Thursday , August 11 2022

Hapag-Lloyd became more optimistic after a strong summer


Earnings before interest and taxes increased in Q3Earnings before interest and taxes (EBITDA) increased by approximately one-fifth to 212.1 million euros in the third quarter. Hapag-Lloyd doubled the surplus to 113.4 million euros. The increase was due to higher transport volumes, lower personnel costs and lower interest expenditures.

Although the freight company does not fully compensate for higher fuel costs due to higher freight rates, it has a full foresight in 2018.

"Although we continue to exert upward pressure on operating costs in various parts of our business, we continue to be cautiously optimistic for the rest of the year," he said. Said. The quarterly figures include the United Arab Emirates (UASC), where Hapag-Lloyd met in May 2017.

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