Hapag-Lloyd has upgraded its full-year earnings guidance by 28% after unaudited third-quarter results came in 17% higher.
The carrier said it now expected a 2020 ebitda of €2.4bn-€2.6bn, up from its previous guidance of €1.7bn-€2.2bn, and follows a preliminary Q3 ebitda of €650m.
“We have experienced a strong third quarter with a high demand, especially for exports out of Asia,” said chief executive Rolf Habben Jansen.
“Volumes were 3% below the previous year, …
The post Hapag-Lloyd upgrades...
https://theloadstar.com/hapag-lloyd-upgrades-2020-profit-forecast-28-after-a-bumper-q3/