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

Q2 2021 Hapag Lloyd AG Earnings Call Transcript

Aug 12, 2021 / 09:00AM GMT
Release Date Price: $131.22 (+2.85%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Hapag-Lloyd Analysts and Investors H1 2021 Results Conference Call. Hapag-Lloyd is represented by Rolf Habben Jansen, CEO; Mark Frese, CFO; and Heiko Hoffmann, Head of Investor Relations. (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 thanks, everybody, for making the time available to join us here at this investor presentation. Mark and I will try to take you through that over the next 20, 25 minutes. And then afterwards, we'd be very happy to take your questions.

Maybe a couple of opening remarks, if I may. I think when you look at the situation today, then if you want to characterize the first half, strong demand, high freight rates but a lot of operational challenges. We are doing a lot to try and tackle that. We'll talk a bit more about that later on. But we also see

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