On the basis of preliminary figures, Hapag-Lloyd achieved Group revenues of USD 21.1 billion (EUR 18.6 billion) in the 2025 financial year. The Group EBITDA stood at USD 3.6 billion (EUR 3.2 billion) and the Group EBIT at USD 1.1 billion (EUR 1.0 billion). Thus, the result was at the upper end of the earnings forecast and, as expected, below the prior-year level.

Robust growth in global trade and the new Gemini Network led to an 8% increase in the transport volume, to 13.5 million TEU. At the same time, the average freight rate fell by 8% compared to the prior year, to 1,376 USD/TEU. Higher costs due to the ongoing rerouting of ships via the Cape of Good Hope and start-up expenses for the Gemini Network, weighed on the annual results. On the other hand, Gemini related cost savings started kicking in during the second half of 2025 and will be fully realized in 2026. One-time non-cash effects in the fourth quarter had a positive impact.

Hapag-Lloyd will publish its 2025 Annual Report with the audited financial figures and an outlook for the current financial year on March 26, 2026.

Source: Hapag-Lloyd