Hapag-Lloyd expects to surpass last year's result in 2021

Hapag-Lloyd is doing so well that the German container line now expects the 2021 operating income to "clearly surpass" last year's result. This is, however, conditioned on volumes continuing to grow and average freight rates staying higher than in 2020.

Photo: PR / Hapag-Lloyd

Hapag-Lloyd, which announced its acquisition of Dutch container line NileDutch yesterday, is optimistic about the container market and expects both its 2021 EBIT and EBITDA to "clearly surpass" that of 2020, writes Hapag-Lloyd in a press release, in which the container line confirms its previously published full-year interim figures from January.

In 2020, Hapag-Lloyd thus landed an operating result (EBITDA) of more than USD 3 billion and a result before tax and special items (EBIT) of nearly USD 1.5 billion.

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