In This Article:
Hapag-Lloyd (ETR:HLAG) Full Year 2024 Results
Key Financial Results
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Revenue: €19.1b (up 6.6% from FY 2023).
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Net income: €2.39b (down 19% from FY 2023).
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Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: €13.57 (down from €16.70 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hapag-Lloyd EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%.
Looking ahead, revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Shipping industry in Europe.
Performance of the market in Germany.
The company's shares are down 7.4% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Hapag-Lloyd has 2 warning signs (and 1 which doesn't sit too well with us) we think you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.