Published by Global Banking & Finance Review®
Posted on January 30, 2025
1 min readLast updated: January 27, 2026
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Hapag-Lloyd's Q4 earnings quadrupled to 1.3 billion euros due to increased transport volumes and stable freight rates, boosting annual results.
BERLIN (Reuters) - Hapag-Lloyd saw its earnings quadruple in the fourth quarter, contributing to a slight rise in full-year figures due to higher transport volumes combined with a stable average freight, the company said on Thursday.
Earnings before interest, taxes, depreciation and amortization (EBITDA) stood at 1.3 billion euros ($1.35 billion) in the final three months of the year compared to 300 million euros in the corresponding 2023 period, according to preliminary figures.
($1 = 0.9604 euros)
(Writing by Miranda Murray, Editing by Rachel More)
Hapag-Lloyd's EBITDA stood at 1.3 billion euros ($1.35 billion) in the final three months of the year.
Hapag-Lloyd saw its earnings quadruple in the fourth quarter compared to the same period last year.
The rise in full-year figures was due to higher transport volumes combined with a stable average freight rate.
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