Hapag-Lloyd has actually wrapped up the very first 9 months of 2021 with an EBITDA of USD 8.2 billion (EUR 6.8 billion). The EBIT was additionally a lot more than in the prior-year duration, at USD 6.9 billion (EUR 5.8 billion). At the exact same time, the Group earnings enhanced to USD 6.7 billion (EUR 5.6 billion).

Revenues increased in the very first 9 months of 2021 by around 70 percent, to USD 17.9 billion (EUR 15.0 billion). The increase can mostly be credited to a greater ordinary products price of 1,818 USD/TEU (9M 2020: 1,097 USD/TEU). This substantial boost is generally the outcome of constantly high need for container transportations with limited capabilities at the exact same time. In enhancement, transportation quantities depended on 8,980 TTEU and also consequently 3 percent more than the equivalent number for the previous year.

Transport costs climbed up 16 percent in the nine-month duration, to USD 8.9 billion (EUR 7.4 billion). This scheduled partly to greater prices for container handling and also a raised standard shelter usage rate, which stood at USD 452 per tonne in the very first 9 months (9M 2020: 402 USD per tonne).

Image Credits: hapag-lloyd. com

“Despite all the operational challenges, we achieved an extraordinary strong nine-month result. However, global supply chains are under enormous pressure, which further intensified during the peak season in the third quarter. This unfortunately also creates additional operational burdens for carriers, ports and terminals – but, most importantly, for customers worldwide. We will do everything in our power to help with suitable offers and to do our part to resolve the situation through targeted investments and flexible capacity management,” stated Rolf Habben Jansen, CHIEF EXECUTIVE OFFICER of Hapag-Lloyd

Looking in advance, Hapag-Lloyd anticipates that profits energy will certainly additionally continue to be at a high degree for the remainder of the year. The profits projection for the whole year was appropriately readjusted upwards on 29 October: For the 2021 fiscal year, an EBITDA in the series of EUR 10.1 to 10.9 billion (formerly: EUR 7.6 to 9.3 billion) and also an EBIT in the series of EUR 8.7 to 9.5 billion (formerly: EUR 6.2 to 7.9 billion) are currently anticipated.

Reference: hapag-lloyd. com