Hapag-Lloyd has accomplished its profit

German compartment shipping organization Hapag-Lloyd has accomplished its profit focuses for 2015 and essentially enhanced its working result (EBIT) in the final quarter of 2015 versus earlier year, the organization said.

In light of the preparatory unaudited figures, Hapag-Lloyd expanded working EBITDA to EUR 831 million against EUR 98.9 million in 2014 and the working result (EBIT) to EUR 366.4 million against an EUR - 382.8 million in 2014.

Income expanded in 2015 to EUR 8.8 billion, two billion more than in the earlier year. The noteworthy increment was fundamentally inferable from the merger with CSAV's compartment business in December 2014. The vehicle volume ascended to around 7.4 million TEU for 2015 from 5.9 million TEU in 2014.

As at the 31 December 2015 asset report date, Hapag-Lloyd had EUR 5 billion, contrasted with EUR 4.2 billion in 2014 in value and a liquidity store of EUR 962.4 million. The organization's net obligation added up to EUR 3,334 million.

View All Articles