Hapag-Lloyd AG (OTCPK:HPGLY)
$ 83.155 0 (0%) Market Cap: 29.23 Bil Enterprise Value: 28.61 Bil PE Ratio: 35.55 PB Ratio: 1.48 GF Score: 83/100

Full Year 2018 Hapag Lloyd AG Earnings Call Transcript

Mar 22, 2019 / 11:00AM GMT
Release Date Price: $13.19
Operator

Ladies and gentlemen, thank you for standing by. I am Jasmine, your Chorus Call operator. Welcome, and thank you for joining the Hapag-Lloyd Analyst and Investors Conference Call on the Full Year Results 2018. (Operator Instructions)

I would now like to turn the conference over to Rolf Habben Jansen, CEO. Please go ahead.

Rolf Habben Jansen
Hapag-Lloyd Aktiengesellschaft - Chairman of the Executive Board & CEO

Thank you very much. And welcome, everybody, and thank you for making the time to listen to us. We'll try to -- Nicolás and I will try to guide you through the presentation very swiftly, and then we'll, of course, open the floor for Q&A.

If we start with the highlights, a couple of opening remarks. I think when we look at 2018, one of the most -- one of the highlights is definitely that we achieved the UASC synergies or the run rate as planned probably a little bit ahead of time. Second thing being that we spent now post 2 mergers quite a lot of time on our strategy going forward, and we launched the strategy towards 2023 in

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