Hapag-Lloyd achieves "extraordinarily strong results" in 2022

Hapag-Lloyd achieves "extraordinarily strong results" in 2022

The 2022 revenues reached $36.4 billion

Hamburg-based carrier Hapag-Lloyd issued today its financial results for the fiscal year 2022 as it celebrates its 175th anniversary. According to the press release, the carrier closed the year with strong results, earning $36.4bn in revenue – a $10bn increase compared to 2021. The year’s EBITDA reached $20.5bn, and the EBIT rose to $18.5bn. While it achieved a revenue increase for the full year, the company noted that by the end of the year, “the freight rate had significantly come back down as congestion eased and demand declined.” Hapag-Lloyd’s also mentioned that transport volumes for this year were not far off from last’s year’s figures. “Transport volumes for full-year 2022 were roughly on a par with the prior-year level, at 11.8 million TEU (2021: 11.9 million TEU),” said the carrier. Preliminary key figures show that revenues during Q4 2022 reached $8.0bn, while EBITDA reached $3.8bn and EBIT $3.3bn. The carrier announced that it will publish its 2023 outlook and its 2022 Annual Report with the audited figures during a virtual press briefing on 2 March 2023.
Source: Hapag Lloyd