Hapag-Lloyd Full Year 2024 Earnings: EPS Beats Expectations

Hapag-Lloyd (ETR:HLAG) Full Year 2024 Results

Key Financial Results

• Revenue: €19.1b (up 6.6% from FY 2023).
• Net income: €2.39b (down 19% from FY 2023).
• Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: €13.57 (down from €16.70 in FY 2023).

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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

We should say that we've discovered 2 warning signs for Hapag-Lloyd (1 is concerning!) that you should be aware of before investing here.

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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.