Hapag-Lloyd on track to earn $2.6bn more than expected this year
3Q24 earnings top $1bn; Hapag-Lloyd raises full-year guidance yet again
Germany’s Hapag-Lloyd posted 3Q24 ebit of $1.1bn and ebitda of $1.6bn. New full-year guidance implies the fourth quarter will be strong as well. Peak season demand and ongoing Red Sea disruptions combined to make the second half of this year significantly more profitable than the first