Hapag-Lloyd AG
ISIN: DE000HLAG475
WKN: HLAG47
24 October 2024 10:31AM

EQS-Adhoc: Hapag-Lloyd raises its earnings outlook for the current financial year and publishes preliminary earnings figures for the first nine months of 2024

Hapag-Lloyd AG · ISIN: DE000HLAG475 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 2015367

EQS-Ad-hoc: Hapag-Lloyd AG / Key word(s): Change in Forecast/9 Month figures
Hapag-Lloyd raises its earnings outlook for the current financial year and publishes preliminary earnings figures for the first nine months of 2024

24-Oct-2024 / 10:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Hapag-Lloyd raises its earnings outlook for the current financial year and publishes preliminary earnings figures for the first nine months of 2024

Based on preliminary and unaudited figures, Hapag-Lloyd AG achieved a Group EBITDA of approximately USD 3.6 billion (EUR 3.3 billion) and Group EBIT of approximately USD 1.9 billion (EUR 1.8 billion) in the first nine months of 2024.

Given the current course of business, characterised by stronger than expected demand and improved freight rates, and despite increased expenses related to the necessary diversion of vessels around the Cape of Good Hope, the Executive Board of Hapag-Lloyd AG is raising its earnings outlook for the financial year 2024. Group EBITDA is now expected to be in the range of USD 4.6 to 5.0 billion (previously: USD 3.5 to 4.6 billion) and Group EBIT of USD 2.4 to 2.8 billion (previously: USD 1.3 to 2.4 billion).

In Euro, this corresponds to an expected Group EBITDA of EUR 4.2 to 4.6 billion (previously: EUR 3.2 to 4.2 billion) and Group EBIT in the range of EUR 2.2 to 2.6 billion (previously: EUR 1.2 to 2.2 billion).

Against the backdrop of very volatile freight rates and major geopolitical challenges, the forecast is subject to a high degree of uncertainty.

The final business figures for the first nine months of 2024 will be published as planned on 14 November 2024.

Explanatory notes relating to the performance measures EBITDA and EBIT referred to herein can be found in the 2023 Annual Report:

https://www.hapag-lloyd.com/en/ir/publications/financial-report.html


PRELIMINARY 9M 2024 FINANCIAL RESULT*

EUR FIGURES Q3 2024 Q3 2023   9M 2024 9M 2023
EBITDA (EUR billion) 1.5 0.7   3.3 4.2
EBIT (EUR billion) 1.0 0.2   1.8 2.8

 

USD FIGURES Q3 2024 Q3 2023   9M 2024 9M 2023
EBITDA (USD billion) 1.6 0.7   3.6 4.5
EBIT (USD billion) 1.1 0.2   1.9 3.0

 

2024 EARNINGS OUTLOOK*

EUR FIGURES Updated Previously
EBITDA (EUR billion) 4.2 to 4.6 3.2 to 4.2
EBIT (EUR billion) 2.2 to 2.6 1.2 to 2.2

 

USD FIGURES Updated Previously
EBITDA (USD billion) 4.6 to 5.0 3.5 to 4.6
EBIT (USD billion) 2.4 to 2.8 1.3 to 2.4

* Figures rounded.

 

Contact:
Alexander Drews
Director Investor Relations

Hapag-Lloyd AG
Ballindamm 25
20095 Hamburg
Phone +49 40 3001-3705
Fax +49 40 3001-72896
Mobile +49 174 326-3123


End of Inside Information

24-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Hapag-Lloyd AG
Ballindamm 25
20095 Hamburg
Germany
Phone: +49 (0) 40 3001 – 3705
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: 2015367

 
End of Announcement EQS News Service

2015367  24-Oct-2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 11.515,10 12.607,90 12.772,40 22.273,50 34.542,70 17.929,50 15.400,00
EBITDA1,2 1.138,10 1.985,80 2.700,40 10.852,60 19.428,70 4.461,00 4.490,00
EBITDA-Margin3 9,88 15,75 21,14 48,72 56,25 24,88 29,16
EBIT1,4 443,00 811,40 1.315,20 9.389,80 17.524,50 2.531,70 2.420,00
EBIT-Margin5 3,85 6,44 10,30 42,16 50,73 14,12 15,71
Net Profit (Loss)1 46,00 373,40 935,40 9.085,00 17.042,60 2.950,60 2.100,00
Net-Margin6 0,40 2,96 7,32 40,79 49,34 16,46 13,64
Cashflow1,7 1.072,90 2.028,20 2.897,90 10.410,00 19.503,30 4.966,00 0,00
Earnings per share8 0,21 2,06 5,27 51,63 96,89 16,70 11,95
Dividend per share8 0,15 1,10 3,50 35,00 63,00 9,25 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Hapag-Lloyd
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
HLAG47 DE000HLAG475 AG 26.979,21 Mio € 06.11.2015 9F5FHX3X+95
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
11,81 14,58 0,81 8,90 1,58 5,43 1,50
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
63,00 9,25 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
30.04.2024 14.05.2025 14.08.2025 14.11.2024 20.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+2,33%
153,50 €
ATH 474,60 €
-2,58% -1,35% +13,70% +4,07% +667,50%

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