Hapag-Lloyd

Hapag-Lloyd has raised its annual forecast for the third time and now expects EBIT of €1.7 to €2.1 billion, after previously forecasting €1.1 to €1.5 billion. The drivers remain robust spot freight rates and stronger shipment volumes from Asia, which more than offset extra costs from rerouting around Africa due to attacks in the Persian Gulf and Red Sea. Some liner services through the Suez Canal have been resumed together with Maersk. » Mere på manager-magazin.de

Hapag-Lloyd has again revised its forecast for 2026 upward due to persistently strong demand and high spot freight rates. Group EBITDA is now expected at USD 3.9–4.4 billion (EUR 3.4–3.8 billion) and group EBIT at USD 1.25–1.75 billion (EUR 1.1–1.5 billion). Management, however, warns of high uncertainty because of volatile freight rates and geopolitical risks. » Mere på finanzen.net

Hapag-Lloyd has again raised its forecast for 2026 due to strong market demand and higher spot freight rates. Group EBITDA is now expected at USD 3.9–4.4 billion (previously USD 2.7–3.7 billion) and group EBIT at USD 1.25–1.75 billion (previously USD 0.1–1.1 billion), corresponding to EUR 3.4–3.8 billion EBITDA and EUR 1.1–1.5 billion EBIT. Management warns of high uncertainty due to volatile freight rates and geopolitical challenges. » Mere på finanzen.net

Hapag-Lloyd is still pursuing the takeover of Israeli carrier ZIM for about €3.6 billion to expand its fleet to more than 400 ships and capacity to over 3 million TEU. The Israeli government has so far rejected the plan because of stakes held in Hapag-Lloyd by sovereign wealth funds from Saudi Arabia and Qatar. CEO Rolf Habben Jansen said he is confident that discussions can convince the authorities of the concept and address their concerns. » Mere på finanzen.net

Hapag-Lloyd intends to continue pursuing the takeover of Israeli shipping company ZIM for around €3.6 billion, even though the Israeli government has so far issued a veto. CEO Rolf Habben Jansen stresses that the proposed plan is an improvement over the status quo and that talks with Israeli authorities have intensified in recent weeks. Israel’s main concern is minority stakes held by Saudi and Qatari sovereign wealth funds in Hapag-Lloyd; management notes that these shareholders do not have direct influence over day-to-day operations. Habben Jansen remains confident he can convince the authorities and complete the transaction. » Mere på finanzen.net