COVID Crisis: Hapag-Lloyd Reports Significant Decrease In Volumes For Q2

Covid Crisis decline deteriorate representation Image

Hapag-Lloyd has concluded the first half of the year 2020 with earnings before interest and taxes (EBIT) of USD 563 million (EUR 511 million), thereby surpassing the prior-year figure of USD 440 million (EUR 389 million). The Group profit improved to USD 314 million (EUR 285 million). At the same time, earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to USD 1.29 billion (EUR 1.17 billion).

“After the year got off to a decent start, transport volumes significantly...

https://www.marineinsight.com/shipping-news/covid-crisis-hapag-lloyd-reports-significant-decrease-in-volumes-for-q2/

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