Hapag-Lloyd Maintains 2020 EBITDA Despite COVID-19 Demand Fluctuations!

Hapag-Lloyd maintains its 2020 EBITDA guidance of €1.7bn-2.2bn, despite unpredictable fluctuations in demand, reports The LoadStar.

Hapag-Lloyd announced that it was maintaining its 2020 EBITDA guidance of €1.7bn-2.2bn, despite unpredictable fluctuations in demand, due to the coronavirus pandemic.

It posted a first-quarter EBITDA of €469m ($507.8m), a decline of €20m from the same period last year.

The decline in EBITDA was largely due to the impact of...

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