Hamburg-Süd CEO Expects Higher Sales, Volumes in 2015

BERLIN, March 7 (Reuters) – German container shipper Hamburg-Süd expects to extend gross sales and volumes this yr, Wirtschaftswoche reported on Saturday, citing chief govt Ottmar Gast.

Hamburg-Süd, a part of Oetker Group, might enhance delivery volumes by a fifth after a 2.5 % enhance in 2014, Gast stated.

Sales might rebound after sliding to five.1 billion euros ($5.53 billion) final yr on decrease costs and foreign money results from 5.2 billion in 2013, the CEO stated, with out being extra particular.

“We were profitable last year and that’s also our goal for 2015,” Gast stated. ($1 = 0.9223 euros) (Reporting by Andreas Cremer; Editing by Stephen Powell)