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Hapag-Lloyd reports operating profit of USD 3 billion in pandemic year

Container line Hapag-Lloyd reports a result "significantly above" last year despite the coronavirus outbreak across the globe. The operating profit lands at slightly above USD 3 billion, show the preliminary figures for 2020.

Photo: PR / Hapag-Lloyd

German Hapag-Lloyd becomes the first major container line to report preliminary results for 2020, which was a wholly unusual year due to the worldwide coronavirus epidemic.

The company achieved an operating profit, EBITDA, of around USD 3 billion, which was "significantly above" last year and came despite the pandemic, writes the company in the preliminary financial report.

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