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Hapag Lloyd AG (HLAG.DE)

HLAG.DE on Xetra

67.00EUR
16 Sep 2019
Change (% chg)

€2.30 (+3.55%)
Prev Close
€64.70
Open
€63.90
Day's High
€67.30
Day's Low
€62.60
Volume
30,214
Avg. Vol
57,465
52-wk High
€71.00
52-wk Low
€21.04

Latest Key Developments (Source: Significant Developments)

Hapag-Lloyd Not Concerned By Delayed Peak Season - CEO
Wednesday, 7 Aug 2019 

Aug 7 (Reuters) - Hapag Lloyd AG CEO::COMPANY HAS NO PLANS TO ORDER ANY NEW CONTAINER VESSELS.HAVING ACHIEVED NET DEBT TO EBITDA FACTOR TARGET OF 3.5 IN H1, A GOOD MEDIUM TERM LEVEL WOULD BE 2.5 TO 3.SHIPPING PEAK SEASON THIS YEAR TO START LATER THAN LATE JULY SEEN LAST YEAR, BUT NO REASON TO BE CONCERNED.CONFIDENT WE WILL HAVE ACCESS TO SUFFICIENT VOLUMES OF COMPLIANCE FUEL AT START OF 2020 WHEN NEW IMO LOW-SULPHUR RULES WILL APPLY.  Full Article

Hapag Lloyd: Change In Core Shareholders' Stake
Tuesday, 18 Jun 2019 

June 18 (Reuters) - HAPAG LLOYD AG ::CHANGE IN CORE SHAREHOLDERS' STAKE IN HAPAG-LLOYD AG.INCREASED PARTICIPATION OF TWO CORE SHAREHOLDERS, WHICH HAS REDUCED FREE FLOAT TO BELOW NINE PERCENT.  Full Article

Hapag Lloyd To Enter New Revolving Credit Facility For 100 Million Euros
Thursday, 13 Jun 2019 

June 14 (Reuters) - HAPAG LLOYD AD ::ANNOUNCED ON THURSDAY IT WILL ENTER NEW EUR 100 MILLION REVOLVING CREDIT FACILITY.FACILITY TO BE AVAILABLE FROM 14 JUNE 2019 FOR DIFFERENT MATURITIES UP TO 18 MONTHS.FACILITY SUBJECT TO UP TO TWO YEARS EXTENSION.MAY USE FACILITY FOR GENERAL PURPOSES AND TO OPTIMISE DEBT MATURITY PROFILE AND COST OF CAPITAL.LOANS UNDER FACILITY TO BE ELIGIBLE FOR SETTLEMENT OF MARKET-STANDARD CREDIT DEFAULT SWAP TRANSACTIONS.  Full Article

Hapag-Lloyd CEO says sees Q2 freight rates hike
Thursday, 9 May 2019 

May 9 (Reuters) - Hapag Lloyd AG CEO Rolf Habben Jansen tells Reuters::SO FAR GLOBAL TRADE TENSIONS HAVE HAD LIMITED EFFECT ON OUR BUSINESS, HOPES STAYS LIKE THAT.EXPECTS Q2 FREIGHT RATES SIGNIFICANTLY ABOVE YEAR-EARLIER PERIOD; FREIGHT RATES INCREASED 5 PERCENT IN Q1.EXPECTS GLOBAL FLEET TO RISE 3-4 PERCENT IN 2019, SEES LITTLE INDUSTRY CONSOLIDATION IN NEXT 12-24 MONTHS.NEW FUEL REGULATION TO COST CO 1.1-1.2 BILLION EUR; PLANS TO ADD SCRUBBER TECHNOLGY TO 10 OF ITS 235 SHIPS BY EARLY 2020.  Full Article

Hapag Lloyd Q1 Group Net Result Up At EUR 96 Mln
Thursday, 9 May 2019 

May 9 (Reuters) - HAPAG LLOYD AG ::RESULT SIGNIFICANTLY UP IN THE FIRST QUARTER.Q1 EARNINGS BEFORE INTEREST AND TAXES (EBIT) INCREASED TO EUR 214 MILLION (Q1 2018: EUR 51 MILLION).Q1 GROUP NET RESULT INCREASED TO EUR 96 MILLION (Q1 2018: EUR -34 MILLION).REVENUES IN Q1 INCREASED BY 17% TO EUR 3.1 BILLION (Q1 2018: EUR 2.6 BILLION).Q1 EBITDA ROSE TO EUR 489 MILLION (Q1 2018: EUR 216 MILLION).CAUTIOUSLY OPTIMISTIC ABOUT 2019 DESPITE SLIGHTLY DAMPENED FORECASTS FOR GLOBAL ECONOMIC GROWTH AND HIGHER FUEL PRICES.  Full Article

