Hapag-Lloyd expects strong earnings growth in Q1
Hapag-Lloyd expects to deliver a significant improvement in earnings during the first quarter of 2021 thanks to exceptionally strong demand for container transport, leading to a much higher level of freight rates.
Based on preliminary business figures for the month of January and the current business situation, the carrier predicts that performance indicators EBITDA and operating profit will grow substantially.
EBITDA is currently expected to be at least USD1.8bn compared to US$517m in the same quarter last year.
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