Hapag-Lloyd has reported a solid start to 2025, achieving significant profit growth in the first quarter despite ongoing market volatility. The Group's EBITDA for the first quarter of 2025 reached USD 1.1 billion (EUR 1.0 billion), representing an 18% increase compared to the same period in 2024. The Group's EBIT rose to USD 487 million (EUR 463 million), a 25% increase, while net profit surged by 45% to USD 469 million (EUR 446 million).
Revenue in the Liner Shipping segment reached USD 5.2 billion (EUR 5.0 billion), driven by strong demand, with a transport volume of 3.3 million TEU and an average freight rate of USD 1,480 per TEU, both 9% higher than in the first quarter of 2024. EBITDA for the Liner Shipping segment rose to USD 1.1 billion (EUR 1.0 billion), while EBIT increased to USD 472 million (EUR 448 million).
In the Terminal & Infrastructure segment, Hapag-Lloyd achieved an EBITDA of USD 36 million (EUR 34 million) and an EBIT of USD 15 million (EUR 14 million) in the first quarter of 2025. The acquisition of a majority stake in the CNMP LH Terminal in Le Havre provided the company with strategically important access to the French market.
Rolf Habben Jansen, CEO of Hapag-Lloyd AG, highlighted the positive start to 2025, emphasizing the company's achievements in maintaining high schedule reliability through the Gemini Cooperation, which set it apart from competitors. He also noted progress with Hanseatic Global Terminals, which strengthened the company's position in France. Despite these successes, Habben Jansen acknowledged the ongoing challenges facing the logistics industry, including geopolitical risks, the situation in the Red Sea, and the impact of global tariffs and trade policies. The company remains focused on its Strategy 2030 and aims to achieve cost savings of more than USD 1 billion within the next 18 months.
Looking ahead, Hapag-Lloyd's Executive Board expects the Group's EBITDA for the 2025 financial year to range between USD 2.5 billion and 4.0 billion (EUR 2.4 to 3.9 billion), while EBIT is projected to be between USD 0.0 and 1.5 billion (EUR 0.0 to 1.5 billion). Given the current geopolitical challenges and volatile freight rates, the company acknowledges a high degree of uncertainty surrounding its outlook.
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Hapag-Lloyd
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