Hapag-Lloyd AG (OTCPK:HPGLY)
$ 85.19 3.39 (4.14%) Market Cap: 29.95 Bil Enterprise Value: 29.33 Bil PE Ratio: 36.49 PB Ratio: 1.52 GF Score: 84/100

Q2 2023 Hapag Lloyd AG Earnings Call Transcript

Aug 10, 2023 / 09:00AM GMT
Release Date Price: $100.45 (-7.08%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Hapag-Lloyd Analysts and Investors First Half 2023 Results Conference Call. Hapag-Lloyd is represented by Rolf Habben Jansen, CEO; and Mark Frese, CFO. (Operator Instructions)

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

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

Thank you very much for the introduction, and thanks, everyone, for making the time to join us here today. As always, we'll try to give you a quick overview and then afterwards, be happy to take any questions that you may have. I think a couple of opening remarks. I believe that when we look at the highlights for the first half, I think it's definitely been a challenging market, but with -- especially in the first quarter, very weak demand, I think a bit recovering towards the end of Q2, but still challenging and rates, of course, quite a lot down.

I think on the Hapag side, a couple of things

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot