Hapag-Lloyd has published its preliminary business figures for 2024, reporting slightly higher EBITDA and EBIT compared to 2023. Transport volume increased by 5%, reaching 12.5 million TEU, while the average freight rate remained at the prior-year level.
Based on preliminary and unaudited figures, Hapag-Lloyd achieved a Group EBITDA of USD 5.0 billion (EUR 4.6 billion) in the 2024 financial year. The Group EBIT also showed a slight improvement compared to the prior year, reaching USD 2.8 billion (EUR 2.6 billion). Both figures fall within the upper range of the adjusted earnings forecast published in October 2024. The increases are primarily attributed to higher transport volumes combined with a stable average freight rate, which stood at 1,492 USD/TEU, maintaining the prior-year level (2023: 1,500 USD/TEU).
Revenues rose to USD 20.7 billion (EUR 19.1 billion), driven largely by stronger demand for container transport. Transport volumes increased by approximately 5% to 12.5 million TEU, despite the rerouting of ships via the Cape of Good Hope due to the security situation in the Red Sea, which resulted in longer voyage times.
Hapag-Lloyd will release its 2024 Annual Report, including the audited financial figures and an outlook for the current financial year, on March 20, 2025.
For more information:
Hapag-Lloyd
Tel: +49 40 3001-2263
Email: [email protected]
www.hapag-lloyd.com