Hapag Lloyd Sees 2019 EBITDA In Range Of EUR 1.6 Bln To EUR 2.0 Bln
Friday, 22 Mar 2019 

March 22 (Reuters) - HAPAG LLOYD AG ::GROUP NET RESULT SIGNIFICANTLY IMPROVED, PROPOSED DIVIDEND OF 15 CENTS PER SHARE.GROUP NET RESULT INCREASED TO EUR 46 MILLION FOR YEAR 2018 AND WAS EUR 13 MILLION HIGHER COMPARED TO PREVIOUS YEAR (2017: EUR 33 MILLION).FY EBITDA) ROSE TO EUR 1,138 MILLION (2017: EUR 1,055 MILLION). EARNINGS BEFORE INTEREST AND TAXES (EBIT) WENT UP TO EUR 443 MILLION.ANTICIPATING A RISE IN TRANSPORT VOLUME IN 2019 IN LINE WITH GENERAL GROWTH OF MARKET.AVERAGE FREIGHT RATE IN 2019 IS LIKELY TO INCREASE SLIGHTLY COMPARED WITH PREVIOUS YEAR.ALSO EXPECTING AVERAGE BUNKER CONSUMPTION PRICE IN 2019 TO BE MODERATELY HIGHER COMPARED TO PREVIOUS YEAR.FORECASTING AN EBITDA IN RANGE OF EUR 1.6 TO 2.0 BILLION AND AN EBIT IN RANGE OF EUR 0.5 TO 0.9 BILLION.  Full Article

Hapag Lloyd FY EBIT At EUR 443 Mln
Monday, 25 Feb 2019 

Feb 25 (Reuters) - HAPAG LLOYD AG ::FY EBIT 443 MILLION EUR VERSUS 411 MILLION EUR YEAR AGO.FY REVENUE ROSE 15 PERCENT TO 11.5 BILLION EUR.FY PRELIMINARY EBITDA 1.138 BILLION EUR VERSUS 1.055 BILLION EUR YEAR AGO.MAIN DRIVERS ARE HIGHER GLOBAL TRANSPORT VOLUMES, STEADILY IMPROVING FREIGHT RATES IN SECOND HALF OF YEAR, MERGER WITH UNITED ARAB SHIPPING COMPANY LTD. (UASC), AND RESULTING COST SYNERGIES.FOR Q4 OF 2018, EBITDA OF EUR 324 MILLION (Q4 2017: EUR 332 MILLION) AND EBIT OF EUR 142 MILLION.  Full Article

Hapag-Lloyd CEO Says Aiming For Cost Savings Of Up To $350 To $400 Mln
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Hapag Lloyd AG ::CEO SAYS ADVANTAGES FROM FURTHER MERGERS AND ACQUISITIONS DECREASE, WE ARE NOT PLANNING FOR FURTHER ACQUISITIONS IN THE SHORT TERM.CEO SAYS WE ARE NOT PLANNING ANY AGGRESSIVE EXPANSION UNTIL 2023, OUR GLOBAL MARKET SHARE SHOULD RISE SLIGHTLY TO AROUND 10 PERCENT FROM 9 PERCENT.CEO SAYS WE ARE AIMING FOR COST SAVINGS OF UP TO 350 TO 400 MILLION DOLLARS THROUGH VARIOUS MEASURES.  Full Article

Hapag Lloyd Q3 EBIT At EUR 212.1 Mln
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - HAPAG LLOYD AG ::Q3 EBIT OF EUR 212.1 MILLION (Q3 2017: EUR 178.1 MILLION).9-MONTH NET RESULT OF EUR 12.5 MILLION, BEING ROUGHLY ON A PAR WITH LEVEL OF NINE-MONTH RESULT OF 2017 (EUR 9.1 MILLION).EBIT AND EBITDA ARE EXPECTED TO BE IN UPPER PART OF THESE RANGES FOR 2018 FULL FINANCIAL YEAR.9-MONTH REVENUES STAND AT EUR 8.4 BILLION (9M 2017: EUR 7.3 BILLION).  Full Article

Hapag-Lloyd Reorganises Executive Board
Wednesday, 28 Mar 2018 

March 28 (Reuters) - HAPAG LLOYD AG ::DGAP-NEWS: HAPAG-LLOYD AG: REORGANISATION OF THE HAPAG-LLOYD EXECUTIVE BOARD.‍CEO ROLF HABBEN JANSEN TO TAKE OVER SALES AREAS​.‍JOACHIM SCHLOTFELDT TO BECOME NEW EXECUTIVE BOARD MEMBER FOR HR AND GLOBAL PROCUREMENT, AMONG OTHER AREAS​.‍CCO THORSTEN HAESER TO STEP DOWN​.  Full Article

German stocks - Factors to watch on September 9

BERLIN/FRANKFURT, Sept 9 The following are some of the factors that may move German stocks on Monday: