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

Q4 2023 Hapag Lloyd AG Earnings Call Transcript

Mar 14, 2024 / 01:00PM GMT
Release Date Price: $62.45 (-16.47%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Hapag-Lloyd Analyst and Investor Annual Report Full Year 2023 Results Conference Call. Hapag-Lloyd is represented by Rolf Jansen Manson, CEO; and Mark Frese, CFO. (Operator Instructions). I would now like to turn the conference over to Rolf Habben Jansen, CEO. Please go ahead, sir.

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

Thank you very much, and thanks, everyone, for making the time to join us here today at the investor presentation at the full year '23 results. Maybe just a couple of things to kick it off. I think, first of all, even if the year was not as super as it was in '21 and '22, we still posted the third best results in our group's history, and we had a pretty good return on invested capital. So all in all, I think it's actually been quite a good year even if the market was definitely a lot weaker than it was in '22. A couple of key things to note. I think, first of all, I think that our business mix, both in

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