Independent journal on economy and transport policy
20:32 GMT+1
This page has been automatically translated by Original news
Record financial and operating performance for Hapag-Lloyd in the last quarter of 2020
Over the period, the average value of the noles increased by +9.5%
January 27, 2021
Operating activity also reached new highs with a volume of containerised cargoes transported in the fourth quarter of 2020 by Hapag-Lloyd's fleet which is amounted to 3.1 million teu, with an increase of +2% on the same period of the previous year and with about 50,000 more compared to the previous record of the first quarter of 2020.
The sharp increase in financial results contributed to the growth in the average value of the nuts that in the fourth quarter of 2020 was $1,163/teu (+9.5%).
In the full year 2020, the company's transported 11.8 million teu, -2.0% less compared to the previous year. Last year, the average value of amounted to $1,115/teu (+4.0%).
Last year revenues totalled record value of 12.8 billion euros (+2%). New records also for EBITDA and operating profit, which were equal to €2.7 billion (+36%) and €1.3 billion (+60%).
Hapag-Lloyd specified that the increase in results is been generated mainly, in addition to the increase in the number of from the reduction in bunker prices and the decrease in expenses about $500 million from the success of the performance safeguards program. In addition, the company has specified that the value of EBIT includes one-off expenses for approximately $140 million (120 million euros) related mainly to fleet optimization.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
Operating activity also reached new highs with a volume of containerised cargoes transported in the fourth quarter of 2020 by Hapag-Lloyd's fleet which is amounted to 3.1 million teu, with an increase of +2% on the same period of the previous year and with about 50,000 more compared to the previous record of the first quarter of 2020.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
