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 H1 2022 FINANCIAL RESULT*
 

EUR FIGURESQ2 2022Q2 2021 H1 2022H1 2021
EBITDA (EUR billion) 5.3 1.9   10.0 3.5
EBIT (EUR billion) 4.8 1.6   9.1 2.9

 

USD FIGURESQ2 2022Q2 2021 H1 2022H1 2021
EBITDA (USD billion) 5.6 2.3   10.9 4.2
EBIT (USD billion) 5.1 1.9   9.9 3.5

 

 

2022 EARNINGS OUTLOOK*

 

EUR FIGURESUpdatedPreviously
EBITDA (EUR billion) 18.2 – 20.1 13.6 – 15.5
EBIT (EUR billion) 16.3 – 18.2 11.7 – 13.6

 

USD FIGURESUpdatedPreviously
EBITDA (USD billion) 19.5 – 21.5 14.5 – 16.5
EBIT (USD billion) 17.5 – 19.5 12.5 – 14.5


* Figures rounded.

 

 

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

28-Jul-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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: 1408015

 
End of Announcement DGAP News Service

1408015  28-Jul-2022 CET/CEST

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