Hapag Lloyd achieves extraordinarily strong result in its anniversary year 2022
- EBITDA and EBIT significantly higher than prior-year level
- Average freight rate increased by 43 %
- Transport volume at prior-year leveOn the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary – with an EBITDA of USD 20.5 billion . The EBIT rose to USD 18.5 billion , which can primarily be attributed to higher freight rates. At the same time, disruptions in global supply chains and inflation have led to a significant increase in costs.Revenues rose to USD 36.4 billion (EUR 34.5 billion), primarily owing to an increase in the average freight rate, to 2,863 USD/TEU (2021: 2,003 USD/TEU). However, already by the end of the year, the freight rate had significantly come back down as congestion eased and demand declined. Transport volumes for full-year 2022 were roughly on a par with the prior-year level, at 11.8 million TEU (2021: 11.9 million TEU).
Hapag-Lloyd will publish its 2022 Annual Report with the audited financial figures and an outlook for the current financial year during a virtual press briefing on financial statements on 2 March 2023.
Explanatory notes relating to the performance measures EBITDA and EBIT referred to herein can be found here.
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